BTEC Turbines

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

BTEC Turbines - overview

Established

1997

Location

Houston, TX, US

Primary Industry

Renewable Energy

About

BTEC Turbines specializes in power generation systems, focusing on gas turbine design, construction, commissioning, and support. Their innovative solutions enhance operational efficiency for utility companies and large industrial clients globally. BTEC Turbines operates in the power generation sector, primarily providing gas turbine technologies. Founded in 1997, the company is headquartered in Houston, US.


Mike Boyce serves as the CEO. Notably, BTEC has completed 2 deals since its inception, reflecting its active engagement in the market. BTEC Turbines Power Solutions specializes in the design, construction, commissioning, and support of power generation systems, particularly gas turbines. Their core offerings encompass remanufacturing and generator package upgrades, along with custom-designed integrated fuel and supervisory control systems.


These solutions optimize power plant functionality and enhance operational efficiency for a variety of end users, including utility companies and large industrial clients. BTEC's proprietary control systems are engineered to streamline operations, ensuring high-quality performance across diverse geographical markets, with projects delivered globally to customers in North America, Europe, and Asia. The company’s expertise in gas turbine technology positions it as a preferred partner for clients seeking reliable and innovative power solutions. BTEC Turbines Power Solutions generates revenue primarily through direct B2B transactions with its clients, which include power plant operators and industrial manufacturers.


The company engages in partnerships that facilitate both the sale of equipment and ongoing support services. Transactions typically involve comprehensive service agreements that may cover the initial sale of gas turbine systems, followed by maintenance and operational optimization services. BTEC's flagship offerings include advanced control systems and remanufactured turbine packages, which are integral to their revenue model. These transactions are structured to ensure long-term relationships with clients, promoting continuous service and support post-sale, thereby enhancing overall customer satisfaction and retention.


BTEC Turbines Power Solutions is focused on expanding its product offerings and market reach. The company is currently designing new gas turbine models aimed at enhancing energy efficiency, with planned releases within the next 18 months. BTEC is also targeting expansion into emerging markets in Southeast Asia and Africa by 2025, leveraging recent funding to support these initiatives. This funding will enable the development of tailored solutions for clients in these regions, positioning BTEC for increased market penetration.


Primary Industry

Renewable Energy

Sub Industries

Wind Power

Website

www.btecturbines.com

Total Amount Raised

Subscriber access only

BTEC Turbines - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedBTEC Turbines-
Unspecified ExitCompletedBTEC Turbines-

Displaying 1 - 2 of 2

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.