ASV Holdings

Grand Rapids, United States Founded: 1983 • Age: 43 yrs Acquired By Yanmar
Compact machinery and loaders are manufactured for construction and agriculture.
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About ASV Holdings

ASV Holdings is a company based in Grand Rapids (United States) founded in 1983 was acquired by Yanmar in June 2019.. ASV Holdings offers products and services including Compact Track Loaders, Skid Steers, RT-65, and VT-75. ASV Holdings operates in a competitive market with competitors including Ford, John Deere, BRP, General Motors and REV Group, among others.

  • Headquarter Grand Rapids, United States
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Asv Holdings, Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $50 M (USD), Debt – Conventional

    Jan 02, 2018

  • Investors
    PNC

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Yanmar

    & 1 more

    (Jun 27, 2019)

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Products & Services of ASV Holdings

ASV Holdings offers a comprehensive portfolio of products and services, including Compact Track Loaders, Skid Steers, RT-65, and VT-75. 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

Loaders designed for versatile terrain work in construction

Versatile machines for loading and excavation tasks

Model with 67.1 hp for medium-duty applications

Loader offering 74.3 hp capacity for forestry use

People of ASV Holdings
Headcount 50-200
Employee Profiles 6
Employee Profiles
People
Thomas Foster
Vice President of Operations and Supply Chain
People
Andrew M. Rooke
Chairman of the Board and Chief Executive Officer
People
Bill Wake
Director of Product Development
People
Scott Foley
Distribution Center Manager

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Funding Insights of ASV Holdings

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $50.0M
  • First Round

    (01 Dec 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2018 Amount Debt – Conventional - ASV Holdings Valuation

investors

PNC
Dec, 2014 Amount Debt – Conventional - ASV Holdings Valuation

investors

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

Investors in ASV Holdings

ASV Holdings has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include PNC, Manitex International and Yanmar. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Commercial banking and financing services are provided by PNC.
Founded Year Domain Location
Manufactures high-quality equipment for agriculture, industrial, and construction sectors.
Founded Year Domain Location
Heavy lifting vehicles and cranes are manufactured for industrial use.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ASV Holdings

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

Financial Statements - ASV Holdings

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

Asv Holdings Comparisons

Employees
+
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Competitors of ASV Holdings

ASV Holdings 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 Ford, John Deere, BRP, General Motors and REV Group, 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
Automobiles and commercial vehicles are manufactured by Ford.
domain founded_year HQ Location
Tractors and mechanized off-highway equipment are manufactured.
domain founded_year HQ Location
Motorized recreational vehicles and power-sports engines are manufactured and distributed.
domain founded_year HQ Location
Global automotive company
domain founded_year HQ Location
Specialty vehicles are designed, fabricated, and distributed worldwide.
domain founded_year HQ Location
Recreational vehicles are manufactured by Forest River.
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 Asv Holdings

ASV introduces a new compact track loader
Landscapemanagement1 year ago
ASV adds new snow attachment and more at Equip Expo
Landscapemanagement3 years ago

Frequently Asked Questions about ASV Holdings

When was ASV Holdings founded?

ASV Holdings was founded in 1983 and raised its 1st funding round 31 years after it was founded.

Where is ASV Holdings located?

ASV Holdings is headquartered in Grand Rapids, United States. It is registered at Grand Rapids, Michigan, United States.

What does ASV Holdings do?

ASV Holdings was founded in 1983 in Grand Rapids, United States, with a focus on the machinery sector. Compact equipment for construction, agriculture, land management, forestry, and landscaping applications is developed and produced. The product line includes posi-track loaders and skid-steer loaders, which are distributed through authorized dealership networks across relevant markets. Operations emphasize practical solutions for diverse terrain uses.

Who are the top competitors of ASV Holdings?

ASV Holdings's top competitors include Ford, John Deere and BRP.

What products or services does ASV Holdings offer?

ASV Holdings offers Compact Track Loaders, Skid Steers, RT-65, and VT-75.

Who are ASV Holdings's investors?

ASV Holdings has 3 investors. Key investors include PNC, Manitex International, and Yanmar.

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