About Freo Group
Freo Group is a company based in Hope Valley (Australia) founded in 1974 was acquired by Locus in March 2022.. Freo Group offers products and services including Crane Hire, Heavy Lifting, Project Logistics, Engineering Solutions, and Renewables Services. Freo Group operates in a competitive market with competitors including United Rentals, EquipmentShare, LOXAM, Sunbelt Rentals and Tenderd, among others.
- Headquarter Hope Valley, Australia
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
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Social
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- Legal Name Freo Group Pty Ltd
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Products & Services of Freo Group
Freo Group offers a comprehensive portfolio of products and services, including Crane Hire, Heavy Lifting, Project Logistics, Engineering Solutions, and Renewables 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.
Provides mobile cranes for construction and mining projects across Australia.
Offers safe lifting solutions for complex industrial and energy projects.
Manages logistics and supply chains for various industry operations.
Delivers custom lift plans and engineering support for projects.
Supports renewable energy projects with specialized lifting expertise.
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Funding Insights of Freo Group
| 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 Freo Group
Freo Group has secured backing from 1 investor. Prominent investors backing the company include Locus. 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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Last-mile delivery software is optimized for automation and logistics analysis.
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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 Freo Group
| 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 - Freo Group
| 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 |
Freo Group Comparisons
Competitors of Freo Group
Freo Group 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 United Rentals, EquipmentShare, LOXAM, Sunbelt Rentals and Tenderd, 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 |
Heavy equipment is rented via an online platform.
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| domain | founded_year | HQ Location |
Equipment rental marketplace and digital tools for construction are offered.
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| domain | founded_year | HQ Location |
Online platform for equipment rental and project support
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| domain | founded_year | HQ Location |
Construction and industrial equipment is rented across North America.
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| domain | founded_year | HQ Location |
Industrial and construction equipment rentals are facilitated online.
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| domain | founded_year | HQ Location |
Online rental platform offering heavy machinery for enterprise
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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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Latest news on Freo Group
Frequently Asked Questions about Freo Group
When was Freo Group founded?
Freo Group was founded in 1974.
Where is Freo Group located?
Freo Group is headquartered in Hope Valley, Australia. It is registered at Hope Valley, South Australia, Australia.
Who is the current CEO of Freo Group?
Stephen Rogers is the current CEO of Freo Group.
What does Freo Group do?
Online platform for industrial equipment rental. It provides a platform to rent equipment like cranes, logistics lifting equipment, etc.
Who are the top competitors of Freo Group?
Freo Group's top competitors include EquipmentShare, United Rentals and Sunbelt Rentals.
What products or services does Freo Group offer?
Freo Group offers Crane Hire, Heavy Lifting, Project Logistics, Engineering Solutions, and Renewables Services.
Who are Freo Group's investors?
Freo Group has 1 investor. Key investors include Locus.
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