About Propak
Propak is a company based in Fort Smith (United States) founded in 1999 by Steve Clark was acquired by Pallet Logistics of America in June 2022. It operates as a Managed Services, and Professional Services. The company has 320 employees as of December 31, 2020. Propak has completed 1 acquisition, including Plasolutions. Propak offers products and services including Reverse Logistics, Warehousing, Transportation, Packaging, and Technology Solutions.
- Headquarter Fort Smith, United States
- Employees 320 as on 31 Dec, 2020
- Founders Steve Clark
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$70.06 K (USD)30as on Dec 31, 2017
-
Net Profit
$1.99 K (USD)200as on Dec 31, 2017
-
EBITDA
-
Latest Funding Round
-
Investors
Constantia Flexibles
& 1 more
-
Employee Count
320
as on Dec 31, 2020
- Investments & Acquisitions
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Propak
Propak offers a comprehensive portfolio of products and services, including Reverse Logistics, Warehousing, Transportation, Packaging, and Technology Solutions. 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.
Returns and recycling processes are managed for efficiency.
Storage solutions are provided in strategic locations nationwide.
Product movement is planned and managed cost-effectively.
Reusable packaging solutions are offered for sustainability.
Advanced tech platforms are developed for supply chains.
Unlock access to complete
Unlock access to complete
Funding Insights of Propak
| 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 Propak
Propak has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Constantia Flexibles and Pallet Logistics of America. 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 |
|---|---|---|---|---|
|
Packaging for pharmaceutical and food industries is manufactured.
|
Founded Year | Domain | Location | |
|
-
|
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 Propak
Propak has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Plasolutions. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Warehousing, logistics, and transportation services are provided by PLA.
|
1989 |
| 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 - Propak
| 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 |
Propak Comparisons
Competitors of Propak
| 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 Propak
Frequently Asked Questions about Propak
When was Propak founded?
Propak was founded in 1999.
Where is Propak located?
Propak is headquartered in Fort Smith, United States. It is registered at Fort Smith, Arkansas, United States.
Who is the current CEO of Propak?
Steve Clark is the current CEO of Propak. They have also founded this company.
How many employees does Propak have?
As of Dec 31, 2020, the latest employee count at Propak is 320.
What is the annual revenue of Propak?
Annual revenue of Propak is $70.06K as on Dec 31, 2017.
What does Propak do?
Propak is established as a key player in logistics, transportation, and supply chain management. Services are offered across various sectors including retail, automotive, and manufacturing. Solutions such as reverse logistics, warehousing, transportation, packaging, and technology are provided to enhance operational efficiency. A network of over 50 locations across North America is maintained to support flexible and customized offerings. Collaboration with clients is prioritized to address dynamic business needs through innovative and technology-driven approaches.
What products or services does Propak offer?
Propak offers Reverse Logistics, Warehousing, Transportation, Packaging, and Technology Solutions.
How many acquisitions has Propak made?
Propak has made 1 acquisition, including Plasolutions.
Who are Propak's investors?
Propak has 2 investors. Key investors include Constantia Flexibles, and Pallet Logistics of America.