About Espit
Espit is a company based in Puumala (Finland) founded in 2006 was acquired by Quattro Mikenti Group in January 2023.. Espit offers products and services including LVI Services, Heat Pumps, and LVI Supplies. Espit operates in a competitive market with competitors including Halico, Jetitek, Menddie, Zenner Engineers and Vorguprojekt, among others.
- Headquarter Puumala, Finland
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Sectors
Business Services
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Phone
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Website
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Social
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- Legal Name Espit Oy
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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
Quattro Mikenti Group
(Jan 11, 2023)
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Products & Services of Espit
Espit offers a comprehensive portfolio of products and services, including LVI Services, Heat Pumps, and LVI Supplies. 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.
Professional heating and plumbing installation for buildings
Sales and maintenance of energy-efficient heat pumps
Provision of materials for home and commercial use
Funding Insights of Espit
| 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 Espit
Espit has secured backing from 1 investor. Prominent investors backing the company include Quattro Mikenti Group. 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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Building contracting services are provided in Finland.
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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 Espit
| 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 - Espit
| 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 |
Espit Comparisons
Competitors of Espit
Espit 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 Halico, Jetitek, Menddie, Zenner Engineers and Vorguprojekt, 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 |
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| domain | founded_year | HQ Location |
Property maintenance services are provided throughout Finland.
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| domain | founded_year | HQ Location |
Repair and maintenance services for refrigeration systems are provided.
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| domain | founded_year | HQ Location |
Services for repairing sewing fabrics are provided by Menddie.
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| domain | founded_year | HQ Location |
Provider of HVAC, plumbing, acoustics design, and laboratory services
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| domain | founded_year | HQ Location |
Provides electrical engineering services, specializing in installation and maintenance of systems.
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| 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 Espit
When was Espit founded?
Espit was founded in 2006.
Where is Espit located?
Espit is headquartered in Puumala, Finland.
What does Espit do?
Espit, based in Puumala, focuses on consumer, professional consumer services, home-services, maintenance repair, and multi services. Provider of HVAC, heating, and plumbing repair services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
What products or services does Espit offer?
Espit offers LVI Services, Heat Pumps, and LVI Supplies.
Who are Espit's investors?
Espit has 1 investor. Key investors include Quattro Mikenti Group.