Amec Plc
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Amec Plc - overview
Established
1982
Location
London, -, UK
Primary Industry
Oil & Gas
About
Amec Plc is a leading provider of engineering and project management services, specializing in digital solutions that enhance operational efficiency across various sectors including oil and gas, life sciences, and renewable energy. Founded in 1982, Amec Plc operates from its headquarters in London, UK. The company focuses on engineering and project management services, with a notable emphasis on digital solutions for risk mitigation. Amec Plc has undergone strategic pivots to enhance its service offerings but operates independently without known subsidiaries or parent companies.
The founder's history is not detailed. Amec Plc primarily offers innovative digital solutions aimed at mitigating design risks in various engineering sectors. Its core services include project delivery, asset management, decarbonization, digitalization, and automation, addressing challenges faced in industries like oil and gas, life sciences, and renewable energy. The firm caters to a diverse client base across North America, Europe, Asia-Pacific, and the Middle East, providing tailored solutions to both large-scale industrial clients and specialized enterprises in sectors such as chemicals, power, and biotechnology.
In 2016, Amec Plc generated a revenue of USD 7,371. 94 mn, with an EBITDA of USD 35. 0 mn for the same year. The revenue model is predominantly B2B, relying on long-term contracts and subscription-based engagements for services such as digital asset management and decarbonization initiatives, designed to fulfill clients' unique operational needs.
Amec Plc is focused on expanding its geographical footprint, targeting new markets in Asia-Pacific and the Middle East by 2025. The company is also developing new digital solutions set to launch in 2024, enhancing its service portfolio. Recent funding will be utilized to support these expansion initiatives and the development of innovative products to meet evolving client demands.
Primary Industry
Oil & Gas
Sub Industries
Engineering, Oil & Gas
Website
www.amec.com
Total Amount Raised
Subscriber access only
Amec Plc - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Mactec, Inc. | - | ||||||||
| Trade Sale | Completed | Entec | - | ||||||||
| Buyout | Completed | Spie Group | - |
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