Penda

Portage, United States Founded: 1975 • Age: 51 yrs Acquired By TriEnda
Penda is recognized as a leader in custom thermoforming solutions.
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About Penda

Penda is a company based in Portage (United States) founded in 1975 by David Kruger was acquired by TriEnda in December 2016. It operates as a Direct-to-Consumer (D2C), and B2B2C. Penda offers products and services including DuraLiner Accessories, Custom Thermoforming, Water Management, and Waste Management. Penda operates in a competitive market with competitors including Tiger Lights, Convoy Technologies, Smittybilt, Auto Masters and Highway Products, among others.

  • Headquarter Portage, United States
  • Founders David Kruger
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Penda Corporation
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    TriEnda

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    TriEnda

    & 1 more

    (Dec 22, 2016)

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Products & Services of Penda

Penda offers a comprehensive portfolio of products and services, including DuraLiner Accessories, Custom Thermoforming, Water Management, and Waste Management. 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.

Primary

Cargo management solutions are provided for vehicle protection.

Thermoformed solutions are offered for various industry needs.

Systems for erosion control are designed for water flow.

Recyclable dumpster lids are produced for sustainable waste solutions.

People of Penda
Headcount 200-500
Employee Profiles 9
Employee Profiles
People
David Kruger
President
People
Mark Olson
Business Development Representative
People
Janice Hartwig
Senior Information Technology Manager
People
James Petrangelo
Director Of OE Sales

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Funding Insights of Penda

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 Penda

Penda has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TriEnda, Wind Point Partners and Norwest Equity 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
A private equity firm focused on middle market businesses.
Founded Year Domain Location
PE firm investing in the US
Founded Year Domain Location
Manufacturer of thermoformed packaging and material handling solutions
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 Penda

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

Financial Statements - Penda

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

Penda Comparisons

Employees
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Competitors of Penda

Penda 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 Tiger Lights, Convoy Technologies, Smittybilt, Auto Masters and Highway Products, 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
Manufacturer of led lights for agricultural and industrial equipments
domain founded_year HQ Location
Ruggedized cameras, displays, and sensor systems are manufactured and supplied.
domain founded_year HQ Location
Off-road vehicle parts and accessories are supplied globally.
domain founded_year HQ Location
Provider of fleet maintenance and repair services for all types of vehicles
domain founded_year HQ Location
Produces truck accessories, slides, and custom products for vehicles and businesses.
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 Penda

TriEnda buys PE-backed PendaForm
Pehub9 years ago

Frequently Asked Questions about Penda

When was Penda founded?

Penda was founded in 1975.

Where is Penda located?

Penda is headquartered in Portage, United States.

What does Penda do?

Penda is established as a prominent provider of custom thermoforming solutions across multiple industries including automotive, environmental, agricultural, and construction sectors. Advanced thermoforming techniques are utilized to create innovative products such as DuraLiner accessories for vehicle protection, water management systems for erosion control, and waste management solutions with recyclable materials. Services are extended to heavy truck and recreational markets with cost-effective, high-quality products designed to replace heavier materials like metal and fiberglass. Operations are supported by facilities in the United States and Mexico, ensuring a broad service network for diverse customer needs.

Who are the top competitors of Penda?

Penda's top competitors include Smittybilt, Auto Masters and Convoy Technologies.

What products or services does Penda offer?

Penda offers DuraLiner Accessories, Custom Thermoforming, Water Management, and Waste Management.

Who are Penda's investors?

Penda has 3 investors. Key investors include TriEnda, Wind Point Partners, and Norwest Equity Partners.

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