Andover Properties

New York, United States Founded: 2003 • Age: 23 yrs
Invests in, owns, and operates alternative real estate assets like self storage and car washes.
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About Andover Properties

Andover Properties is a company based in New York (United States) founded in 2003. It operates as a B2B. Andover Properties has completed 1 acquisition, including RoboVault. Andover Properties offers products and services including Self Storage Services, Car Wash Operations, Manufactured Housing Services, and Small Bay Industrial Services. Andover Properties operates in a competitive market with competitors including Brookfield Properties, Savills, CCR Group, Egis and SigmaRoc, among others.

  • Headquarter New York, United States
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Real Estate & Construction → Real Estate Services & Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Andover Properties

Andover Properties offers a comprehensive portfolio of products and services, including Self Storage Services, Car Wash Operations, Manufactured Housing Services, and Small Bay Industrial Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides ownership and operation of self storage facilities.

Manages and develops car wash businesses.

Handles manufactured housing and RV community operations.

Oversees small bay industrial property management.

People of Andover Properties
Headcount 200-500
Employee Profiles 16
Employee Profiles
People
Michael Wachsman
Director Of Acquisitions
People
Raj Lodaya
Senior Associate - Acquisitions
People
Zachary Shapiro
Senior Associate, Acquisitions
People
John Delaney
Distict Manager

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Funding Insights of Andover Properties

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Andover Properties

Andover Properties has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include RoboVault. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Self-storage services are offered in Fort Lauderdale with automated systems.
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Andover Properties

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Andover Properties Comparisons

Employees
+
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Competitors of Andover Properties

Andover Properties operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brookfield Properties, Savills, CCR Group, Egis and SigmaRoc, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Commercial properties are developed and managed by Brookfield Properties.
domain founded_year HQ Location
Provider of real estate listing services
domain founded_year HQ Location
Commercial properties are developed by CCR Group in Brazil.
domain founded_year HQ Location
Commercial properties are developed by Egis in France.
domain founded_year HQ Location
Invests in construction material for real estate development
domain founded_year HQ Location
High-end hotels are owned, developed, managed, and operated strategically.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Andover Properties

Frequently Asked Questions about Andover Properties

When was Andover Properties founded?

Andover Properties was founded in 2003.

Where is Andover Properties located?

Andover Properties is headquartered in New York, United States. It is registered at New York, New York, United States.

What does Andover Properties do?

Andover Properties is an investment firm that focuses on owning, operating, and developing commercial real estate in the United States, specializing in alternative asset classes such as self storage, car washes, manufactured housing, and RV communities. They provide expertise in acquisitions, development, capital markets, and property management, serving global institutional investors and high-net-worth individuals. The company is headquartered in New York City with additional offices in Miami and San Francisco.

Who are the top competitors of Andover Properties?

Andover Properties's top competitors include Chalet Hotels, Las Vegas Sands and SigmaRoc.

What products or services does Andover Properties offer?

Andover Properties offers Self Storage Services, Car Wash Operations, Manufactured Housing Services, and Small Bay Industrial Services.

How many acquisitions has Andover Properties made?

Andover Properties has made 1 acquisition, including RoboVault.

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