Balloo Hire
About Balloo Hire
Balloo Hire is a company was acquired by Sammons in March 2019.. Balloo Hire has completed 1 acquisition, including Highway Plant. Balloo Hire offers products and services including Plant Hire and Tool Hire.
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Social
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- Legal Name Balloo Hire Centre Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Sammons
(Mar 07, 2019)
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Products & Services of Balloo Hire
Balloo Hire offers a comprehensive portfolio of products and services, including Plant Hire and Tool Hire. 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.
Various plant equipment, such as compressors and telescopic handlers, is rented out for construction and agricultural purposes.
Tools for tasks like painting, drilling, and gardening are made available for hire to support diverse project needs.
Funding Insights of Balloo Hire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Balloo Hire
Balloo Hire has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sammons. 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.
| Investor | Description | Founded Year | Domain | Location |
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Investments are directed toward consumer products and B2B services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Balloo Hire
Balloo Hire has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Highway Plant. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Engineering and process training services are provided to industry professionals.
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1983 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Balloo Hire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Balloo Hire Comparisons
Competitors of Balloo Hire
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Balloo Hire
What does Balloo Hire do?
Balloo Hire is known for offering tool and plant hire services across Northern Ireland, with seven hire centres and a fleet of nearly 10,000 units from over 650 items being maintained since 1987. Equipment, including certified plant and tools for projects like self-build and events, is provided to both business and domestic customers. Delivery services are extended island-wide, and sustainable options are emphasized to ensure reliable support for various needs, while training and expertise are delivered to promote safe operations.
What products or services does Balloo Hire offer?
Balloo Hire offers Plant Hire and Tool Hire.
How many acquisitions has Balloo Hire made?
Balloo Hire has made 1 acquisition, including Highway Plant.
Who are Balloo Hire's investors?
Balloo Hire has 1 investor. Key investors include Sammons.