IRCO

Davidson, United States Founded: 1872 • Age: 154 yrs
Global market leader in air compressors, power tools, lifting, and fluid management solutions
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About IRCO

IRCO is a company based in Davidson (United States) founded in 1872.. The company has 21,000 employees as of December 31, 2024. IRCO has completed 19 acquisitions, including APSCO, Adicomp and Airmax Groupe. IRCO operates in a competitive market with competitors including Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Emerson, among others.

  • Headquarter Davidson, United States
  • Employees 21000 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ingersoll Rand Inc.
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
    $7.24 B
    5.22
    as on Dec 31, 2024
  • Net Profit
    $838.6 M
    7.69
    as on Dec 31, 2024
  • EBITDA
    $1.92 B
    12.36
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    21000

    as on Dec 31, 2024

  • Investments & Acquisitions
    APSCO

    & 18 more

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IPO & Listings of IRCO

IRCO is a publicly listed company on the NYSE with ticker symbol IR in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: IR . Sector: Producer manufacturing · USA
People of IRCO
Headcount 10000+
Employee Profiles 455
Board Members and Advisors 8
Employee Profiles
People
Nicole Doyle
Inside Sales Excellence Lead
People
Jason Roberge
Principal Architect - Controls And Edge Iot
People
Vikram Kini
SVP & CFO
People
Ping Chen
VP Of Finance, Life Science Technology

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Funding Insights of IRCO

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2012 Amount Unspecified - IRCO Valuation Trian Partners
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 IRCO

IRCO has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Trian Partners. 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
Investment management and private equity are focused on multiple sectors.
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 IRCO

IRCO has strategically engaged in corporate development activities, having acquired 19 companies. Notable acquisitions include APSCO, Adicomp and Airmax Groupe. 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
Offers advanced automation systems for laboratories to streamline operations and improve efficiency.
2013
Machined plastics systems are manufactured for industrial applications.
2011
Provider of compressed air plant optimization services
2003
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 - IRCO

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

Irco Comparisons

Employees
+
Add Comparison
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Competitors of IRCO

IRCO 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 Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Emerson, 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
domain founded_year HQ Location
Diversified electronics and automation equipment are manufactured and supplied.
domain founded_year HQ Location
Manufacturer of Industrial and Consumer Electric Equipment
domain founded_year HQ Location
Energy management and automation solutions are provided globally.
domain founded_year HQ Location
Manufacturer of energy efficiency products
domain founded_year HQ Location
Automation and engineering services are provided for multiple industries.
domain founded_year HQ Location
Industrial automation and information systems are provided to global industries.
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.

Frequently Asked Questions about IRCO

When was IRCO founded?

IRCO was founded in 1872 and raised its 1st funding round 140 years after it was founded.

Where is IRCO located?

IRCO is headquartered in Davidson, United States. It is registered at Davidson, North Carolina, United States.

Who is the current CEO of IRCO?

Vicente Reynal is the current CEO of IRCO.

How many employees does IRCO have?

As of Dec 31, 2024, the latest employee count at IRCO is 21,000.

What is the annual revenue of IRCO?

Annual revenue of IRCO is $7.24B as on Dec 31, 2024.

What does IRCO do?

Ingersoll Rand was established in 1872 and is headquartered in Davidson, United States. Operations are conducted worldwide in the industrial sector, with products including air compressors, power tools, lifting equipment, and fluid management systems supplied to diverse industries. Services encompass maintenance and customization to address specific operational requirements. Emphasis is placed on technological advancements and sustainable practices across international markets.

Who are the top competitors of IRCO?

IRCO's top competitors include Honeywell, CG Power & Industrial Solutions and Schneider Electric.

Is IRCO publicly traded?

Yes, IRCO is publicly traded on NYSE under the ticker symbol IR.

How many acquisitions has IRCO made?

IRCO has made 19 acquisitions, including APSCO, Adicomp, and Airmax Groupe.

Who are IRCO's investors?

IRCO has 1 investor. Key investors include Trian Partners.

What is IRCO's ticker symbol?

The ticker symbol of IRCO is IR on NYSE.

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