Harrell

Indianapolis, United States Founded: 1978 • Age: 48 yrs Acquired By Sonny’s
Engineering consultancy for car wash systems is provided.
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About Harrell

Harrell is a company based in Indianapolis (United States) founded in 1978 was acquired by Sonny’s in October 2020.. The company has 117 employees as of December 31, 2019. Harrell has completed 2 acquisitions, including HGC Industries and New England Car Wash Equipment.

  • Headquarter Indianapolis, United States
  • Employees 117 as on 31 Dec, 2019
  • Phone
    *********
  • Website
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Sonny’s

    & 1 more

  • Employee Count
    117

    as on Dec 31, 2019

  • Investments & Acquisitions
  • Acquired by
    Sonny’s

    & 1 more

    (Oct 27, 2020)

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Funding Insights of Harrell

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Harrell

Harrell has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Sonny’s and Generation Growth Capital. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
PE firm invests in the US
Founded Year Domain Location
Conveyorized car wash equipment, parts, and supplies are manufactured.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Harrell

Harrell has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include HGC Industries and New England Car Wash Equipment. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
HGC Industries is engaged in providing sealing and stamping solutions globally.
1997
Car wash equipment is manufactured and related services are provided.
1973
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Harrell

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Harrell Comparisons

Employees
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Competitors of Harrell

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Harrell

Frequently Asked Questions about Harrell

When was Harrell founded?

Harrell was founded in 1978.

Where is Harrell located?

Harrell is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.

How many employees does Harrell have?

As of Dec 31, 2019, the latest employee count at Harrell is 117.

What does Harrell do?

Harrell was founded in 1978 in Indianapolis, United States. Engineering consultancy services are delivered within the car wash systems sector. Operations focus on design, planning, and technical support for car wash facilities. Services encompass system engineering, equipment integration, and operational optimization. The company maintains its base in the United States, serving clients across North America with specialized expertise in automated washing technologies.

How many acquisitions has Harrell made?

Harrell has made 2 acquisitions, including HGC Industries, and New England Car Wash Equipment.

Who are Harrell's investors?

Harrell has 2 investors. Key investors include Sonny’s, and Generation Growth Capital.

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