About ITS Kanal Services
ITS Kanal Services is a company based in Kriens (Switzerland) founded in 2021 was acquired by KLAR Partners in April 2021.. ITS Kanal Services has completed 1 acquisition, including RESTCLEAN. ITS Kanal Services offers products and services including Kanalreinigung, Kanalinspektion, Kanalsanierung, and Flächenreinigung. ITS Kanal Services operates in a competitive market with competitors including ISS FS Integrated Solutions, SUEZ, Energy Recovery, Synagro and Seche Environnement, among others.
- Headquarter Kriens, Switzerland
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Sectors
Environment
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Email
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Phone
*********
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Website
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Social
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- Legal Name Its Kanal Services Ag
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$135.84 M (USD), Debt – Conventional
Nov 01, 2023
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Investors
UBS
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
KLAR Partners
(Apr 12, 2021)
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Products & Services of ITS Kanal Services
ITS Kanal Services offers a comprehensive portfolio of products and services, including Kanalreinigung, Kanalinspektion, Kanalsanierung, and Flächenreinigung. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for removing blockages and cleaning canals
Uses cameras to assess canal conditions and identify issues
Repairs and extends life of canal systems through lining methods
Cleans and maintains outdoor areas like garages and sports fields
Funding Insights of ITS Kanal Services
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $135.8M
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First Round
First Round
(01 Nov 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2023 | Amount | Debt – Conventional - ITS Kanal Services | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 ITS Kanal Services
ITS Kanal Services has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include UBS and KLAR 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.
| Investor | Description | Founded Year | Domain | Location |
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KLAR Partners is focused on mid-market private equity investments.
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Founded Year | Domain | Location | |
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Financial services are provided globally by UBS for wealth management.
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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 ITS Kanal Services
ITS Kanal Services has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include RESTCLEAN. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Commercial cleaning services are provided for businesses in Switzerland.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ITS Kanal Services
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Its Kanal Services Comparisons
Competitors of ITS Kanal Services
ITS Kanal Services 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 ISS FS Integrated Solutions, SUEZ, Energy Recovery, Synagro and Seche Environnement, 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 |
Integrated facility management services are provided to businesses worldwide.
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Provider of solutions for water and waste treatment
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| domain | founded_year | HQ Location |
Energy recovery solutions are provided for industrial energy efficiency.
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| domain | founded_year | HQ Location |
Municipal and industrial wastewater treatment services are provided by Synagro.
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| domain | founded_year | HQ Location |
Industrial waste management and sanitation services are provided globally.
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| domain | founded_year | HQ Location |
Waste management and water treatment services are provided internationally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Its Kanal Services
Frequently Asked Questions about ITS Kanal Services
When was ITS Kanal Services founded?
ITS Kanal Services was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is ITS Kanal Services located?
ITS Kanal Services is headquartered in Kriens, Switzerland. It is registered at Kriens, Lucerne, Switzerland.
Who is the current CEO of ITS Kanal Services?
Urs Aschwanden is the current CEO of ITS Kanal Services.
What does ITS Kanal Services do?
ITS Kanal Services was established in 2021 and is based in Kriens, Switzerland. Operations focus on the water management sector, where services related to kanal infrastructure and maintenance are handled. The company serves regional needs through its domain itskanal.ch. Leadership is provided by CEO Urs Aschwanden, ensuring structured delivery of essential water-related solutions in the local area.
Who are the top competitors of ITS Kanal Services?
ITS Kanal Services's top competitors include ISS FS Integrated Solutions, SUEZ and Synagro.
What products or services does ITS Kanal Services offer?
ITS Kanal Services offers Kanalreinigung, Kanalinspektion, Kanalsanierung, and Flächenreinigung.
How many acquisitions has ITS Kanal Services made?
ITS Kanal Services has made 1 acquisition, including RESTCLEAN.
Who are ITS Kanal Services's investors?
ITS Kanal Services has 2 investors. Key investors include UBS, and KLAR Partners.