About GoNefco
GoNefco is a company based in East Hartford (United States) founded in 1981. GoNefco has raised $188.76 million across 1 funding round from investors including Bertram Capital. The company has 443 employees as of December 31, 2021. GoNefco has completed 15 acquisitions, including Blume Supply, Edge Construction Supply and FascoSupply. GoNefco offers products and services including Abrasives, Adhesives, Anchors, Firestop, and Pipe Hangers. GoNefco operates in a competitive market with competitors including YouTool, City Hire, Zenith Survey, 2cequipment.com and SculelaPachet, among others.
- Headquarter East Hartford, United States
- Employees 443 as on 31 Dec, 2021
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Sectors
Real Estate & Construction
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$188.76 M (USD)
in 1 rounds
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Latest Funding Round
$188.76 M (USD), Private Equity Round
Aug 10, 2022
- Investors
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Employee Count
443
as on Dec 31, 2021
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Investments & Acquisitions
Blume Supply
& 14 more
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Products & Services of GoNefco
GoNefco offers a comprehensive portfolio of products and services, including Abrasives, Adhesives, Anchors, Firestop, and Pipe Hangers.
Products for grinding and surface finishing in industrial applications.
Materials for bonding and sealing in construction projects.
Devices for securing structures and foundations.
Solutions for preventing fire spread in buildings.
Hardware for suspending pipes in industrial settings.
Bolts and washers for structural assemblies.
Funding Insights of GoNefco
GoNefco has successfully raised a total of $188.76M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $188.76 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in GoNefco
GoNefco has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bertram Capital.
| Investor | Description | Founded Year | Domain | Location |
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Bertram Capital is focused on private equity investments in lower middle-market companies.
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Investor details for GoNefco
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Investments & Acquisitions by GoNefco
GoNefco has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include Blume Supply, Edge Construction Supply and FascoSupply.
Investment portfolio details for GoNefco
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Manufacturer of industrial supplies such as abrasives, concrete drills, and chisels
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Locked | Locked | 2012 | Locked | |
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Structural engineering services are provided to multiple industries.
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Locked | Locked | 2000 | Locked | |
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Totaltool was founded in 1996 in the United States.
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Locked | Locked | 1996 | Locked |
Complete acquisition details for GoNefco
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Financial Statements - GoNefco
Detailed financials for GoNefco
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Gonefco Comparisons
Peer comparison for GoNefco
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Competitors of GoNefco
GoNefco 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 YouTool, City Hire, Zenith Survey, 2cequipment.com and SculelaPachet, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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An app-based platform is provided for renting construction tools.
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Offers tool and equipment rental with fast delivery and online bookings.
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Construction survey and safety equipment is rented via online platform.
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Equipment is rented by users via an online marketplace.
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Sells power tools, generators, and gardening equipment online to consumers.
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Detailed competitors of GoNefco
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Latest news on Gonefco
Complete news archive for GoNefco
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Frequently Asked Questions about GoNefco
GoNefco was founded in 1981 and raised its 1st funding round 41 years after it was founded.
GoNefco is headquartered in East Hartford, United States. It is registered at East Hartford, Connecticut, United States.
GoNefco is a funded company, having raised a total of $188.76M across 1 funding round to date.
As of Dec 31, 2021, the latest employee count at GoNefco is 443.
Founded in 1981 in East Hartford, United States, the company operates as a distributor in the MRO sector. Fasteners were initially distributed, with expansion into power tools and pipe support systems. Operations are managed through four offline stores and an e-commerce website. Services provided include equipment rentals, tool repairs, pipe support engineering, and strut installation.
GoNefco's top competitors include YouTool, 2cequipment.com and Zenith Survey.
GoNefco offers Abrasives, Adhesives, Anchors, Firestop, and 2 more products and services.
GoNefco has made 15 acquisitions, including Blume Supply, Edge Construction Supply, and FascoSupply.
GoNefco has 1 investor. Key investors include Bertram Capital.