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
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website htiusa.com
- Acquired by MPE Partners (May 2022)
- Legal Name Hi-Tech Industries, Inc.
- InvestorsNITEO
& 1 more
- Investments & Acquisitions
- Acquired by
Products & Services of Hi-Tech Industries
Hi-Tech Industries offers a comprehensive portfolio of products and services, including hibuff, captainschoice, dexatron, and MagnaShine.
Product for automotive cleaning and polishing applications
Equipment for vehicle maintenance and care services
Tools for efficient auto detailing processes
Supplies for enhancing automotive shine and protection
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are focused on lower middle market companies. | – | mpepartners.com | Cleveland, United States | |
Automotive, marine, and recreational vehicle maintenance products are provided. | 2015 | niteoproducts.com | Dallas, United States |
Investor details for Hi-Tech Industries
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of automotive collision repair and detailing products, including paint masking systems and self-adhering abrasives | rblproducts.com | Detroit, United States | 1985 | Nov 2023 | •••• |
Complete acquisition details for Hi-Tech Industries
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Hi-Tech Industries
4 dated milestones of Hi-Tech Industries across 83 years, from founding to its latest funding, stage changes and deals.
- Founded Hi-Tech Industries is founded.
- Exit Acquired by NITEO.
- Exit Acquired by MPE Partners.
- Acquisition Acquires RBL Products.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| copart.com | 1982 | Dallas, United States | – | 10,200 | Used and salvaged vehicles are offered via an online marketplace. | |
| droom.in | 2014 | Gurugram, India | $344.27M | 156 | Used vehicles are bought and sold through an AI platform. | |
| cars.com | 1998 | Chicago, United States | – | 1,784 | Used cars are listed and analyzed on an online platform. | |
| cargurus.com | 2006 | Cambridge, United States | $1.75M | 843 | Automotive vehicle listings are managed via an app-based platform. | |
| group1auto.com | 1997 | Houston, United States | – | 16,011 | Provider of new & used cars and trucks dealership services | |
| truecar.com | 2005 | Santa Monica, United States | $270.2M | 324 | Online new and used cars listing platform | |
| autonation.com | 1991 | Fort Lauderdale, United States | – | 22,443 | New and used vehicles are offered online by AutoNation. | |
| carsales.com.au | 1998 | Melbourne, Australia | – | – | Online listing platform for used cars | |
| carlotz.com | 2011 | Charlotte, United States | $37.03M | 403 | Used cars are traded via an online consignment platform. | |
| carsdirect.com | 1998 | El Segundo, United States | $280M | 3,469 | Online dealer of used & new cars |
Detailed competitors of Hi-Tech Industries
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Hi-Tech Industries
The website of Hi-Tech Industries (htiusa.com) receives about 2.6K visits a month.
- Monthly visits2.6K
▼ 39.8% vs previous month
Similar companies to Hi-Tech Industries
10 companies that operate in the same segment as Hi-Tech Industries (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 716.48 M | USD 446.48 M | 3,992 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.98 B | – | 2,500 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,000 | |
Retailer of new automobiles, used vehicles, and related automotive news | 2008 | Jaipur, Rajasthan, India | USD 60 M | USD 289.58 M | 721 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 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.
Hi-Tech Industries operates through Hi-Tech Industries, Inc..
Yes. Hi-Tech Industries was acquired by MPE Partners in May 2022.