About Trac Precision Solutions
Trac Precision Solutions is a company based in United Kingdom founded in 2022 was acquired by PTC Industries in October 2024. It operates as a Product-Oriented. Trac Precision Solutions offers products and services including Precision Engineered Parts.
- Headquarter United Kingdom
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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- Legal Name Trac Precision Solutions
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Annual Revenue
$31.13 M (USD)-16as on Apr 30, 2024
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Net Profit
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EBITDA
$1.91 M (USD)108as on Apr 30, 2024
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Latest Funding Round
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Investors
PTC Industries
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Trac Precision Solutions
Trac Precision Solutions offers a comprehensive portfolio of products and services, including Precision Engineered Parts. 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.
Precision engineered parts are designed and manufactured to maximize engine performance, efficiency, and reliability for various industries.
Funding Insights of Trac Precision Solutions
| 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 Trac Precision Solutions
Trac Precision Solutions has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include PTC Industries and Rcapital. 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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Businesses are transformed and grown through strategic investments by Rcapital.
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Founded Year | Domain | Location | |
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Manufacturer and supplier of castings solutions, machined components and fabricated parts
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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 Trac Precision Solutions
| 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 - Trac Precision Solutions
| 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 |
Trac Precision Solutions Comparisons
Competitors of Trac Precision Solutions
| 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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Frequently Asked Questions about Trac Precision Solutions
When was Trac Precision Solutions founded?
Trac Precision Solutions was founded in 2022.
Where is Trac Precision Solutions located?
Trac Precision Solutions is headquartered in United Kingdom.
What is the annual revenue of Trac Precision Solutions?
Annual revenue of Trac Precision Solutions is $31.13M as on Apr 30, 2024.
What does Trac Precision Solutions do?
Precision engineered parts are designed and manufactured by Trac Precision Solutions to maximize engine performance, efficiency, and reliability. The company serves critical sectors such as aerospace, defense, and power generation, with a strong commitment to safety, sustainability, and innovation. Customized solutions are offered through close partnerships with clients to meet their specific needs and help achieve their goals. Operating from the North West of the UK, a skilled workforce is employed to drive quality and innovation, ensuring that the highest standards are met in all products and services.
What products or services does Trac Precision Solutions offer?
Trac Precision Solutions offers Precision Engineered Parts.
Who are Trac Precision Solutions's investors?
Trac Precision Solutions has 2 investors. Key investors include PTC Industries, and Rcapital.
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