Elite Electronics

Richardson, United States Founded: 2006 • Age: 20 yrs Acquired By LKQ
Automotive collision repair and maintenance services are provided.
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About Elite Electronics

Elite Electronics is a company based in Richardson (United States) founded in 2006 was acquired by LKQ in April 2019.. Elite Electronics operates in a competitive market with competitors including YourMechanic, RepairPal, Yoshi, Crash Champions and Openbay, among others.

  • Headquarter Richardson, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    LKQ

    (Apr 01, 2019)

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Funding Insights of Elite Electronics

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 Elite Electronics

Elite Electronics has secured backing from 1 investor. Prominent investors backing the company include LKQ. 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
Investor Description Founded Year Domain Location
Distributes recycled auto parts and services through wholesale and retail.
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 Elite Electronics

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 - Elite Electronics

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

Elite Electronics Comparisons

Employees
+
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Competitors of Elite Electronics

Elite Electronics 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 YourMechanic, RepairPal, Yoshi, Crash Champions and Openbay, 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
On-demand vehicle maintenance and repairs are provided via mobile platform.
domain founded_year HQ Location
Auto repair estimates and vetted mechanic directories are offered online.
domain founded_year HQ Location
Mobile vehicle inspection and maintenance solutions are provided to fleets.
domain founded_year HQ Location
Towing assistance, vehicle painting, and repair services are provided.
domain founded_year HQ Location
Automotive repair services are aggregated via a mobile app platform.
domain founded_year HQ Location
Auto repair, glass replacement, and fleet maintenance services are provided.
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 Elite Electronics

Frequently Asked Questions about Elite Electronics

When was Elite Electronics founded?

Elite Electronics was founded in 2006.

Where is Elite Electronics located?

Elite Electronics is headquartered in Richardson, United States. It is registered at Richardson, Texas, United States.

What does Elite Electronics do?

Elite Electronics was founded in 2006 and is based in Richardson, United States. Operations are centered in the automotive sector, where collision repair and maintenance services are delivered to address vehicle damage and routine upkeep. The company serves local clients through its domain, elite-dfw.com, focusing on practical solutions for automotive needs without additional sectors noted. Geography limits activities primarily to the Richardson area.

Who are the top competitors of Elite Electronics?

Elite Electronics's top competitors include RepairPal, CarDash and Yoshi.

Who are Elite Electronics's investors?

Elite Electronics has 1 investor. Key investors include LKQ.

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