Delta Rigging & Tools

Angleton, United States Founded: 2004 • Age: 22 yrs Acquired By Austin Ventures
Lifting products, synthetic slings, and hardware testing accessories are supplied.
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About Delta Rigging & Tools

Delta Rigging & Tools is a company based in Angleton (United States) founded in 2004 was acquired by Austin Ventures in August 2008.. Delta Rigging & Tools has completed 2 acquisitions, including Holloway Wire Rope and Morgan City Rentals.

  • Headquarter Angleton, United States
  • Email
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  • Phone
    *********
  • Website
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Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $26.5 M (USD), Debt – Conventional

    Jun 01, 2006

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Austin Ventures

    (Aug 12, 2008)

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Funding Insights of Delta Rigging & Tools

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $26.5M
  • First Round

    (01 Jun 2006)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2006 Amount Debt – Conventional - Delta Rigging & Tools Valuation

investors

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

investors

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investors

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investors

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Investors in Delta Rigging & Tools

Delta Rigging & Tools has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include NewStar Financial and Austin Ventures. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments in Texas-based companies.
Founded Year Domain Location
Financial services are provided by NewStar Financial in Boston.
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 Delta Rigging & Tools

Delta Rigging & Tools has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Holloway Wire Rope and Morgan City Rentals. 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
Semi-finished metals manufacturing services are provided by Holloway Wire Rope.
1983
Equipment rental agency
1970
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 - Delta Rigging Tools

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

Delta Rigging & Tools Comparisons

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Competitors of Delta Rigging & Tools

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 Delta Rigging & Tools

Frequently Asked Questions about Delta Rigging & Tools

When was Delta Rigging & Tools founded?

Delta Rigging & Tools was founded in 2004 and raised its 1st funding round 2 years after it was founded.

Where is Delta Rigging & Tools located?

Delta Rigging & Tools is headquartered in Angleton, United States. It is registered at Angleton, Texas, United States.

Who is the current CEO of Delta Rigging & Tools?

Kevin Rodgers is the current CEO of Delta Rigging & Tools.

What does Delta Rigging & Tools do?

Delta Rigging Tools was founded in 2004 and is based in Angleton, United States. Operations center on the supply of lifting products, synthetic slings, and hardware testing accessories within the industrial rigging sector. Services include distribution of these items to support material handling and safety applications. The company serves clients across various industries requiring reliable equipment solutions.

How many acquisitions has Delta Rigging & Tools made?

Delta Rigging & Tools has made 2 acquisitions, including Holloway Wire Rope, and Morgan City Rentals.

Who are Delta Rigging & Tools's investors?

Delta Rigging & Tools has 2 investors. Key investors include NewStar Financial, and Austin Ventures.

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