Hi-Tech Industries

Hi-Tech Industries is a manufacturer and distributor of automotive care and detailing products, catering to professional detailers, retailers, and automotive suppliers. Their extensive catalog supports diverse vehicle maintenance needs. Hi-Tech Industries focuses on automotive care and detailing products, operating from its headquarters in Farmington Hills, US. The company was recapitalized in May 2022 by MPE Partners and its management, having been acquired from NiTEO Products LLC.

The firm was founded by Swapnil Jawale, who has a background in establishing other companies. Jaydeep Kachhy serves as the CEO. Hi-Tech Industries has completed 2 deals, with the most recent occurring on May 5, 2022. Hi-Tech Industries specializes in manufacturing and distributing nearly 1,000 automotive care and detailing supplies.

Their products cater to various maintenance needs, including cleaning, polishing, and protective treatments, primarily targeting the automotive detailing sector across North America, Europe, and select markets in Asia. Hi-Tech Industries employs a business-to-business model, supplying automotive detailing products to distributors and retailers on a wholesale basis. The company emphasizes customer service through a dedicated support and sales team, fostering strong client relationships to ensure customer satisfaction and repeat business. Following the recapitalization in May 2022, Hi-Tech Industries aims to enhance its growth by expanding its product offerings and investing in its organization.

The company plans to introduce new products and capabilities, targeting expansion into additional markets. The recent funding will support these growth initiatives, ensuring that the company can efficiently meet increasing market demands.