Go Rhino

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Go Rhino - overview

Established

1975

Location

Brea, CA, US

Primary Industry

Automobiles, Other Vehicles & Parts

About

Go Rhino is a manufacturer specializing in truck and SUV accessories that enhance vehicle functionality and aesthetics, providing essential enhancements such as tonneau covers and running boards to optimize utility for consumers and businesses. Go Rhino was founded in 1975 in Brea, US, focusing on the design and manufacturing of truck and SUV accessories. The company has undergone shifts in business strategy but has remained consistent in its core offerings. Go Rhino was acquired by RealTruck, Inc.


in October 2023, enabling the expansion of their brand portfolio. The company has participated in two funding deals, with the most recent deal occurring on August 22, 2023. Go Rhino specializes in the design and manufacture of a comprehensive range of truck and SUV accessories, focusing primarily on truck bed covers, running boards, and other essential vehicle enhancements. Their core product offerings include hard and soft folding tonneau covers, retractable covers, and one-piece truck caps, all intended to provide secure storage solutions while enhancing the aesthetic and functionality of vehicles.


These products cater to truck and SUV owners looking to optimize utility, addressing needs such as cargo management and vehicle customization. Go Rhino's customer base consists of individual consumers and commercial clients, including automotive enthusiasts and businesses, and their products are marketed across North America, particularly in regions known for high truck ownership, such as Texas, California, and the Midwest. Go Rhino generates revenue through direct-to-consumer sales and partnerships with retailers and wholesalers. Their sales model is structured around individual product purchases, prominently featuring flagship items like the BR10 Front Bumper and various styles of running boards.


The pricing plans accommodate different consumer budgets and needs. The business model supports both B2B and B2C transactions, allowing dealers to offer Go Rhino products while also catering directly to consumers via online and physical retail channels. This approach enhances their market presence and ensures a steady revenue stream through diversified sales channels. The acquisition of Go Rhino by RealTruck, Inc.


in October 2023 is expected to facilitate future growth by expanding their brand portfolio. Though specific upcoming products were not detailed, the acquisition is aimed at enhancing the overall offerings of RealTruck. As the integration progresses, the focus will likely shift towards expanding market reach and introducing new products tailored to consumer demands. The strategic rationale behind this acquisition positions Go Rhino for potential growth opportunities in the accessory market.


Current Investors

RealTruck, Inc., PAC Holding Company

Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Automobiles, Other Vehicles & Parts

Website

www.gorhino.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Go Rhino - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedGo Rhino-
Add-onCompletedGo Rhino-

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Go Rhino - employee data

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