Niteo Products LLC
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Niteo Products LLC - overview
Established
2015
Location
Dallas, TX, US
Primary Industry
Retail
About
Niteo Products LLC formulates and distributes a wide array of automotive, marine, and recreational vehicle maintenance products, focusing on enhancing vehicle performance and aesthetic restoration. Founded in 2015 and headquartered in Dallas, US, Niteo Products LLC specializes in automotive maintenance solutions. The company has engaged in two significant financial deals, with the latest deal occurring on May 5, 2022. Josmar Machado serves as the CEO of the company.
Niteo Products specializes in developing and distributing a comprehensive range of automotive, marine, and recreational vehicle maintenance products. Their offerings include automotive system fluids, maintenance chemicals, and detailing solutions, effectively addressing vehicle performance and surface restoration needs. Key product categories feature power steering fluid, fuel additives, brake parts cleaners, and various detailing chemicals designed for both professional mechanics and automotive enthusiasts. Niteo Products generates revenue primarily through direct sales via established distribution channels, including partnerships with automotive and marine retailers and wholesalers.
Their revenue model emphasizes B2B transactions with bulk orders for maintenance products, reflecting a commitment to quality and customer retention. Looking ahead, Niteo Products plans to expand its product line with new automotive maintenance solutions set to launch in the upcoming year. The company aims to penetrate additional markets in Europe and Asia by mid-2023. Recent funding from MPE Partners, related to the recapitalization of Hi-Tech Industries in May 2022, will support these expansion initiatives.
Current Investors
Highlander Partners
Primary Industry
Retail
Sub Industries
Automobile Repair, Commodity Chemicals
Website
www.niteoproducts.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Niteo Products LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Folexport, Inc | - | ||||||||
| Secondary Buyout | Completed | Niteo Products LLC | - | ||||||||
| Secondary Buyout | Completed | Hi-Tech Industries | - | ||||||||
| Add-on, Trade Sale | Completed | Air Care Assets of Kraco Enterprises, LLC | - | ||||||||
| Add-on | Completed | Cyclo Industries, Inc. | - |
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