About REIC
REIC is a company based in Kalispell (United States) founded in 2014 by Kevin Fitzgerald was acquired by Kinderhook Industries in January 2022.. REIC has raised $2.89 million across 2 funding rounds from investors including NewSpring Capital and Kinderhook Industries. REIC has completed 10 acquisitions, including Aim High Equipment, All Rents Tool and Equipment and Black Mountain Rental.
- Headquarter Kalispell, United States
- Founders Kevin Fitzgerald
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.89 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
NewSpring Capital
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Aim High Equipment
& 9 more
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Acquired by
Kinderhook Industries
(Jan 11, 2022)
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Funding Insights of REIC
REIC has successfully raised a total of $2.89M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(09 Feb 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Seed - REIC | Valuation |
investors |
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| Feb, 2015 | Amount | Seed - REIC | Valuation |
investors |
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| 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 REIC
REIC has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include NewSpring Capital and Kinderhook Industries. 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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Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
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Founded Year | Domain | Location | |
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Kinderhook Industries is engaged in private equity investments.
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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 REIC
REIC has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Aim High Equipment, All Rents Tool and Equipment and Black Mountain Rental. 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 |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of rentals services for your temporary cooling, heating and power generation
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2020 | ||||
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Rental towers, heaters, compressors, pumps, and filtration systems are supplied.
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2017 | ||||
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Specialty rental services are provided to oil and gas sectors.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - REIC
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Reic Comparisons
Competitors of REIC
| 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 REIC
When was REIC founded?
REIC was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is REIC located?
REIC is headquartered in Kalispell, United States. It is registered at Kalispell, Montana, United States.
Who is the current CEO of REIC?
Kevin Fitzgerald is the current CEO of REIC. They have also founded this company.
Is REIC a funded company?
REIC is a funded company, having raised a total of $2.89M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.89M, raised on Feb 09, 2015.
What does REIC do?
Holding company focused on rental equipment companies.
How many acquisitions has REIC made?
REIC has made 10 acquisitions, including Aim High Equipment, All Rents Tool and Equipment, and Black Mountain Rental.
Who are REIC's investors?
REIC has 2 investors. Key investors include NewSpring Capital, and Kinderhook Industries.
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