Crestchic plc
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Crestchic plc - overview
Established
1983
Location
-, -, UK
Primary Industry
Electronics
About
Founded in 1983 and based in the UK, Crestchic plc, formerly Northbridge Industrial Services plc, manufactures, hires, and sells specialist industrial equipment to a non-cyclical customer base around the world. In December 2022, Aggreko agreed to acquire Crestchic plc for GBP 122 million. The company serves applications such as healthcare, data centres, marine and shipbuilding, mining and drilling, and container ports. As of 2022, the company also has offices in Germany, France, the US, the UAE, and Singapore.
The company provides products including AC resistive load banks, AC resistive-reactive load banks, AC medium voltage load banks, DC load banks, server emulator load banks, datacenter load bank trailers, aviation ground power, transformers, control systems, and stocksales notices. The firm offers services and spares, including an annual service visit, canopy or container exterior, mechanical tests, software upgrades, electrical tests, hardware upgrades, and other tests. Crestchic offers rental equipment, including AC and DC load banks, and rental services that include delivery, installation, de-installation, and collection of load bank packages.
Current Investors
Aggreko Ltd
Primary Industry
Electronics
Sub Industries
Equipment Rental & Leasing, Electronic Components & Semiconductor Wholesalers, Electronic Components
Website
www.crestchicplc.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Crestchic plc - timeline of key events
Crestchic plc - financials
| Fiscal Year Ended | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 28, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 30,813,000 | 37,594,000 | 44,871,000 | 34,090,000 | 23,786,000 | 25,669,000 | 26,936,000 | 33,600,000 | 33,977,000 | 38,809,000 | - | - | - |
| % Revenue Growth (YoY) | - | 22.0% | 19.4% | (24.0%) | (30.2%) | 7.9% | 4.9% | 24.7% | 1.1% | 14.2% | - | - | - |
| EBITDA (USD) | 9,334,000 | 11,736,000 | 13,010,000 | (1,049,000) | 2,154,000 | 3,422,000 | 4,013,000 | 7,881,000 | 7,372,000 | 9,247,000 | - | - | - |
| Operating Income (USD) | 5,459,000 | 7,082,000 | 6,837,000 | (7,934,000) | (4,913,000) | (3,784,000) | (2,068,000) | 1,183,000 | 1,122,000 | 3,786,000 | - | - | - |
| Operating Margin | 17.7% | 18.8% | 15.2% | (23.3%) | (20.7%) | (14.7%) | (7.7%) | 3.5% | 3.3% | 9.8% | - | - | - |
| % EBITDA Margin | 30.3% | 31.2% | 29.0% | (3.1%) | 9.1% | 13.3% | 14.9% | 23.5% | 21.7% | 23.8% | - | - | - |
| NET Income (USD) | 3,707,000 | 5,255,000 | 5,072,000 | (8,151,000) | (6,298,000) | (4,626,000) | (2,409,000) | (236,000) | (7,512,000) | (4,950,000) | - | - | - |
| % Net Margin | 12.0% | 14.0% | 11.3% | (23.9%) | (26.5%) | (18.0%) | (8.9%) | (0.7%) | (22.1%) | (12.8%) | - | - | - |
Crestchic 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Crestchic plc | - |
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Crestchic plc - employee data
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