About Richards Industrials
Richards Industrials is a company based in Cincinnati (United States) founded in 1955 was acquired by OPW in June 1999.. The company has 140 employees as of December 31, 2019. Richards Industrials has completed 1 acquisition, including Equilibar. Richards Industrials offers products and services including Pressure Regulators, Control Valves, Ball Valves, Instrument Hand Valves, and Steam Traps. Richards Industrials operates in a competitive market with competitors including IMI, Belimo, MOGAS, Oxford Flow and Mauria, among others.
- Headquarter Cincinnati, United States
- Employees 140 as on 31 Dec, 2019
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Sectors
Industrial Goods & Manufacturing
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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 Richards Industrials, Inc.
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Products & Services of Richards Industrials
Richards Industrials offers a comprehensive portfolio of products and services, including Pressure Regulators, Control Valves, Ball Valves, Instrument Hand Valves, and Steam Traps. 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.
Regulates pressure in industrial applications for safety and efficiency.
Controls flow in chemical and petrochemical processes effectively.
Provides shut-off solutions for fluid systems in various industries.
Manages fluid control in measurement and processing equipment.
Removes condensate from steam systems to maintain efficiency.
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Funding Insights of Richards Industrials
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Richards Industrials
Richards Industrials has secured backing from 1 investor. Prominent investors backing the company include OPW. 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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OPW is engaged in manufacturing fluid-handling equipment and solutions.
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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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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 Richards Industrials
Richards Industrials has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Equilibar. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Fluid control products, pressure regulators, and valves are manufactured.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Richards Industrials
| 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 |
Richards Industrials Comparisons
Competitors of Richards Industrials
Richards Industrials 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 IMI, Belimo, MOGAS, Oxford Flow and Mauria, 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 |
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| domain | founded_year | HQ Location |
IMI plc is recognized as a global leader in fluid and motion control solutions.
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Control systems for heating, ventilation, and air conditioning are provided.
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Designs and manufactures industrial actuators and valves
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Industrial pressure regulators are manufactured for various applications.
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Valves, LPG cylinders, and regulators are manufactured by Mauria.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Richards Industrials
Frequently Asked Questions about Richards Industrials
When was Richards Industrials founded?
Richards Industrials was founded in 1955.
Where is Richards Industrials located?
Richards Industrials is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Who is the current CEO of Richards Industrials?
Jordan Bast is the current CEO of Richards Industrials.
How many employees does Richards Industrials have?
As of Dec 31, 2019, the latest employee count at Richards Industrials is 140.
What does Richards Industrials do?
Richards Industrials was established in 1955 in Cincinnati, United States. The company operates within the manufacturing sector, where regulators and valves are produced for industrial applications. Focus is placed on the design and fabrication of these components, supporting operations in various sectors. Leadership is provided by CEO Jordan Bast, with activities centered in the domestic market.
Who are the top competitors of Richards Industrials?
What products or services does Richards Industrials offer?
Richards Industrials offers Pressure Regulators, Control Valves, Ball Valves, Instrument Hand Valves, and Steam Traps.
How many acquisitions has Richards Industrials made?
Richards Industrials has made 1 acquisition, including Equilibar.
Who are Richards Industrials's investors?
Richards Industrials has 1 investor. Key investors include OPW.