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Repair & maintenance service providers for cars
1947•Columbus (United States)•Acquired
Last updated:
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Safelite Key Metrics
Latest Funding Round
Undisclosed
PE, Jun 01, 1996
Investors
Thomas H Lee Partners
& 1 more
Ranked
3rd
among 2140 active competitors
Employee Count
12,633
as on Dec 31, 2020
Investment & Acquisitions
Tri State Auto Glass
& 14 more
Similar Companies
Belron
& 4785 more
Exit Details
Acquired
by Belron (Feb 06, 2007)
Safelite - About the company
Which sectors and market segments does Safelite operate in?
- Safelite serves in the B2C space in the Auto market segments.
- The primary business model of Safelite is:
Company Details
- Website: www.safelite.com/
- Social:
Which legal entities is Safelite associated with?
Safelite
is associated with
2
legal entit
ies
given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
SAFELITE GROUP, INC. | Aug 26, 2002 | - | - | 667 |
SAFELITE GROUP, INC. | Dec 26, 999 | - | - | 123 |
Safelite's acquisition details
Safelite
got acquired
by Belron on Feb 06, 2007.
Click
here
to take a look at
Safelite
's acquisition in detail
Safelite's funding and investors
How much funding has Safelite raised till date?
Safelite has raised funding over 1 round.
What are the most recent funding rounds of Safelite?
Its latest funding round was a PE round on Jun 01, 1996 for an undisclosed amount. 1 investor participated in its latest round, which include Thomas H Lee Partners.
List of recent funding rounds of Safelite
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jun 01, 1996 | Undisclosed | PE | 8921032 | 5048025 | Thomas H Lee Partners |
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Who are Safelite's investors?
Safelite has 2 institutional investors including Thomas H Lee Partners and SIZE.
View details of
Safelite funding rounds and investorsSafelite's founders and board of directors
Founder? Claim ProfileWho are the founders of Safelite?
The founders of
Safelite
are
Art Lankin and Bud Glassman.
Who is the current CEO of Safelite?
Thomas Feeney
is
the CEO of
Safelite
.
How many employees does Safelite have?
Safelite has 12,633 employees as of Dec 20. The total employee count is 8.9% lower than what it was in Dec 19.
Uncover Safelite's growth story!
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View details of
Safelite's Founder profiles and Board MembersSafelite's Competitors and alternates
Who are the competitors of Safelite?
Top competitor
s
of
Safelite
include
Driven Brands, Meineke Car Care and Service King.
Safelite
ranks
3
rd
among
2140 active competitors.
7 of its competitors are funded while 80 have exited.
Overall,
Safelite
and its competitors have raised over
$240M
in funding across
23
funding rounds involving
24
investors.
There are 4 public and 76 acquired companies in the entire competition set.
Below is a comparison of top competitors of Safelite
Safelite | Driven Brands | Meineke Car Care | Service King | |
|---|---|---|---|---|
Description | Repair & maintenance service providers for cars | Automotive franchise company providing aftermarket services | Repair & maintenance service provider for cars | Repair & maintenance service provider for cars |
Founded Year | 1947 | 2006 | 1972 | 1976 |
Location | Columbus (United States) | Charlotte (United States) | Charlotte (United States) | Richardson (United States) |
Company Stage | Acquired | Public | Late Stage | Acquired |
Unicorn Rating | - | - | - | - |
Total Funding | - | - | - | $200M |
Funding Rounds | 1 | 1 | 3 | 2 |
Latest Round | PE, Undisclosed, Jun 01, 1996 | Series A, Undisclosed, Jun 01, 2008 | PE, Undisclosed, Aug 01, 2003 | PE, $200M, May 31, 2022 |
Investor Count | 2 | 4 | 5 | 3 |
Top Investors | Thomas H Lee Partners, SIZE | Harvest Partners, Brookside Mezzanine Partners& 2others | Bregal Sagemount, Arrowhead Investment Management& 3others | The Carlyle Group, CCP Equity Partners& 1others |
Tracxn ScoreWhat is this? | 60/100 | 64/100 | 60/100 | 52/100 |
Overall Rank | 3rd | 1st | 2nd | 4th |
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Looking for more details on
Safelite
's competitors? Click
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Safelite's Investments and acquisitions
Filter this list
Safelite
has not made any
investments
yet.
Safelite
has made
15 acquisitions.
Here is the list of latest three acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 27, 2024 | Acquisition |
Tri State Auto Glass | 1977 | Asheville, United States |
Nov 03, 2023 | Acquisition |
Absolute Auto Glass | - | |
Jun 13, 2023 | Acquisition |
Advanced Auto Glass | - |
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See all
acquisitions
by
Safelite
Reports related to Safelite
Here is the latest report on Safelite's sector:
View
all reports related to Safeliteor
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News related to Safelite
Filter this list
Media has covered
Safelite
for a total of 11 events in the last 1 year
,
1
of them has been
about
company updates and 1
about
people movement.
•
Safelite Acquires City Auto Glassglassbytes.com•Jul 22, 2024•City Auto Glass,
Safelite
•
Cotchett, Pitre & McCarthy Announces California Court Orders Safelite AutoGlass to Answer Whistleblower Complaint Alleging Rampant Insurance Fraud; Case Set for September 2025 TrialBusiness Wire•Jul 22, 2024•cpmlegal.com,
Safelite
•
Safelite Leases 110,500 SQFT in Lacey Industrial Centertheregistryps.com•Apr 16, 2024•Safelite
•
Safelite Makes Another Purchase in the Carolinasglassbytes.com•Feb 24, 2024•Tri State Auto Glass,
Safelite
•
Safelite Grabs Yet another Auto Glass Firmglassbytes.com•Jan 10, 2024•Safelite
, Thompson Auto Glass
•
Safelite Group Acquires California Companyglassbytes.com•Nov 03, 2023•Safelite
, Absolute Auto Glass
•
Safelite Group Acquires Auto Glass Location in Santa Cruz, CaliforniaCollisionWeek•Nov 03, 2023•Safelite
, Absolute Auto Glass
•
Safelite Group Acquires Idaho Auto Glass BusinessCollisionWeek•Oct 11, 2023•Safelite
, InterMountain Auto Glass
•
Safelite Group Acquires Auto Glass Company with 3 Locations in ColoradoCollisionWeek•Oct 03, 2023•Safelite
•
Farmington Hills’ KSI Kitchen & Bath Acquires Henderson Glass in Rochester HillsDBusiness•Sep 16, 2023•KSI, Henderson Glass,
Safelite
Get curated news about company updates, funding rounds, M&A deals and others.
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Frequently asked questions about Safelite
When was Safelite founded?
Safelite was founded in 1947.
Where is Safelite located?
Safelite
is located in
Columbus,
United States.
Is Safelite an acquired company?
Safelite got acquired by Belron on Feb 06, 2007.
When was the latest funding round of Safelite?
Safelite's latest funding round was on Jun 01, 1996.
Is Safelite a Auto Retail & Aftersales company?
The primary sector of Safelite is Auto Retail & Aftersales.
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