Krg Specialist Engineering Services Limited
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Krg Specialist Engineering Services Limited - overview
Established
1978
Location
Coatbridge, -, UK
Primary Industry
Industrial Machinery
About
KRG Specialist Engineering Services Limited specializes in precision engineering solutions, offering high-precision machining services critical for oil and gas, aerospace, and defense industries. KRG Specialist Engineering Services Limited, founded in 1978 in Coatbridge, UK, offers precision engineering solutions. The firm was acquired by GIL Investments on February 15, 2019. It operates without known parent or subsidiary companies.
KRG Specialist Engineering provides a comprehensive suite of precision engineering solutions, focusing on sectors such as oil and gas, aerospace, defense, food, and renewables. The company specializes in high-precision machining services, including CNC milling and turning, essential for producing durable components. Their products are designed to withstand extreme conditions, including high-pressure environments. KRG also offers custom metal fabrication and assembly solutions, catering to the specific needs of Original Equipment Manufacturers (OEMs) and industry leaders across Europe, North America, and Asia.
KRG Specialist Engineering operates on a B2B model, focusing primarily on direct transactions with OEMs for precision engineering solutions. The company reported a revenue of USD 8. 72 mn for the year 2021, with an EBITDA of USD -246,589. 80.
KRG Specialist Engineering is focusing on expanding its product offerings and entering new markets. The company plans to launch new precision engineering products tailored for upcoming demands in the renewables sector by the end of 2023. Additionally, KRG is looking to penetrate the Asian market further, specifically targeting opportunities in Southeast Asia by 2024. The acquisition by GIL Investments is expected to provide the necessary capital to support these growth initiatives.
Current Investors
GIL Investments
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
http://www.krg-engservices.com/
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Krg Specialist Engineering Services Limited - timeline of key events
Krg Specialist Engineering Services Limited - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 7,783,891 | 10,556,287 | 6,337,954 | - | - | - |
| % Revenue Growth (YoY) | - | 35.6% | (40.0%) | - | - | - |
| EBITDA (USD) | 536,489 | 1,779,178 | (179,253) | - | - | - |
| Operating Income (USD) | 470,442 | 1,679,054 | (310,081) | - | - | - |
| Operating Margin | 6.0% | 15.9% | (4.9%) | - | - | - |
| % EBITDA Margin | 6.9% | 16.9% | (2.8%) | - | - | - |
| NET Income (USD) | 330,433 | 1,296,767 | (262,692) | - | - | - |
| % Net Margin | 4.2% | 12.3% | (4.1%) | - | - | - |
Krg Specialist Engineering Services Limited - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Krg Specialist Engineering Services Limited | - |
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Krg Specialist Engineering Services Limited - employee data
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