True Value Hardware
About True Value Hardware
True Value Hardware is a Business Services company founded in 1948, and was acquired by Do it Best in November 2024. True Value Hardware is engaged in retailing hardware and home improvement products. It operates on a Reseller / Distribution and Franchise / Licensing model. The company has 6 employees. Its chief executive, as recorded, is John Hartmann. Its website truevalue.com draws about 2.1 million monthly visits. Its Indian entity Truevalue Concrete Products Limited reported revenue of ₹2.66 Cr. True Value Hardware offers products and services including Hardware Products, Lawn & Garden Supplies, and Paint and Tools. Its focus areas include Retail, Hardware Stores and Home Improvement.
Company details
True Value Hardware is involved in the retail of hardware and home improvement products across various categories. Operations are conducted through independently owned stores offering a wide range of items including automotive, bath, building materials, electrical, farm and ranch, hardware, heating and cooling, holiday and seasonal products, home and cleaning supplies, kitchen, lawn and garden, lighting, outdoor living, paint, pet supplies, plumbing, storage, and tools. Solutions are provided to support homeowners and DIY enthusiasts in their projects. The sector focus includes home improvement and hardware retail, with an emphasis on accessibility through local stores.
- Employees 6
- Stage Acquired
- SectorsBusiness Services
- Website category Home and Garden
- Phone•••• ••••
- Website truevalue.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Do it Best (Nov 2024)
- Legal Name True Value Company, L.L.C.
- Date of Incorporation 13 Feb, 2014
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹2.66 Cr
FY 2024 · -71% YoY
- Indian entity net profit₹6.2 Lakh
FY 2024 · 2% margin
- Indian entity EBITDA₹20 Lakh
FY 2024 · 8% margin
- Latest Funding Round$50K (USD), Grant
Aug 2011
- Investors
- Employee Count6
- Acquired byDo it Best
(Nov 2024)
Associated legal entities of True Value Hardware
True Value Hardware operates through Truevalue Concrete Products Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Truevalue Concrete Products Limited CIN U14292MH2014PLC253247 | Active | 13 Feb 2014 | Mumbai, Maharashtra | ₹2.7 Cr | 6 | 3 | View details |
Products & Services of True Value Hardware
True Value Hardware offers a comprehensive portfolio of products and services, including Hardware Products, Lawn & Garden Supplies, and Paint and Tools.
Various hardware items are offered for home improvement.
Supplies for lawn care and gardening are provided.
Paint products and tools are available for purchase.
Apps and channels of True Value Hardware
its YouTube channel True Value has 8.14K subscribers and 30 videos.
Videos from True Value Hardware
The most watched videos on True Value Hardware's YouTube channel, True Value (8.14K subscribers). Click a video to play it here.
More on True Value.
Funding Insights of True Value Hardware
- Total Rounds 2
- Last Round Grant — $50,000
- Investors Count 1
All 2 funding rounds of True Value Hardware with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2011 | $50,000 | Grant | – | – | |
| Sep 2009 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in True Value Hardware
True Value Hardware has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include United States Department of Agriculture and Do it Best.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Leadership is provided on agriculture, food, and rural development matters. | 1862 | usda.gov | ||
Hardware, lumber, and building materials are distributed to retailers. | 1945 | doitbestonline.com | Fort Wayne, United States |
Investor details for True Value Hardware
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Truevalue Concrete Products Limited (True Value Hardware)
Truevalue Concrete Products Limited is the primary company behind True Value Hardware. The board of Truevalue Concrete Products Limited currently have 3 directors; the longest-serving is Pratik Rajendrakumar Choudhary, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pratik Rajendrakumar Choudhary DIN 03269407 | Director | 20 Feb 2019 | 7 yrs 8 mo | Truevalue Concrete Products Limited |
| Shikha Ankit Choudhary DIN 07545548 | Director | 30 Dec 2023 | 2 yrs 9 mo | Truevalue Concrete Products Limited |
| Shantidevi Gourishankar Hansaria DIN 03609055 | Director | 30 Dec 2023 | 2 yrs 9 mo | Truevalue Concrete Products Limited |
People of True Value Hardware
132 people are tracked at True Value Hardware (28 in leadership, 104 in team); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
John Hartmann | President & CEO | Leadership |
Chester Zigler | Director, Inbound Transportation | Leadership |
Lori Birkey | Director Talent And Training | Leadership |
Deborah Reed | Director, International Sales & Service | Leadership |
Steven Terpstra | Director Of Sales - International And Contract Manufacturing | Leadership |
Rhett Follman | Vice President Logistics | Leadership |
Jackson Riffle | General Manager | Leadership |
Kellye Waller | Retail Business Partner | Leadership |
Tony Giuliano | Vice President & Treasurer | Leadership |
Jeffrey Spranger | Retail Business Partner | Leadership |
Gabriel Fuentes Perez | Senior Sales Director | Leadership |
Dan Starr | CEO | Leadership |
Ted Noring | Director Of Visual Merchandising | Leadership |
Chris Okapal | VP of Sales & Business Development | Leadership |
Justin Hanford | VP of Merchandising | Leadership |
Celeste Stevens | VP of Human Resources | Leadership |
Randy Fenstemaker | Vice President Of Distribution | Leadership |
Michelle Burton | Director Of Merchandising Operations & Support | Leadership |
Linda Johnson | President | Leadership |
Brandon Zoch | Director, Wholesale Pricing & Ecommerce | Leadership |
112 more people are available in the full profile.
Complete people profiles for True Value Hardware
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Financials of True Value Hardware
Figures of Truevalue Concrete Products Limited, the primary company behind True Value Hardware, for FY 2024. Revenue was ₹2.66 Cr (-71% year on year). Net profit was ₹6.2 Lakh (2% margin). EBITDA was ₹20 Lakh (8% margin). Revenue has grown at a compounded annual rate of +7% over three years and -1% over five years.
- ₹2.66 CrRevenue · FY 2024 · -71% YoY
- ₹6.2 LakhNet profit · 2% margin
- ₹20 LakhEBITDA · 8% margin
- ₹82.5 LakhPaid-up capital
- 6Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- -1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Truevalue Concrete Products Limited are on its company page.
Detailed financial statements for True Value Hardware
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of True Value Hardware
4 dated milestones of True Value Hardware across 76 years, from founding to its latest funding, stage changes and deals.
- Founded True Value Hardware is founded.
- Funding First funding round.
- Funding Latest funding round, Grant, of $50K.
- Exit Acquired by Do it Best.
Web traffic of True Value Hardware
The website of True Value Hardware (truevalue.com) receives about 2.1M visits a month and ranks #30,916 among all websites worldwide, #335 in Home and Garden.
- Monthly visits2.1M
▼ 2.7% vs previous month
- Unique visitors503.3K
per month
- Global rank#30,916
among all websites
- Category rank#335
Home and Garden · Home and Garden
- Bounce rate26%
- Pages per visit4.2
- Average visit3 min 07 sec
- DevicesDesktop 58% · Mobile 42%
Websites whose visitors overlap most with True Value Hardware. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| acehardware.com | 100% | 20.1M | #1,881 | View details | |
| doitbest.com | 83% | 1.2M | #38,192 | View details | |
| menards.com | 72% | 21M | #1,812 | View details | |
| homedepot.com | 67% | 174.7M | #174 | View details | |
truevaluecompany.com | truevaluecompany.com | 64% | #1,946,609 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for True Value Hardware
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- 40 similar websites
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Verified entity values are shown only after access is granted.
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Related news about True Value Hardware
Complete news archive for True Value Hardware
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Frequently Asked Questions about True Value Hardware
True Value Hardware was founded in 1948 and raised its 1st funding round 61 years after it was founded.
John Hartmann is the CEO of True Value Hardware, as recorded in our data.
True Value Hardware has 6 employees.
The primary company behind True Value Hardware, Truevalue Concrete Products Limited, reported revenue of ₹2.66 Cr for FY 2024, down 71% year on year.
True Value Hardware is involved in the retail of hardware and home improvement products across various categories. Operations are conducted through independently owned stores offering a wide range of items including automotive, bath, building materials, electrical, farm and ranch, hardware, heating and cooling, holiday and seasonal products, home and cleaning supplies, kitchen, lawn and garden, lighting, outdoor living, paint, pet supplies, plumbing, storage, and tools. Solutions are provided to support homeowners and DIY enthusiasts in their projects. The sector focus includes home improvement and hardware retail, with an emphasis on accessibility through local stores.
True Value Hardware offers Hardware Products, Lawn & Garden Supplies, and Paint and Tools.
True Value Hardware has 2 investors. Key investors include United States Department of Agriculture, and Do it Best.
True Value Hardware operates through Truevalue Concrete Products Limited.
Yes. True Value Hardware was acquired by Do it Best in November 2024.
The legal entities of True Value Hardware currently have 3 directors, including Shikha Ankit Choudhary, Pratik Rajendrakumar Choudhary, Shantidevi Gourishankar Hansaria.
The website of True Value Hardware receives about 2.1 million visits a month and ranks #30,916 among all websites worldwide.