The Crosby Group

Tulsa, United States Founded: 1836 • Age: 190 yrs Acquired By KKR
Manufacturer of rigging, lifting, and material handling solutions
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About The Crosby Group

The Crosby Group is a company based in Tulsa (United States) founded in 1836 was acquired by KKR in September 2013.. The company has 380 employees as of December 31, 2022. The Crosby Group has completed 7 acquisitions, including Airpes, BlokCam and Feubo Manufactures.

  • Headquarter Tulsa, United States
  • Employees 380 as on 31 Dec, 2022
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
    $12.58 K (USD)
    -25
    as on Aug 14, 2022
  • Net Profit
    $-1.16 K (USD)
    0
    as on Aug 14, 2019
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    380

    as on Dec 31, 2022

  • Investments & Acquisitions
    Airpes

    & 6 more

  • Acquired by
    KKR

    (Sep 10, 2013)

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People of The Crosby Group
Headcount 1000-5000
Employee Profiles 4
Employee Profiles
People
Jeff Ferchen
National Sales Manager
People
Robert Desel
CEO
People
Andy Vogl
VP, Sales
People
Donna DeWitt
Director, Operational Excellence & Quality

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Funding Insights of The Crosby Group

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 The Crosby Group

The Crosby Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include KKR. 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
Venture Fund
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
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 The Crosby Group

The Crosby Group has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Airpes, BlokCam and Feubo Manufactures. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
High-quality cranes are manufactured by BlokCam for industrial use.
2019
Online parts services are provided through Speedbinders platform.
2013
Manufactures & supplies heavy lifting equipment, weighing systems, and engineering solutions
2002
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - The Crosby Group

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

The Crosby Group Comparisons

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Competitors of The Crosby Group

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 The Crosby Group

Frequently Asked Questions about The Crosby Group

When was The Crosby Group founded?

The Crosby Group was founded in 1836.

Where is The Crosby Group located?

The Crosby Group is headquartered in Tulsa, United States. It is registered at Tulsa, Oklahoma, United States.

How many employees does The Crosby Group have?

As of Dec 31, 2022, the latest employee count at The Crosby Group is 380.

What is the annual revenue of The Crosby Group?

Annual revenue of The Crosby Group is $12.58K as on Aug 14, 2022.

What does The Crosby Group do?

The Crosby Group was founded in 1836 and is headquartered in Tulsa, United States. Operations focus on the manufacturing sector, where rigging hardware, lifting devices, and material handling equipment are produced. Solutions are developed for industrial applications, including cranes, hoists, and slings, serving global markets in construction, energy, and transportation. Distribution occurs through a network of partners worldwide, with emphasis on safety standards and product durability.

How many acquisitions has The Crosby Group made?

The Crosby Group has made 7 acquisitions, including Airpes, BlokCam, and Feubo Manufactures.

Who are The Crosby Group's investors?

The Crosby Group has 1 investor. Key investors include KKR.

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