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
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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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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. 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.
Fluid connectors are provided for industrial system integration.
Hydraulic systems are offered for various industrial applications.
Pneumatic solutions are supplied for automation and control.
Automation systems are delivered for industrial process efficiency.
Filtration solutions are provided for fluid and air purity.
Funding Insights of The Hope Group
| 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 |
investors |
Investors in The Hope Group
The Hope Group has secured backing from 1 investor. Prominent investors backing the company include KLX. 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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Provider of aerospace fasteners, consumables, and logistics services
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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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Founded Year | Domain | Location | |
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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 The Hope Group
| 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 |
Financial Statements - The Hope Group
| 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 |
The Hope Group Comparisons
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. 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 |
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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| domain | founded_year | HQ Location |
Electronic control and monitoring devices are developed and supplied.
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| domain | founded_year | HQ Location |
Fluid measurement, control, and filtration products are manufactured and distributed.
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| domain | founded_year | HQ Location |
Electrical products and related services are distributed globally.
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| domain | founded_year | HQ Location |
Diversified industrial automation products are supplied to industrial sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on The Hope Group
Frequently Asked Questions about The Hope Group
When was The Hope Group founded?
The Hope Group was founded in 1933.
Where is The Hope Group located?
The Hope Group is headquartered in Northborough, United States. It is registered at Northborough, Massachusetts, United States.
Who is the current CEO of The Hope Group?
Carey D Rhoten is the current CEO of The Hope Group. They have also founded this company.
What does The Hope Group do?
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.
Who are the top competitors of The Hope Group?
The Hope Group's top competitors include Integrated Power Services, Pilz and Sonepar.
What products or services does The Hope Group offer?
The Hope Group offers Fluid Connectors, Hydraulics, Pneumatics, Automation & Controls, and Filtration Products.
Who are The Hope Group's investors?
The Hope Group has 1 investor. Key investors include KLX.