EFFCO Solutions
About EFFCO Solutions
EFFCO Solutions is a company founded in 2010 was acquired by Catalyst Principal Partners in February 2014. It operates as a Pay-per-Use / Usage-Based, and Reseller / Distribution. EFFCO Solutions offers products and services including Plant Hire, Distribution, Workshop & Services, and Minesite Solutions.
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Effco Solutions (T) 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
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Acquired by
Catalyst Principal Partners
(Feb 26, 2014)
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Products & Services of EFFCO Solutions
EFFCO Solutions offers a comprehensive portfolio of products and services, including Plant Hire, Distribution, Workshop & Services, and Minesite Solutions. 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.
Heavy equipment is leased for mining and construction.
Equipment distribution is provided across East African region.
Maintenance services are offered by certified technicians team.
Mining support services are provided in Mwanza area.
Funding Insights of EFFCO Solutions
| 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 EFFCO Solutions
EFFCO Solutions has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Catalyst Principal Partners. 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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Private equity investments are directed toward mid-sized African companies.
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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 EFFCO Solutions
| 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 |
Financial Statements - EFFCO Solutions
| 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 |
Effco Solutions Comparisons
Competitors of EFFCO Solutions
| 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 EFFCO Solutions
When was EFFCO Solutions founded?
EFFCO Solutions was founded in 2010.
What does EFFCO Solutions do?
Heavy equipment leasing and distribution services are offered by EFFCO Solutions in Tanzania, focusing on the mining and construction sectors. Operations include plant hire, logistics, and civil engineering works across the East African region. Customized leasing packages for short and long terms are provided to enhance client efficiency within budget and time constraints. A skilled team of technicians ensures equipment maintenance, supported by full logistical planning. The company aims to maintain high health, safety, and environmental standards while striving to become a market leader in its field.
What products or services does EFFCO Solutions offer?
EFFCO Solutions offers Plant Hire, Distribution, Workshop & Services, and Minesite Solutions.
Who are EFFCO Solutions's investors?
EFFCO Solutions has 1 investor. Key investors include Catalyst Principal Partners.