Troy UK

Exeter, United Kingdom Founded: 1975 • Age: 51 yrs
MRO items, industrial tools, fasteners, and equipment are supplied.

About Troy UK

Troy UK is a company based in Exeter (United Kingdom) founded in 1975 by Ken Yarker. MRO items, industrial tools, fasteners, and equipment are supplied. Troy UK has raised $16.65 million across 2 funding rounds from investors including Santander UK and BGF. Troy UK has completed 5 acquisitions, including Applegate, E.A. Martin & Son and SIIS. Its chief executive, as recorded, is Paul Kilbride.

Company details

Troy was founded in 1975 by Ken Yarker and is headquartered in Exeter, United Kingdom. Operations focus on the industrial supplies sector, where MRO products, tools, fasteners, and equipment are provided to various clients. The company is led by CEO Paul Kilbride. Services encompass distribution and support for maintenance and repair needs across the UK market.

  • Headquarters Exeter, United Kingdom
  • Founders Ken Yarker
  • Email
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  • Phone
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  • Website troyuk.co.uk
  • Social LinkedIn X Facebook
Key Metrics
  • Total Equity Funding
    $16.65M (USD)

    in 2 rounds

  • Latest Funding Round
    $16.65M (USD), Series B

    Jun 2023

  • Investors
  • Investments & Acquisitions
    Applegate

    & 4 more

Funding Insights of Troy UK

Troy UK has successfully raised a total of $16.65M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $16.65 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $16.65M
  • Total Rounds 2
  • Last Round Series B β€” $16.65M
  • First Round $34.42M

    (Oct 2021)

  • Investors Count 2

All 2 funding rounds of Troy UK with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2023$16.65MSeries B–BGF
–
Oct 2021$34.42MDebt – Conventional––
Valuation history

2 investors in total: 2 institutional.

Investors in Troy UK

Troy UK has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Santander UK and BGF.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
bgf.co.ukBelfast, United Kingdom
Financial solutions for personal and business banking are provided.
2004santander.co.ukLondon, United Kingdom
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Investor details for Troy UK

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Troy UK

2 people are tracked at Troy UK (2 in leadership).

NameRoleGroup
Ken Yarker
FounderLeadership
Paul Kilbride
CEOLeadership
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Complete people profiles for Troy UK

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Investments & Acquisitions by Troy UK

Troy UK has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Applegate, E.A. Martin & Son and SIIS.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Retailer of hardware, powertools, and ironmongery products
siis.co.ukKirkcaldy, United Kingdom2004Mar 2024β€’β€’β€’β€’
Workwear, PPE, and power tools are supplied nationwide.
scottdirect.comGrangemouth, United Kingdom1987Mar 2024β€’β€’β€’β€’
Adhesives, fasteners, plumbing, electrical, and related products are retailed.
eamartin.netColeraine, United Kingdom2014Jun 2023β€’β€’β€’β€’
AI-enabled procurement management platform is provided by Applegate.
applegate.co.ukBarnstaple, United Kingdom2000Oct 2022β€’β€’β€’β€’
Diversified operations are conducted across multiple industries since 1975.
thstools.co.ukRotherham, United Kingdom1975May 2018β€’β€’β€’β€’
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Complete acquisition details for Troy UK

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Troy UK

8 dated milestones of Troy UK across 49 years, from founding to its latest funding, stage changes and deals.

  1. Founded Troy UK is founded.
  2. Acquisition Acquires THS Tools.
  3. Funding First funding round of $34.4M.
  4. Acquisition Acquires Applegate.
  5. Funding Latest funding round, Series B, of $16.7M.
  6. Acquisition Acquires E.A. Martin & Son.
  7. Acquisition Acquires Scott Direct.
  8. Acquisition Acquires SIIS.
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Frequently Asked Questions about Troy UK

Troy UK was founded in 1975 and raised its 1st funding round 46 years after it was founded.

Troy UK is headquartered in Exeter, United Kingdom. It is registered at Exeter, Devon, United Kingdom.

Paul Kilbride is the CEO of Troy UK, as recorded in our data.

Troy UK is a funded company, having raised a total of $16.65M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $34.42M, raised on Oct 2021.

Troy was founded in 1975 by Ken Yarker and is headquartered in Exeter, United Kingdom. Operations focus on the industrial supplies sector, where MRO products, tools, fasteners, and equipment are provided to various clients. The company is led by CEO Paul Kilbride. Services encompass distribution and support for maintenance and repair needs across the UK market.

Troy UK has made 5 acquisitions, including Applegate, E.A. Martin & Son, and SIIS.

Troy UK has 2 investors. Key investors include Santander UK, and BGF.

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