Thyssenkrupp Elevator

Essen, Germany Founded: 1999 • Age: 27 yrs Acquired By Advent International
Elevators and escalators repair installation services provider
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About Thyssenkrupp Elevator

Thyssenkrupp Elevator is a company based in Essen (Germany) founded in 1999 was acquired by Advent International in February 2020.. The company has 5,417 employees as of April 08, 2024.

  • Headquarter Essen, Germany
  • Employees 5417 as on 08 Apr, 2024
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tk Elevator India Private Limited
  • Date of Incorporation 01 Feb, 1999
  • Jurisdiction Delhi, Delhi, India
Operational Areas
Key Metrics
  • Annual Revenue
    $146.49 M (USD)
    30.7
    as on Mar 31, 2023
  • Net Profit
    $608.63 K (USD)
    -72.43
    as on Mar 31, 2023
  • EBITDA
    $3.12 M (USD)
    -19.96
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    5417

    as on Apr 08, 2024

  • Acquired by
    Advent International

    (Feb 27, 2020)

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Funding Insights of Thyssenkrupp Elevator

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Thyssenkrupp Elevator

Thyssenkrupp Elevator has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Advent International, RAG Stiftung and Cinven. 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
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on multiple sectors
Founded Year Domain Location
Private equity investments and portfolio management services are provided by Cinven across various sectors.
Founded Year Domain Location
Finances coal mining aftermath and promotes education, science, culture initiatives.
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 Thyssenkrupp Elevator

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 - Thyssenkrupp Elevator

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

Thyssenkrupp Elevator Comparisons

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Competitors of Thyssenkrupp Elevator

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 Thyssenkrupp Elevator

Frequently Asked Questions about Thyssenkrupp Elevator

When was Thyssenkrupp Elevator founded?

Thyssenkrupp Elevator was founded in 1999.

Where is Thyssenkrupp Elevator located?

Thyssenkrupp Elevator is headquartered in Essen, Germany. It is registered at Essen, North Rhine-westphalia, Germany.

How many employees does Thyssenkrupp Elevator have?

As of Apr 08, 2024, the latest employee count at Thyssenkrupp Elevator is 5,417.

What is the annual revenue of Thyssenkrupp Elevator?

Annual revenue of Thyssenkrupp Elevator is $146.49M as on Mar 31, 2023.

What does Thyssenkrupp Elevator do?

Thyssenkrupp Elevator was founded in 1999 and is headquartered in Essen, Germany. Operations focus on the vertical transportation sector, where installation, maintenance, and repair services for elevators and escalators are delivered. These services support commercial, residential, and public infrastructure projects across various geographies. The company operates through a global network, ensuring compliance with international standards in building mobility solutions.

Who are Thyssenkrupp Elevator's investors?

Thyssenkrupp Elevator has 3 investors. Key investors include Advent International, RAG Stiftung, and Cinven.

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