About Pickles
Pickles is a company based in Sydney (Australia) founded in 1964 was acquired by Apax in July 2022. It operates as a Two-Sided Marketplace, and Commission-Based. Pickles has completed 1 acquisition, including Jeal. Pickles offers products and services including Online Auctions for Cars, Industrial Equipment Auctions, and Salvage Item Auctions. Pickles operates in a competitive market with competitors including Carsales, LatAm Autos, AfricarGroup, Carsguide and CarSwap, among others.
- Headquarter Sydney, Australia
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Sectors
Transportation, Automotive & Logistics
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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 Pickles Auctions Pty Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Apax
(Jul 25, 2022)
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Products & Services of Pickles
Pickles offers a comprehensive portfolio of products and services, including Online Auctions for Cars, Industrial Equipment Auctions, and Salvage Item Auctions. 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.
Online auctions for various cars are facilitated by Pickles.
Industrial equipment auctions are managed through online platforms.
Salvage items are auctioned online by the company.
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Funding Insights of Pickles
| 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 Pickles
Pickles has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Apax 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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Equity investments are focused on tech, services, and consumer sectors.
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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 Pickles
Pickles has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Jeal. 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.
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OVO is recognized as a smart digital payment application.
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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 - Pickles
| 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 |
Pickles Comparisons
Competitors of Pickles
Pickles 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 Carsales, LatAm Autos, AfricarGroup, Carsguide and CarSwap, 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 |
Online listing platform for used cars
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Multiple automotive classified portals are operated across Latin America.
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Car classifieds network for vehicle trading in Africa is operated.
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| domain | founded_year | HQ Location |
Listing platform for buying and selling used cars
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| domain | founded_year | HQ Location |
CarSwap offers an online service for searching, listing, buying, selling, and trading cars.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Pickles
Frequently Asked Questions about Pickles
When was Pickles founded?
Pickles was founded in 1964.
Where is Pickles located?
Pickles is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
What does Pickles do?
Pickles is established as Australias prominent marketplace for online auctions, specializing in a wide range of products including cars, industrial equipment, salvage items, and general goods. Various sectors such as automotive, industrial, mining, and agriculture are served through their platform. Solutions for both buyers and sellers are provided, including live and online auction formats, asset valuation, and disposal services. Partnerships with government entities, corporations, and financial institutions are maintained to facilitate the auction process across multiple locations in Australia.
Who are the top competitors of Pickles?
Pickles's top competitors include Carsales, AfricarGroup and LatAm Autos.
What products or services does Pickles offer?
Pickles offers Online Auctions for Cars, Industrial Equipment Auctions, and Salvage Item Auctions.
How many acquisitions has Pickles made?
Pickles has made 1 acquisition, including Jeal.
Who are Pickles's investors?
Pickles has 1 investor. Key investors include Apax Partners.
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