About Hughes Group Holdings
Hughes Group Holdings is a company based in Gateshead (United Kingdom) founded in 2018 was acquired by Vertu Motors in July 2018.. Hughes Group Holdings operates in a competitive market with competitors including W R Davies, Robinsons Caravans, Shelbourne Motors, Bristol Street Motors and Richmond Motor Group, among others.
- Headquarter Gateshead, United Kingdom
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Vertu Motors
(Jul 02, 2018)
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Funding Insights of Hughes Group Holdings
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hughes Group Holdings
Hughes Group Holdings has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Vertu Motors. 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.
| Investor | Description | Founded Year | Domain | Location |
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Provider of new and used cars, vans, and motorcycles
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hughes Group Holdings
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hughes Group Holdings
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hughes Group Holdings Comparisons
Competitors of Hughes Group Holdings
Hughes Group Holdings 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 W R Davies, Robinsons Caravans, Shelbourne Motors, Bristol Street Motors and Richmond Motor Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Dealership of new & used cars
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| domain | founded_year | HQ Location |
Dealer of new and used caravans
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| domain | founded_year | HQ Location |
Sells new and used cars, vans, provides servicing and financing in Northern Ireland.
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| domain | founded_year | HQ Location |
Online platform for new or used cars for sale
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| domain | founded_year | HQ Location |
Dealer of new & used cars
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| domain | founded_year | HQ Location |
Motor dealer group for selling and services new and used cars
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Hughes Group Holdings
When was Hughes Group Holdings founded?
Hughes Group Holdings was founded in 2018.
Where is Hughes Group Holdings located?
Hughes Group Holdings is headquartered in Gateshead, United Kingdom. It is registered at Gateshead, England, United Kingdom.
What does Hughes Group Holdings do?
Hughes Group Holdings, founded in 2018 in Gateshead, United Kingdom, focuses on auto, auto retail aftersales, dealership, cars, and new used. Provider of selling new old cars and spare parts services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Hughes Group Holdings?
Hughes Group Holdings's top competitors include W R Davies, Bristol Street Motors and Pentagon Motor Holdings.
Who are Hughes Group Holdings's investors?
Hughes Group Holdings has 1 investor. Key investors include Vertu Motors.