Hi-Tech Industries

Farmington, United States Founded: 1940 • Age: 86 yrs Acquired By MPE Partners
Offers car care and detailing services
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Hi-Tech Industries

Hi-Tech Industries is a company based in Farmington (United States) founded in 1940 was acquired by MPE Partners in May 2022. Hi-Tech Industries has completed 1 acquisition, including RBL Products. Hi-Tech Industries offers products and services including hibuff, captainschoice, dexatron, and MagnaShine. Hi-Tech Industries operates in a competitive market with competitors including Copart, Droom, Cars.com, CarGurus and Group1 Automotive, among others.

  • Headquarter Farmington, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Hi-Tech Industries, Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    NITEO

    & 1 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    MPE Partners

    & 1 more

    (May 05, 2022)

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Products & Services of Hi-Tech Industries

Hi-Tech Industries offers a comprehensive portfolio of products and services, including hibuff, captainschoice, dexatron, and MagnaShine.

Product name locked
Category locked
Primary

Product for automotive cleaning and polishing applications

Product name locked
Category locked
Locked

Equipment for vehicle maintenance and care services

Product name locked
Category locked
Locked

Tools for efficient auto detailing processes

Product name locked
Category locked
Locked

Supplies for enhancing automotive shine and protection

Funding Insights of Hi-Tech Industries

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Detailed funding history for Hi-Tech Industries

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
  • Participating investors
  • Valuation history

Verified entity values are shown only after access is granted.

Investors in Hi-Tech Industries

Hi-Tech Industries has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include NITEO and MPE Partners.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments are focused on lower middle market companies.
Locked Locked Locked
Automotive, marine, and recreational vehicle maintenance products are provided.
Locked Locked Locked
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Investor details for Hi-Tech Industries

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Hi-Tech Industries

Hi-Tech Industries has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include RBL Products.

Investments
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Investment portfolio details for Hi-Tech Industries

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of automotive collision repair and detailing products, including paint masking systems and self-adhering abrasives
Locked Locked 1985 Locked
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Complete acquisition details for Hi-Tech Industries

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Hi-Tech Industries

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Detailed financials for Hi-Tech Industries

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Hi-Tech Industries Comparisons

Hi-Tech Industries Primary company
Description
Offers car care and detailing services
Location
Farmington, United States
Founded Year
1940
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Hi-Tech Industries

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
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Competitors of Hi-Tech Industries

Hi-Tech Industries 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 Copart, Droom, Cars.com, CarGurus and Group1 Automotive, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Used and salvaged vehicles are offered via an online marketplace.
Locked Locked Locked
Used vehicles are bought and sold through an AI platform.
Locked Locked Locked
Used cars are listed and analyzed on an online platform.
Locked Locked Locked
Automotive vehicle listings are managed via an app-based platform.
Locked Locked Locked
Provider of new & used cars and trucks dealership services
Locked Locked Locked
Online new and used cars listing platform
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Detailed competitors of Hi-Tech Industries

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  • Domains and locations
  • Full company profiles
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Latest news on Hi-Tech Industries

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Complete news archive for Hi-Tech Industries

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Frequently Asked Questions about Hi-Tech Industries

Hi-Tech Industries was founded in 1940.

Hi-Tech Industries is headquartered in Farmington, United States.

Hi-Tech Industries was established in 1940 and is headquartered in Farmington, United States. Automotive services, including car care and detailing, are delivered by the company within the vehicle maintenance sector. Operations focus on cleaning, polishing, and protective treatments for vehicles, with activities centered in the local region. The domain htiusa.com supports online presence for these offerings, catering to individual and commercial clients in the area.

Hi-Tech Industries's top competitors include CarLotz, CarGurus and Droom.

Hi-Tech Industries offers hibuff, captainschoice, dexatron, and MagnaShine.

Hi-Tech Industries has made 1 acquisition, including RBL Products.

Hi-Tech Industries has 2 investors. Key investors include NITEO, and MPE Partners.

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