About Hoover Solutions
Hoover Solutions is an Energy & Utilities company based in United Kingdom founded in 1911. It provides solutions for the transportation and storage of chemicals. Hoover Solutions has raised $9.2 million across 4 funding rounds from investors including First Reserve, RCOI and Riverstone Holdings. Hoover Solutions has completed 2 acquisitions, including Dolphin Energy and Tech Oil Products. Hoover Solutions offers products and services including Intermediate Bulk Containers, ISO Tanks, Tank Cleaning Services, and Fleet Management. Its focus areas include Energy, Oil & Gas Midstream and Horizontal.
Company details
Hoover Solutions, backed by 169202880.0 from Riverstone Holdings, RCOI, First Reserve, focuses on working in the energy sector, oil gas midstream, and horizontal. Provides solutions for the transportation and storage of chemicals. Driving innovation, growth, and excellence in its industry sectors.
- Headquarters Scotland
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website hooversolutions.com
- Social LinkedIn X Facebook YouTube
- Total Equity Funding$9.2M (USD)
in 4 rounds
- Latest Funding Round$160M (USD), Debt – Conventional
Dec 2022
- InvestorsFirst Reserve
& 2 more
- Investments & AcquisitionsDolphin Energy
& 1 more
Products & Services of Hoover Solutions
Hoover Solutions offers a comprehensive portfolio of products and services, including Intermediate Bulk Containers, ISO Tanks, Tank Cleaning Services, and Fleet Management.
Reusable containers for safe storage and transport of industrial materials.
Specialized tanks for chemical and fuel transportation services.
Professional cleaning and recertification for industrial containers.
Tools for optimizing container fleets in various industries.
Apps and channels of Hoover Solutions
its YouTube channel Hoover CS has 3 subscribers and 2 videos.
Videos from Hoover Solutions
The most watched videos on Hoover Solutions's YouTube channel, Hoover CS (3 subscribers). Click a video to play it here.
More on Hoover CS.
Funding Insights of Hoover Solutions
Hoover Solutions has successfully raised a total of $9.2M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $160 million completed in December 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.
- Total Funding $9.2M
- Total Rounds 4
- Last Round Debt – Conventional — $160M
- Investors Count 3
All 4 funding rounds of Hoover Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2022 | $160M | Debt – Conventional | – | – | |
| Sep 2022 | $9.2M | Series A | – | RCOI | – |
| Jan 2015 | Private Equity Round | – | First Reserve | – | |
| Dec 2014 | Series A | – | – |
3 investors in total: 3 institutional.
Investors in Hoover Solutions
Hoover Solutions has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include First Reserve, RCOI and Riverstone Holdings.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Energy sector investments are managed via private equity. | 1983 | firstreserve.com | Stamford, United States | |
Asset management firm investing in energy, power, and infrastructure globally. | 2000 | riverstonellc.com | New York, United States | |
Green energy infrastructure investments are managed by RCOI fund. | 2019 | riverstonecoi.com | London, United Kingdom |
Investor details for Hoover Solutions
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
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People of Hoover Solutions
43 people are tracked at Hoover Solutions (16 in leadership, 27 in team).
| Name | Role | Group |
|---|---|---|
Kevin Friar | CEO | Leadership |
Jaime Rabell | Senior Sales Director | Leadership |
Preston Davis | CFO | Leadership |
Arash Hassanian | President | Leadership |
Eric Braams | General Manager Eastern Hemisphere | Leadership |
John Wasmuth | Vice President Tax & Treasury | Leadership |
Mason Bierman | Director Of Operational Excellence | Leadership |
Lana Belmokadem | Vice President, Marketing | Leadership |
Arnold Ramirez | Director Of Operations | Leadership |
Oz Alcocer | Vice President Operations | Leadership |
Chris Winkler | Sr. Vice President Of Sales & Operations | Leadership |
Chad Doggett | Vice President Of Sales | Leadership |
Jeroen van Gent | Director Of Sales - Refining, Europe | Leadership |
Steven Knudsen | VP, Strategy & Corporate Development | Leadership |
Nicholas Harp | IT Director | Leadership |
Rafael Pestana | General Manager, Bahrain | Leadership |
Dave Haxton | Key Account Manager | Team |
Matt Schmidt | CHRO | Team |
Carlos Alberto Gonzalez Villegas | New Business Development Manager | Team |
Serhat Yildizli | Area Sales Manager | Team |
23 more people are available in the full profile.
Complete people profiles for Hoover Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Hoover Solutions
Hoover Solutions has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dolphin Energy and Tech Oil Products.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Operator of port | enviro-pak.net | New Iberia, United States | 1980 | Sep 2015 | •••• | |
Oil and gas energy services are provided in the UAE. | dolphinenergy.com | Abu Dhabi, United Arab Emirates | 1999 | Oct 2013 | •••• |
Complete acquisition details for Hoover Solutions
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Hoover Solutions
5 dated milestones of Hoover Solutions across 111 years, from founding to its latest funding, stage changes and deals.
- Founded Hoover Solutions is founded.
- Acquisition Acquires Dolphin Energy.
- Funding First funding round.
- Acquisition Acquires Tech Oil Products.
- Funding Latest funding round, Debt – Conventional, of $160.0M.
Web traffic of Hoover Solutions
The website of Hoover Solutions (hooversolutions.com) receives about 3.6K visits a month.
- Monthly visits3.6K
▲ 0.9% vs previous month
Websites whose visitors overlap most with Hoover Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
shippingcontainers24.com | shippingcontainers24.com | 100% | – | ||
| prattinc.com | 98% | #4,763,867 | View details | ||
| tankspan.com | 98% | View details | |||
| hoovers.com | 85% | 2.7K | #7,400,191 | View details | |
| chep.com | 84% | 305.4K | #132,961 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Hoover Solutions
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- 10 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Hoover Solutions
Complete news archive for Hoover Solutions
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Frequently Asked Questions about Hoover Solutions
Hoover Solutions was founded in 1911 and raised its 1st funding round 103 years after it was founded.
Hoover Solutions is headquartered in United Kingdom. It is registered at Scotland, United Kingdom.
Hoover Solutions is a funded company, having raised a total of $9.2M across 4 funding rounds to date.
Hoover Solutions, backed by 169202880.0 from Riverstone Holdings, RCOI, First Reserve, focuses on working in the energy sector, oil gas midstream, and horizontal. Provides solutions for the transportation and storage of chemicals. Driving innovation, growth, and excellence in its industry sectors.
Hoover Solutions offers Intermediate Bulk Containers, ISO Tanks, Tank Cleaning Services, and Fleet Management.
Hoover Solutions has made 2 acquisitions, including Dolphin Energy, and Tech Oil Products.
Hoover Solutions has 3 investors. Key investors include First Reserve, RCOI, and Riverstone Holdings.