About Gates
Gates is a company based in Denver (United States) founded in 1911 was acquired by Blackstone in April 2014.. The company has 14,100 employees as of December 31, 2024. Gates has completed 4 acquisitions, including Atlas Hydraulics, RAPRO and Rapro.com. Gates operates in a competitive market with competitors including Dana, Linamar, FPT Industrial, Happy Forgings and Ricardo, among others.
- Headquarter Denver, United States
- Employees 14100 as on 31 Dec, 2024
- Stage Public
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gates Industrial Corporation Plc
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Annual Revenue
$3.41 B-4.54as on Dec 31, 2024
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Net Profit
$195.5 M-16.27as on Dec 31, 2024
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EBITDA
$726.6 M2.53as on Dec 31, 2024
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Latest Funding Round
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Investors
Blackstone
& 1 more
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Employee Count
14100
as on Dec 31, 2024
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Investments & Acquisitions
Atlas Hydraulics
& 3 more
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Acquired by
Blackstone
(Apr 04, 2014)
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IPO & Listings of Gates
Gates is a publicly listed company on the NYSE with ticker symbol GTES in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
108 people
Sales and Marketing
68 people
Finance and Accounting
36 people
Leadership Team
32 people
Human Resources and Administration
32 people
Product Management Team
31 people
Senior Team
14 people
Legal and Compliance
9 people
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Funding Insights of Gates
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2014 | Amount | Private Equity Round - Gates | Valuation |
investors |
| 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 Gates
Gates has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Blackstone and Ardian. 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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Private investment firm specializing in markets and partnerships.
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Founded Year | Domain | Location | |
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Diversified investment management is provided across multiple asset classes.
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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 Gates
Gates has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Atlas Hydraulics, RAPRO and Rapro.com. 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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Rubber spare parts for automobiles are manufactured and exported globally.
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2003 | ||||
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Molded rubber parts, hoses, and bellows are manufactured.
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1998 | ||||
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Drilling equipment, hydraulic assemblies, and industrial hoses are manufactured.
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1980 |
| 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 - Gates
| 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 |
Gates Comparisons
Competitors of Gates
Gates 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 Dana, Linamar, FPT Industrial, Happy Forgings and Ricardo, 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 |
Driveline technologies and components for electrified light vehicles are supplied.
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| domain | founded_year | HQ Location |
Motor vehicle and agricultural parts are manufactured and supplied.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of powertrain components
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| domain | founded_year | HQ Location |
Drive transmission components are manufactured and supplied.
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| domain | founded_year | HQ Location |
Drive transmission components are manufactured and supplied to OEMs.
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| 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 Gates
Frequently Asked Questions about Gates
When was Gates founded?
Gates was founded in 1911 and raised its 1st funding round 103 years after it was founded.
Where is Gates located?
Gates is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Who is the current CEO of Gates?
Ivo Jurek is the current CEO of Gates.
How many employees does Gates have?
As of Dec 31, 2024, the latest employee count at Gates is 14,100.
What is the annual revenue of Gates?
Annual revenue of Gates is $3.41B as on Dec 31, 2024.
What does Gates do?
Gates Corporation was founded in 1911 and is headquartered in Denver, United States. Belts, including micro-V, V, synchronous, and timing types, along with water pumps, power transmission kits, and tools, are produced for the automotive aftermarket. Components are also supplied to sectors such as agriculture, construction, mining, food and beverage, and oil and gas.
Who are the top competitors of Gates?
Gates's top competitors include Happy Forgings, Linamar and Kinetic Engineering.
Is Gates publicly traded?
Yes, Gates is publicly traded on NYSE under the ticker symbol GTES.
How many acquisitions has Gates made?
Gates has made 4 acquisitions, including Atlas Hydraulics, RAPRO, and Rapro.com.
Who are Gates's investors?
Gates has 2 investors. Key investors include Blackstone, and Ardian.
What is Gates's ticker symbol?
The ticker symbol of Gates is GTES on NYSE.
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