About PTSolutions
PTSolutions is a company based in Novi (United States) founded in 1951 was acquired by Berkshire Hathaway in February 2018. The company has 451 employees. PTSolutions operates in a competitive market with competitors including Grainger, Milwaukee Tool, Fastenal, Johnstone Supply and Starrett, among others.
- Headquarter Novi, United States
- Employees 451
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website pts-tools.com
- Social LinkedIn Facebook
- Acquired by Berkshire Hathaway (Feb 2018)
- Investors
- Employee Count451
- Acquired byBerkshire Hathaway
(Feb 2018)
Investors in PTSolutions
PTSolutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Berkshire Hathaway.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of multinational conglomerate services | 1889 | berkshirehathaway.com | Omaha, United States |
Investor details for PTSolutions
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People of PTSolutions
1 people are tracked at PTSolutions (1 in leadership); the tracked headcount is 451.
| Name | Role | Group |
|---|---|---|
Mitch Bair | CEO of PTSolutions | Leadership |
Complete people profiles for PTSolutions
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Timeline of PTSolutions
2 dated milestones of PTSolutions across 67 years, from founding to its latest funding, stage changes and deals.
- Founded PTSolutions is founded.
- Exit Acquired by Berkshire Hathaway.
Competitors of PTSolutions
PTSolutions 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 Grainger, Milwaukee Tool, Fastenal, Johnstone Supply and Starrett, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| grainger.com | 1927 | Savannah, United States | – | 605 | Industrial tools and machines are distributed online by Grainger. | |
| milwaukeetool.com | 1924 | Brookfield, United States | – | 14,874 | Industrial tools are distributed online by Milwaukee Tool. | |
| fastenal.com | 1967 | Winona, United States | – | 23,201 | Industrial tools and equipment are distributed online to various sectors. | |
| johnstonesupply.com | 1953 | Portland, United States | – | 137 | E-distribution platform offering products for industries | |
| starrett.com | 1880 | Athol, United States | – | 1,529 | Manufacturer of precision measuring tools and saw blades | |
| cpooutlets.com | 2004 | Pasadena, United States | $2.93M | 90 | New and reconditioned home improvement tools are sold online. | |
| imperialsupplies.com | 1958 | Green Bay, United States | – | – | B2B Supplier of Maintenance Tools and Supplies. |
Detailed competitors of PTSolutions
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Web traffic of PTSolutions
The website of PTSolutions (pts-tools.com) receives about 51.8K visits a month.
- Monthly visits51.8K
▲ 27.7% vs previous month
Websites whose visitors overlap most with PTSolutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
travers.com | travers.com | 100% | – | #307,950 | – |
carbideanddiamondtooling.com | carbideanddiamondtooling.com | 76% | – | #1,067,568 | – |
| aaabrasives.com | 74% | – | #1,133,609 | View details | |
hhip.com | hhip.com | 73% | – | #3,277,554 | – |
freertool.com | freertool.com | 71% | – | #1,948,378 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for PTSolutions
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Latest news on Ptsolutions
Complete news archive for PTSolutions
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- Brand-specific news history
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Similar companies to PTSolutions
10 companies that operate in the same segment as PTSolutions (Manufacturing Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | – | – | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Hexagon is recognized for delivering advanced measurement and automation technologies. | 1980 | Stockholm, Sweden | – | USD 6.52 B | – | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Cloud-based 3D CAD system is accessed via web browsers. | 2012 | Cambridge, Massachusetts, United States | USD 348.69 M | USD 695.52 K | – | |
AI-powered data science platform enables model deployment and analytics insights. | 1985 | Troy, United States | USD 35.05 M | – | – | |
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Manufacturing solutions are provided for industrial and consumer sectors. | 2018 | Bengaluru, Karnataka, India | USD 857.1 M | USD 1.71 B | 1,248 | |
Equipment rental marketplace and digital tools for construction are offered. | 2014 | Columbia, United States | USD 806.48 M | USD 4.38 B | – | |
Modular hardware and software platform for industrial automation is provided. | 2016 | Montreal, Quebec, Canada | USD 263.41 M | – | – |
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Frequently Asked Questions about PTSolutions
PTSolutions was founded in 1951.
PTSolutions is headquartered in Novi, United States. It is registered at Novi, Michigan, United States.
PTSolutions has 451 employees.
Online distributors of industrial tools equipment. It provides a platform to buy products like turning milling tools, hole making threading tools, saws, power hand tools, clamping work holding equipment, fasteners, abrasives finishing, HVAC, health safety equipment, material handling storage equipment, etc.
PTSolutions's top competitors include Fastenal, Grainger and Johnstone Supply.
PTSolutions has 1 investor. Key investors include Berkshire Hathaway.
Yes. PTSolutions was acquired by Berkshire Hathaway in February 2018.