The Hope Group

Northborough, United States Founded: 1933 • Age: 93 yrs Acquired By KLX
The Hope Group is recognized as a leading distributor of industrial motion and control solutions in New England.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About The Hope Group

The Hope Group is a company based in Northborough (United States) founded in 1933 by Carey D Rhoten was acquired by KLX in January 2018. It operates as a Reseller / Distribution and Managed Services. The Hope Group offers products and services including Fluid Connectors, Hydraulics, Pneumatics, Automation & Controls, and Filtration Products. The Hope Group operates in a competitive market with competitors including ERIKS, Integrated Power Services, Pilz, Flow Control Group and Sonepar, among others.

  • Headquarter Northborough, United States
  • Founders Carey D Rhoten
  • Sectors
    Industrial Goods & Manufacturing
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Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
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  • Latest Funding Round
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  • Investors
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  • Acquired by
    KLX

    (Jan 19, 2018)

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Products & Services of The Hope Group

The Hope Group offers a comprehensive portfolio of products and services, including Fluid Connectors, Hydraulics, Pneumatics, Automation & Controls, and Filtration Products.

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Fluid connectors are provided for industrial system integration.

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Hydraulic systems are offered for various industrial applications.

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Pneumatic solutions are supplied for automation and control.

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Automation systems are delivered for industrial process efficiency.

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Filtration solutions are provided for fluid and air purity.

Funding Insights of The Hope Group

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Detailed funding history for The Hope Group

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Investors in The Hope Group

The Hope Group has secured backing from 1 investor. Prominent investors backing the company include KLX.

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Investor Description Founded Year Domain Location
Provider of aerospace fasteners, consumables, and logistics services
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Investor details for The Hope Group

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Investments & Acquisitions by The Hope Group

Investments
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Investment portfolio details for The Hope Group

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Financial Statements - The Hope Group

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Detailed financials for The Hope Group

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The Hope Group Comparisons

The Hope Group Primary company
Description
The Hope Group is recognized as a leading distributor of ind...
Location
Northborough, United States
Founded Year
1933
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for The Hope Group

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Competitors of The Hope Group

The Hope Group 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 ERIKS, Integrated Power Services, Pilz, Flow Control Group and Sonepar, among others.

Company Name Domain Founded year HQ Location Description
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Automotive spare parts are retailed online via ERIKS platform.
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Repair and field services for electric motors, generators and power transmission components
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Electronic control and monitoring devices are developed and supplied.
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Fluid measurement, control, and filtration products are manufactured and distributed.
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Electrical products and related services are distributed globally.
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Diversified industrial automation products are supplied to industrial sectors.
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Detailed competitors of The Hope Group

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Latest news on The Hope Group

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Complete news archive for The Hope Group

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Frequently Asked Questions about The Hope Group

The Hope Group was founded in 1933.

The Hope Group is headquartered in Northborough, United States. It is registered at Northborough, Massachusetts, United States.

Carey D Rhoten is the current CEO of The Hope Group. They have also founded this company.

The Hope Group is established as New Englands largest authorized distributor for Parker Hannifin products, specializing in fluid connectors, hydraulics, pneumatics, automation, and filtration solutions. Operations are focused on serving manufacturers and industrial sectors with innovative systems and components. Comprehensive services including application design, component repair, and hydraulic field service are provided. With a network of nine ParkerStores across the region, seamless support and inventory management are ensured for clients in various industrial applications.

The Hope Group's top competitors include Integrated Power Services, Pilz and Sonepar.

The Hope Group offers Fluid Connectors, Hydraulics, Pneumatics, Automation & Controls, and Filtration Products.

The Hope Group has 1 investor. Key investors include KLX.

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