About Essendant
Essendant is a company based in Deerfield (United States) founded in 1922 was acquired by Staples in September 2018.. Essendant has completed 3 acquisitions, including CPO Outlets, MBS Dev and ORS Nasco. Essendant offers products and services including 3PL Fulfillment, Wholesale Distribution, and Ecommerce Services.
- Headquarter Deerfield, United States
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Essendant Inc
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Annual Revenue
$5.04 B-6as on Dec 31, 2017
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Net Profit
$-266.98 M-518as on Dec 31, 2017
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EBITDA
$-243.39 M-307as on Dec 31, 2017
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
CPO Outlets
& 2 more
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Acquired by
Staples
(Sep 14, 2018)
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Products & Services of Essendant
Essendant offers a comprehensive portfolio of products and services, including 3PL Fulfillment, Wholesale Distribution, and Ecommerce Services. 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.
Services for warehousing and order fulfillment to businesses.
Distribution of products like office supplies to resellers.
Platform integrations for online sales and order management.
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Software Development Team
41 people
Operations Team
24 people
Finance and Accounting
20 people
Leadership Team
16 people
Senior Team
14 people
Human Resources and Administration
12 people
Product Management Team
10 people
Data Analysis and Operations Team
7 people
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Funding Insights of Essendant
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Essendant
Essendant has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Staples. 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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Office supplies and business products are distributed online to 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 Essendant
Essendant has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CPO Outlets, MBS Dev and ORS Nasco. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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New and reconditioned home improvement tools are sold online.
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2004 | ||||
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ERP implementation, cloud migration, and digital transformation services are provided.
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2004 | ||||
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Industrial supplies and products are distributed by ORS Nasco.
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1959 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Essendant
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Essendant Comparisons
Competitors of Essendant
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Essendant
Frequently Asked Questions about Essendant
When was Essendant founded?
Essendant was founded in 1922.
Where is Essendant located?
Essendant is headquartered in Deerfield, United States.
Who is the current CEO of Essendant?
Richard Phillips is the current CEO of Essendant.
What is the annual revenue of Essendant?
Annual revenue of Essendant is $5.04B as on Dec 31, 2017.
What does Essendant do?
Essendant is a distributor of workplace items in the United States and internationally. It offers janitorial and sanitation supplies, breakroom items, foodservice consumables, safety and security items, and paper and packaging supplies. The company also provides technology products, such as computer accessories, imaging supplies, and data storage products, and computer hardware, including printers and other peripherals. In addition, it offers traditional office products, including writing instruments, business machines, filing and record storage products, presentation products, shipping and mailing supplies, calendars, and general office accessories. In 2017 the company recorded annual revenues of 5.36B, and a net profit of 0.06B.
What products or services does Essendant offer?
Essendant offers 3PL Fulfillment, Wholesale Distribution, and Ecommerce Services.
How many acquisitions has Essendant made?
Essendant has made 3 acquisitions, including CPO Outlets, MBS Dev, and ORS Nasco.
Who are Essendant's investors?
Essendant has 1 investor. Key investors include Staples.
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