H.K. Wentworth
| Date | Investors | Amount | Round |
|---|---|---|---|
$60.0m Valuation: $60.0m 2.4x EV/Revenue -6.4x EV/EBITDA | Acquisition | ||
| Total Funding | 000k | ||
| GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 7 % | 27 % | 1 % | 6 % | 4 % | (43 %) | (5 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 4 % | 11 % | 12 % | 6 % | 10 % | (38 %) | 4 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 2 % | 9 % | 9 % | 3 % | 5 % | (30 %) | 6 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
H.K. Wentworth began its journey as a small family business in the UK, founded by the entrepreneurial duo, Henry Kingsbury Wentworth and his wife, Margaret Wentworth. The company initially focused on producing high-quality lubricants and cleaning solutions for industrial applications.
Over the years, H.K. Wentworth expanded its product line to include a wide range of electronic cleaning and maintenance products. This strategic diversification allowed the company to tap into new markets and grow its customer base significantly.
A pivotal moment in the company's history came when it secured a major contract with a leading electronics manufacturer. This deal not only boosted H.K. Wentworth's revenue but also established its reputation as a reliable supplier in the industry.
In the 1990s, the company underwent a significant transformation by embracing new technologies and investing in research and development. This commitment to innovation enabled H.K. Wentworth to develop cutting-edge products that met the evolving needs of its customers.
Today, H.K. Wentworth is recognized as a leader in the field of electronic cleaning and maintenance solutions, with a global presence and a strong commitment to sustainability and quality. The company's journey from a small family business to an industry leader is a testament to the vision and determination of its founders and the dedicated team that continues to drive its success.