About Penn Power Group
Penn Power Group was founded in 1983 in Philadelphia, United States, within the commercial vehicle sector. Fleet maintenance, repair, and parts for trucks and trailers are handled through shop services, management programs, mobile operations, and roadside assistance. Original equipment manufacturer and aftermarket components are distributed. Focus is placed on downtime reduction and cost management via established expertise.
- Headquarter Philadelphia, United States
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Email
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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
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Investors
Ares Capital Corporation
& 2 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Penn Power Group
| 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 Penn Power Group
Penn Power Group has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Ares Capital Corporation, Juggernaut Capital Partners and My Pet Air Plant. 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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Private equity investments are made in consumer and healthcare sectors.
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Founded Year | Domain | Location | |
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Live pet air plants are offered for adoption to children.
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Founded Year | Domain | Location | |
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Private equity and debt investments are managed for businesses.
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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 Penn Power Group
| 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 - Penn Power Group
| 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 |
Penn Power Group Comparisons
Competitors of Penn Power Group
| 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 Penn Power Group
When was Penn Power Group founded?
Penn Power Group was founded in 1983.
Where is Penn Power Group located?
Penn Power Group is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
What does Penn Power Group do?
Penn Power Group was founded in 1983 in Philadelphia, United States, within the commercial vehicle sector. Fleet maintenance, repair, and parts for trucks and trailers are handled through shop services, management programs, mobile operations, and roadside assistance. Original equipment manufacturer and aftermarket components are distributed. Focus is placed on downtime reduction and cost management via established expertise.
Who are Penn Power Group's investors?
Penn Power Group has 3 investors. Key investors include Ares Capital Corporation, Juggernaut Capital Partners, and My Pet Air Plant.
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