Sherex

Tonawanda, United States Founded: 1978 • Age: 48 yrs Acquired By PennEngineering
Automotive fasteners are manufactured by Sherex in the United States.
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About Sherex

Sherex is a company based in Tonawanda (United States) founded in 1978 was acquired by PennEngineering in January 2024.. The company has 3 employees as of December 31, 2020.

  • Headquarter Tonawanda, United States
  • Employees 3 as on 31 Dec, 2020
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sherex Fastening Solutions
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    3

    as on Dec 31, 2020

  • Acquired by
    PennEngineering

    (Jan 08, 2024)

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Funding Insights of Sherex

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 Sherex

Sherex has secured backing from 1 investor. Prominent investors backing the company include PennEngineering. 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.

All
Investor Description Founded Year Domain Location
Fasteners are manufactured by PennEngineering for industrial applications.
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 Sherex

Investments
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

Financial Statements - Sherex

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Sherex Comparisons

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Competitors of Sherex

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 Sherex

Frequently Asked Questions about Sherex

When was Sherex founded?

Sherex was founded in 1978.

Where is Sherex located?

Sherex is headquartered in Tonawanda, United States. It is registered at Tonawanda, New York, United States.

How many employees does Sherex have?

As of Dec 31, 2020, the latest employee count at Sherex is 3.

What does Sherex do?

Sherex was founded in 1978 and is located in Tonawanda, United States. Automotive fasteners are produced by the company for various applications in the sector. Operations focus on manufacturing processes tailored to industry standards. The business is owned by Adam Pratt, with activities centered in the North American market. Domain sherex.com is used for online presence.

Who are Sherex's investors?

Sherex has 1 investor. Key investors include PennEngineering.

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