True Value Company
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True Value Company - overview
Established
1948
Location
Chicago, IL, US
Primary Industry
Retail
About
True Value Company, based in the US, is a retail cooperative specializing in home improvement and hardware products. It focuses on delivering high-quality items for both DIY enthusiasts and professional contractors. True Value Company is a retail cooperative that provides a variety of home improvement and hardware products. Founded in 1948 in Chicago, US, the company has engaged in two funding deals, with the most recent being a Buyout round in October 2024, raising USD 229.
00 mn from ACON Investments. The company has faced challenges, recently filing for Chapter 11 bankruptcy protection. True Value Company specializes in a wide range of home improvement and hardware products, including tools, paint, outdoor living products, and household essentials. Their offerings cater to both DIY consumers and professional contractors, ensuring reliable access to necessary products for various improvement projects.
The company distributes its products throughout North America, with a focus on urban and suburban markets. True Value Company's revenue for the most recent year, 2017, was USD 2,123. 00 mn. The company's revenue model relies on wholesale transactions with independent retailers, supplying them with hardware and home improvement products through bulk purchasing agreements, thereby fostering long-term partnerships to guarantee consistent product availability.
In October 2024, True Value Company filed for Chapter 11 bankruptcy protection, which may impact its future growth strategies. The company's plans for new product launches and market expansion into new regions have not been detailed publicly following this announcement. The recent funding is intended to support transition efforts amidst the current restructuring.
Current Investors
ACON Investments
Primary Industry
Retail
Sub Industries
Pet Products, Home Improvement & DIY, Electrical, Plumbing & Hardware Distributors, Warehouses, Paints & Coatings
Website
www.truevaluecompany.com
Verticals
E-commerce, Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
True Value Company - financials
| Fiscal Year Ended | Dec 31, 2017 |
|---|---|
| Revenue (USD) | - |
| % Revenue Growth (YoY) | - |
| EBITDA (USD) | - |
| Operating Income (USD) | - |
| Operating Margin | - |
| % EBITDA Margin | - |
| NET Income (USD) | - |
| % Net Margin | - |
True Value Company - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcy/Write-off | Completed | True Value Company | - | ||||||||
| Add-on | Completed | Nova Wildcat Shur-Line Holdings, Inc. | - | ||||||||
| Add-on | Completed | The Agway Brand | - | ||||||||
| Add-on | Announced | Majic Paints | - | ||||||||
| N/A | Completed | True Value Distribution Center | - |
Displaying 1 - 5 of 6
True Value Company - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Member Board Of Directors | BM | ||||||
| Board Of Directors, member of the Governance Committee | BM | ||||||
| Member of Board of Directors | BM | ||||||
| Chairman Of The Board Of Directors | BM |
BM Board Member
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