About Protea Hotels
Manufacturer of physical vapor deposition (PVD) coating equipment and systems. It designs and manufactures batch and inline PVD coating systems for various applications, including automotive, aerospace, and medical products. The company offers a variety of coating solutions, such as low-friction, wear-resistance, and decorative coatings. It also provides services including customer support, joint development, and system upgrades. Its technologies encompass advanced controlled arc magnetron sputtering, HIPIMS, and microwave technology. The equipment is designed for high productivity and low maintenance.
- Headquarter Cape Town, South Africa
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Acquired by
Marriott International
(Apr 01, 2014)
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Funding Insights of Protea Hotels
| 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 Protea Hotels
Protea Hotels has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Marriott Bonvoy. 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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Global hotel accommodations and vacation rentals are provided by Marriott Bonvoy.
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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 Protea Hotels
| 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 - Protea Hotels
| 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 |
Protea Hotels Comparisons
Competitors of Protea Hotels
| 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 Protea Hotels
When was Protea Hotels founded?
Protea Hotels was founded in 1984.
Where is Protea Hotels located?
Protea Hotels is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
What does Protea Hotels do?
Manufacturer of physical vapor deposition (PVD) coating equipment and systems. It designs and manufactures batch and inline PVD coating systems for various applications, including automotive, aerospace, and medical products. The company offers a variety of coating solutions, such as low-friction, wear-resistance, and decorative coatings. It also provides services including customer support, joint development, and system upgrades. Its technologies encompass advanced controlled arc magnetron sputtering, HIPIMS, and microwave technology. The equipment is designed for high productivity and low maintenance.
Who are Protea Hotels's investors?
Protea Hotels has 1 investor. Key investors include Marriott Bonvoy.
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