AnTech Ltd
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AnTech Ltd - overview
Established
1994
Location
Exeter, -, UK
Primary Industry
Oil & Gas
About
AnTech Ltd is a company specializing in advanced coiled tubing drilling solutions and associated services, focusing on sustainable energy transition through innovative technology. Founded in 1994 in Exeter, UK, AnTech Ltd develops coiled tubing drilling technologies to enhance energy extraction efficiencies. The company has participated in 3 deals, with the latest funding round being a GROWTH round amounting to GBP 2. 15 mn in May 2013, led by Calculus Capital.
AnTech does not have any noted subsidiaries or prior mergers, and its funding history indicates a consistent investment interest. AnTech Ltd specializes in advanced coiled tubing drilling solutions, including Directional Coiled Tubing Drilling bottom hole assemblies (BHAs) that cater to well operators aiming to enhance extraction from low-pressure reservoirs. The company’s offerings are rigorously manufactured and tested in compliance with industry standards such as ISO 9001, ATEX, IECEx, and API 6A. It serves a global clientele across various sectors including geothermal wells, hydrogen drilling, and carbon capture and storage (CCUS), with operations in North America, Europe, and Asia.
AnTech Ltd generates revenue primarily through B2B transactions involving drilling services and specialized equipment. The company establishes long-term partnerships with well operators, providing project management services under its Integrated Management (AIM) offerings. Revenue is derived from service contracts for its coiled tubing drilling technology and ongoing service agreements, ensuring that clients maximize their energy extraction processes. AnTech Ltd aims to expand its product range with new coiled tubing technologies aimed at improving drilling efficiencies.
The company is also planning to enter new geographic markets, specifically targeting regions in the Middle East and Asia by the end of 2023. The recent GROWTH funding of GBP 2. 15 mn will support these initiatives, enabling AnTech to enhance its product development and market expansion efforts.
Current Investors
Trescal International SAS, Calculus Capital, Aramco Ventures
Primary Industry
Oil & Gas
Sub Industries
Engineering, Oil & Gas
Website
www.antech.co.uk
Verticals
Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
AnTech Ltd - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | AnTech Ltd | - | ||||||||
| Growth | Completed | AnTech Ltd | - | ||||||||
| Add-on | Completed | AnTech Ltd | - |
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