Bis Industries Limited
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Bis Industries Limited - overview
Established
1915
Location
Perth, Western Australia, Australia
Primary Industry
Logistics & Distribution
About
Based in Australia, Bis Industries Limited is a key provider of equipment and services for the underground coal mining sector, focusing on operational efficiency and specialized labor solutions. Bis Industries Limited, established in 1915, operates from its headquarters in Perth, Australia. The company provides critical equipment and services to the underground coal mining sector. In August 2022, Bis Industries Limited received a Recapitalisation investment of USD 370.
00 mn from Carlyle Group and Värde Partners, aimed at debt refinancing and providing a financial lifeline. Simon Atkinson serves as the CEO of the company. Bis Industries specializes in delivering essential equipment and services for the underground coal mining sector in Australia. Their offerings include a fleet of run-of-mine and longwall equipment tailored for efficient coal transportation and raw material handling.
In addition to equipment rental, Bis provides labor hire services, ensuring skilled personnel are available for operations and maintenance. The company also offers proactive and reactive maintenance services, contributing to the efficiency and productivity of its clients' operations, primarily in regions with significant underground coal mining activities. In 2023, Bis Industries reported a revenue of USD 313,405,349. 40 and an EBITDA of USD 19,738,198.
90. Their revenue model is primarily based on equipment hire and labor hire agreements, enabling clients to manage costs while ensuring access to high-quality equipment and support. Partnerships often involve contracts for both equipment rental and ongoing maintenance, enhancing operational efficiency. For future growth, Bis Industries Limited aims to leverage the recent investment of USD 370.
00 mn from Carlyle Group and Värde Partners to support a debt refinancing strategy and provide a substantial financial lifeline over the next three years. The company is likely to explore the development of new products designed for enhanced operational efficiency in the mining sector. Expansion plans may also target new geographic markets, although specific regions and timelines have not been disclosed.
Current Investors
Carlyle Group, Varde Partners
Primary Industry
Logistics & Distribution
Sub Industries
Facilities & Maintenance Services, Logistics & Distribution
Website
www.bisindustries.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Bis Industries Limited - timeline of key events
Bis Industries Limited - financials
| Fiscal Year Ended | Jun 30, 2016 | Jun 30, 2017 | Jun 30, 2018 | Jun 30, 2019 | Jun 30, 2020 | Jun 30, 2021 | Jun 30, 2022 | Jun 30, 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 419,128,000 | 390,072,000 | 389,747,000 | 432,787,000 | 466,477,000 | - | - | - |
| % Revenue Growth (YoY) | - | (6.9%) | (0.1%) | 11.0% | 7.8% | - | - | - |
| EBITDA (USD) | 109,593,000 | 131,152,000 | (14,804,000) | 96,165,000 | 111,889,000 | - | - | - |
| Operating Income (USD) | 43,800,000 | 59,212,000 | (79,693,000) | 34,620,000 | 30,750,000 | - | - | - |
| Operating Margin | 10.5% | 15.2% | (20.4%) | 8.0% | 6.6% | - | - | - |
| % EBITDA Margin | 26.1% | 33.6% | (3.8%) | 22.2% | 24.0% | - | - | - |
| NET Income (USD) | 43,005,000 | 56,301,000 | (36,052,000) | 13,405,000 | 22,076,000 | - | - | - |
| % Net Margin | 10.3% | 14.4% | (9.3%) | 3.1% | 4.7% | - | - | - |
Bis Industries 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Bis Industries Limited | - | ||||||||
| Restructuring | Completed | Bis Industries Limited | - | ||||||||
| Recapitalisation | Completed | Bis Industries Limited | - | ||||||||
| Growth | Completed | Bis Industries Limited | - | ||||||||
| Add-on | Completed | Powertrans | - |
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Bis Industries Limited - employee data
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