About Prestone
Prestone is a company based in Chicago (United States) founded in 1927 was acquired by KIKCorp in February 2016.. Prestone offers products and services including Antifreeze+Coolant, Brake Fluid, Power Steering Fluid, and Washer Fluid. Prestone operates in a competitive market with competitors including Valvoline, AutoZone, LKQ, Keystone Automotive Operations and O'Reilly Auto Parts, among others.
- Headquarter Chicago, United States
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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 Prestone Products Corporation
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Products & Services of Prestone
Prestone offers a comprehensive portfolio of products and services, including Antifreeze+Coolant, Brake Fluid, Power Steering Fluid, and Washer Fluid. 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.
Protects engines from corrosion and overheating for optimal performance.
Ensures reliable braking by preventing fluid degradation and leaks.
Maintains smooth steering operation and reduces wear in vehicles.
Clears windshields of ice, bugs, and dirt for better visibility.
Funding Insights of Prestone
| 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 Prestone
Prestone has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include KIKCorp and Vestar Capital 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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A leading private equity firm focused on value creation.
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Founded Year | Domain | Location | |
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Consumer packaged goods are manufactured by KIKCorp for global markets.
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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 Prestone
| 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 - Prestone
| 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 |
Prestone Comparisons
Competitors of Prestone
Prestone 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 Valvoline, AutoZone, LKQ, Keystone Automotive Operations and O'Reilly Auto Parts, 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 |
Lubricants and automotive services are marketed and supplied.
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Automotive replacement parts and accessories are retailed by AutoZone.
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Distributes recycled auto parts and services through wholesale and retail.
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| domain | founded_year | HQ Location |
Wholesale distribution and retail of automotive aftermarket accessories are conducted.
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| domain | founded_year | HQ Location |
Automotive parts, tools, cooling equipment, and accessories are retailed.
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| domain | founded_year | HQ Location |
Automotive and industrial replacement parts are distributed with value-added solutions.
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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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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 Prestone
Frequently Asked Questions about Prestone
When was Prestone founded?
Prestone was founded in 1927.
Where is Prestone located?
Prestone is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
What does Prestone do?
Prestone was founded in 1927 in Chicago, United States, within the automotive chemicals sector. Antifreeze, coolants, and related products for vehicle maintenance are produced and distributed globally. Operations center on formulation, manufacturing, and marketing of these essential fluids to support engine performance and protection. The companys online presence is maintained through prestone.com, serving automotive needs across various markets.
Who are the top competitors of Prestone?
Prestone's top competitors include AutoZone, Valvoline and Genuine Parts Company.
What products or services does Prestone offer?
Prestone offers Antifreeze+Coolant, Brake Fluid, Power Steering Fluid, and Washer Fluid.
Who are Prestone's investors?
Prestone has 2 investors. Key investors include KIKCorp, and Vestar Capital Partners.