Ken Garff Automotive Group

Salt Lake City, United States Founded: 1932 • Age: 94 yrs
New and pre-owned vehicles are sold via multi-franchise dealerships.

About Ken Garff Automotive Group

Ken Garff Automotive Group is a company based in Salt Lake City (United States) founded in 1932.. Ken Garff Automotive Group has raised $50 million across 1 funding round. Ken Garff Automotive Group has completed 1 acquisition, including Ken Garff West Valley Ford. Ken Garff Automotive Group operates in a competitive market with competitors including Tucker, TracksNTeeth, Toxaway Automotive Group, Liftnow and Purple Detailing, among others.

  • Headquarter Salt Lake City, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $50 M (USD)

    in 1 rounds

  • Latest Funding Round
    $50 M (USD), Series C

    Aug 17, 2018

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of Ken Garff Automotive Group
Headcount 1000-5000
Employee Profiles 47
Employee Profiles
People
Wayne Petersen
General Manager
People
Terry Leeper
IT Specialist
People
Steven Dougherty
Director - Business Operations
People
Eddie Cawley
Vice President Fleet Services | General Manager Blackridge Enterprises

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Funding Insights of Ken Garff Automotive Group

Ken Garff Automotive Group has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series C round of $50 million completed in August 2018. 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
  • Total Rounds 1
  • Last Round Series C — $50.0M
  • First Round

    (17 Aug 2018)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2018 Amount Series C - Ken Garff Automotive Group Valuation

investors

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

Investments & Acquisitions by Ken Garff Automotive Group

Ken Garff Automotive Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ken Garff West Valley Ford. 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
Provider of new & used cars parts and repair services
2018
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 - Ken Garff Automotive Group

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

Ken Garff Automotive Group Comparisons

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Competitors of Ken Garff Automotive Group

Ken Garff Automotive Group 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 Tucker, TracksNTeeth, Toxaway Automotive Group, Liftnow and Purple Detailing, 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
Company offers distributor of market-leading powersports
domain founded_year HQ Location
Industrial supply materials are e-distributed by TracksNTeeth.
domain founded_year HQ Location
Franchises for automobile parts and accessories sales are offered.
domain founded_year HQ Location
Provides vehicle lifts, air compressors, and tools for automotive repair shops.
domain founded_year HQ Location
Offers full, interior, exterior, and ceramic car detailing services safely.
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.

Latest news on Ken Garff Automotive Group

Frequently Asked Questions about Ken Garff Automotive Group

When was Ken Garff Automotive Group founded?

Ken Garff Automotive Group was founded in 1932 and raised its 1st funding round 86 years after it was founded.

Where is Ken Garff Automotive Group located?

Ken Garff Automotive Group is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.

Who is the current CEO of Ken Garff Automotive Group?

Brett Hopkins is the current CEO of Ken Garff Automotive Group.

Is Ken Garff Automotive Group a funded company?

Ken Garff Automotive Group is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Series C of $50M, raised on Aug 17, 2018.

What does Ken Garff Automotive Group do?

Founded in 1932 and headquartered in Salt Lake City, United States, Ken Garff Automotive Group operates as a multi-franchise auto dealership in the automotive sector. New and pre-owned cars from brands such as Chevrolet, Chrysler, Ford, Honda, Jaguar, Nissan, Maserati, and Hyundai are handled. Full-service dealerships are maintained across six states: Utah, California, Iowa, Michigan, Nevada, and Texas.

Who are the top competitors of Ken Garff Automotive Group?

Ken Garff Automotive Group's top competitors include TracksNTeeth, Tucker and Toxaway Automotive Group.

How many acquisitions has Ken Garff Automotive Group made?

Ken Garff Automotive Group has made 1 acquisition, including Ken Garff West Valley Ford.

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