EIS Inc

Atlanta, United States Founded: 1946 • Age: 80 yrs
Industrial tools and equipment are distributed online by EIS.
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About EIS Inc

EIS Inc is a company based in Atlanta (United States) founded in 1946.. The company has 1,117 employees as of December 31, 2022. EIS Inc has completed 5 acquisitions, including Cobra Wire & Cable, Connect-Air and Empire. EIS Inc operates in a competitive market with competitors including Grainger, Milwaukee Tool, Fastenal, Johnstone Supply and Starrett, among others.

  • Headquarter Atlanta, United States
  • Employees 1117 as on 31 Dec, 2022
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
    $181 K (USD)
    28
    as on Dec 31, 2023
  • Net Profit
    $-16.91 K (USD)
    41
    as on Dec 31, 2023
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    1117

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by

    & 1 more

    (Nov 12, 2024)

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People of EIS Inc
Headcount 5000-10000
Employee Profiles 82
Employee Profiles
People
Danny Phillips
Territory Manager
People
Glenn Pennycook
CEO
People
Joe Ruiz
Chief Financial Officer
People
Carolina Sanchez
Inside Sales Director, Latam

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Funding Insights of EIS Inc

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 EIS Inc

EIS Inc has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Audax Private Equity. 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
Investor Description Founded Year Domain Location
Private equity investments in middle market companies across North America.
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 EIS Inc

EIS Inc has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Cobra Wire & Cable, Connect-Air and Empire. 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
Manufacturer of gaskets, abrasives, regulators, valves, and other electrical parts
2019
Custom cable assemblies are manufactured and distributed by Empire.
1999
Power cable products are manufactured for electrical applications.
1988
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 - EIS Inc

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

Eis Inc Comparisons

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Competitors of EIS Inc

EIS Inc 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 Grainger, Milwaukee Tool, Fastenal, Johnstone Supply and Starrett, 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
Industrial tools and machines are distributed online by Grainger.
domain founded_year HQ Location
Industrial tools are distributed online by Milwaukee Tool.
domain founded_year HQ Location
Industrial tools and equipment are distributed online to various sectors.
domain founded_year HQ Location
E-distribution platform offering products for industries
domain founded_year HQ Location
Manufacturer of precision measuring tools and saw blades
domain founded_year HQ Location
New and reconditioned home improvement tools are sold online.
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 Eis Inc

Frequently Asked Questions about EIS Inc

When was EIS Inc founded?

EIS Inc was founded in 1946.

Where is EIS Inc located?

EIS Inc is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

Who is the current CEO of EIS Inc?

Glenn Pennycook is the current CEO of EIS Inc.

How many employees does EIS Inc have?

As of Dec 31, 2022, the latest employee count at EIS Inc is 1,117.

What is the annual revenue of EIS Inc?

Annual revenue of EIS Inc is $181K as on Dec 31, 2023.

What does EIS Inc do?

EIS was founded in 1946 and operates as an online distributor in the industrial sector. A platform is provided for purchasing items such as adhesives and sealants, bearings, electric motors, hand and power tools, lighting and magnification equipment, cables and tapes, and safety gear. The company is headquartered in Atlanta, United States, serving various industrial needs through its digital marketplace.

Who are the top competitors of EIS Inc?

EIS Inc's top competitors include Fastenal, Grainger and Johnstone Supply.

How many acquisitions has EIS Inc made?

EIS Inc has made 5 acquisitions, including Cobra Wire & Cable, Connect-Air, and Empire.

Who are EIS Inc's investors?

EIS Inc has 1 investor. Key investors include Audax Private Equity.

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