SPATCO

Charlotte, United States Founded: 1935 • Age: 91 yrs
Energy solutions and liquid handling equipment are supplied and maintained.

About SPATCO

SPATCO is a company based in Charlotte (United States) founded in 1935. SPATCO has raised $6.25 million across 2 funding rounds from investors including Kian Capital. The company has 411 employees. SPATCO has completed 9 acquisitions, including Blue1, Hobbyelectric-Inc and K&K Electric. SPATCO offers products and services including Fuel Dispensers and Environmental Services.

  • Headquarter Charlotte, United States
  • Employees 411
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website spatco.com
  • Social LinkedIn X Facebook
  • Legal Name Spatco
Key Metrics
  • Total Equity Funding
    $6.25M (USD)

    in 2 rounds

  • Latest Funding Round
    $1M (USD), Private Equity Round

    Sep 2016

  • Investors
  • Employee Count
    411
  • Investments & Acquisitions
    Blue1

    & 8 more

Products & Services of SPATCO

SPATCO offers a comprehensive portfolio of products and services, including Fuel Dispensers and Environmental Services.

Fuel Dispensers
Petroleum Equipment

Fuel dispensing systems are supplied for retail and commercial use to facilitate efficient energy distribution.

Environmental Services
Compliance and Remediation

Tank cleaning and inspection services are offered to ensure regulatory compliance and address environmental concerns in energy operations.

Funding Insights of SPATCO

SPATCO has successfully raised a total of $6.25M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $1 million completed in September 2016. 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 $6.25M
  • Total Rounds 2
  • Last Round Private Equity Round β€” $1M
  • First Round $5.25M

    (Jul 2015)

  • Investors Count 1

All 2 funding rounds of SPATCO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2016$1MPrivate Equity Round––
Jul 2015$5.25MPrivate Equity Round––
Valuation history

1 investors in total: 1 institutional.

Investors in SPATCO

SPATCO has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Kian Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Kian Capital is engaged in providing growth capital investments.
–kiancapital.comAtlanta, United States
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Investor details for SPATCO

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

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People of SPATCO

48 people are tracked at SPATCO (15 in leadership, 33 in team); the tracked headcount is 411.

NameRoleGroup
Jeff Dailey
CEO & PresidentLeadership
Mark King
DirectorLeadership
Kristen Wallace
Talent Acquisition And Retention DirectorLeadership
Dani Lea Crane
Vice President Human ResourcesLeadership
John Force
President and CEOLeadership
Jody Sailors
Vice President Of Construction ServicesLeadership
Heather Wasserman
Director Of Credit & CollectionsLeadership
Sandy Samways
Vice President Of Human ResourcesLeadership
Brandon Heaps
Director Of North East OperationsLeadership
Tonia Ballard
VP Supply Chain ManagementLeadership
Tammy Holland
Director Of Operational Training & DevelopmentLeadership
Eric Lockhart
Vice President Of SalesLeadership
Scott Wattenberg
Chief Financial OfficerLeadership
Joy Milam
Director Of Relationship ManagementLeadership
Ryan Lewis
Director Of ServiceLeadership
Stephen Bates
Heavy Maintenence Project ManagerTeam
Beraj Hira
Field Services EngineerTeam
Stevie Laxton
Installation And Heavy Maintence Technical ManagerTeam
Dana Zara
Inside Sales SpecialistTeam
Alex Wilkin
Branch ManagerTeam

28 more people are available in the full profile.

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Complete people profiles for SPATCO

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Investments & Acquisitions by SPATCO

SPATCO has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Blue1, Hobbyelectric-Inc and K&K Electric.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Mastercam CAD/CAM software, training, and support services are provided.
hobbyelectric-inc.com–0Oct 2024β€’β€’β€’β€’
Petroleum contractor providing tank installation, removal, maintenance, and environmental services to retail, commercial, and marina fueling stations
ustservicescorp.comOwings, United States2010Sep 2024β€’β€’β€’β€’
Fueling and EV charging solutions are provided by Blue1.
blue1energyequipment.comGreenville, United States2012Aug 2024β€’β€’β€’β€’
Provider of electrical services for commercial and industrial sites
kkelectric.comSanford, United States1998Dec 2023β€’β€’β€’β€’
Fuel system installation and construction contracting services are provided.
mscsltd.comBoerne, United States1997Jun 2023β€’β€’β€’β€’
Distributor of petroleum equipment
petrosupply.comElkridge, United States1971Feb 2023β€’β€’β€’β€’
Petroleum and industrial equipment is supplied to various sectors.
mckinneypetroleum.comMobile, United States1933Jan 2023β€’β€’β€’β€’
Fueling systems are sold, serviced, and installed in Mississippi.
performanceoileq.comCharlotte, United States2013Jun 2018β€’β€’β€’β€’
Petroleum equipment is provided by Petrotech in the United States.
petrotech-llc.comTupelo, United States2006Apr 2017β€’β€’β€’β€’
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Complete acquisition details for SPATCO

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of SPATCO

12 dated milestones of SPATCO across 89 years, from founding to its latest funding, stage changes and deals.

  1. Founded SPATCO is founded.
  2. Funding First funding round of $5.2M.
  3. Funding Latest funding round, Private Equity Round, of $1.0M.
  4. Acquisition Acquires PetroTech LLC.
  5. Acquisition Acquires Performance Oil Equipment Inc.
  6. Acquisition Acquires McKinney Petroleum Equipment.
  7. Acquisition Acquires Petro Supply.
  8. Acquisition Acquires MSCS.
  9. Acquisition Acquires K&K Electric.
  10. Acquisition Acquires Blue1.
  11. Acquisition Acquires UST Services Corporation.
  12. Acquisition Acquires Hobbyelectric-Inc.

Web traffic of SPATCO

The website of SPATCO (spatco.com) receives about 9.6K visits a month.

  • Monthly visits
    9.6K

    ▲ 120.4% vs previous month

Similar websites

Websites whose visitors overlap most with SPATCO. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
benfordfueling.com
100%
–#6,388,724View details
shop.sourcena.com
shop.sourcena.com
89%
–#3,552,279–
globalfuelingsystems.com
84%
–#1,450,725View details
opwglobal.com
81%
–#612,802View details
johnwkennedyco.com
johnwkennedyco.com
79%
–#2,030,082–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 16 similar websites and full traffic analytics for SPATCO

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 16 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about SPATCO

SPATCO was founded in 1935 and raised its 1st funding round 80 years after it was founded.

SPATCO is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

Jeff Dailey is the current CEO of SPATCO.

SPATCO is a funded company, having raised a total of $6.25M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $5.25M, raised on Jul 2015.

SPATCO has 411 employees.

Founded in 1935 and based in Charlotte, United States, SPATCO operates in the energy sector, focusing on petroleum, industrial, diesel exhaust fluid, and electric vehicle systems. Equipment is supplied, installed, and maintained by certified technicians, with parts distributed from leading manufacturers. Training programs and financing options are offered to support fueling operations, ensuring operational continuity for clients across various industries.

SPATCO offers Fuel Dispensers and Environmental Services.

SPATCO has made 9 acquisitions, including Blue1, Hobbyelectric-Inc, and K&K Electric.

SPATCO has 1 investor. Key investors include Kian Capital.

SPATCO operates through Spatco.

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