Dominion
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Dominion - overview
Established
1999
Location
Bilbao, -, Spain
Primary Industry
Business Support Services
About
Founded in 1999, Dominion is a company based in Bilbao, Spain, that provides solutions to improve efficiency across multiple sectors. The company has engaged in various strategic projects, including renewable energy initiatives, and operates in 35 countries, including Spain, Italy, Chile, and the Dominican Republic. In October 2024, Serveo Servicios S. A.
U. , a portfolio company of Portobello Capital agreed to acquire Dominion's industrial maintenance unit form Dominion for EUR 27. 5 million. The transaction was completed in December 2024.
Dominion provides comprehensive services and projects aimed at enhancing efficiency and sustainability across various sectors. The company's primary offerings include solutions in energy management, telecommunications, digital transformation, and infrastructure development. Their services are tailored to aid clients in transitioning to eco-friendly business models that optimize production processes while minimizing environmental impact. Notably, Dominion has engaged in renewable energy projects, such as the construction of a 79 MW photovoltaic solar park in the Dominican Republic, signifying their commitment to sustainable energy solutions.
Their clientele spans more than 1,000 customers globally, with operations in 35 countries, including markets in Spain, Italy, Chile, and the Dominican Republic, addressing both industrial clients and individual consumers. Dominion's revenue structure is primarily driven by its extensive service offerings in sectors like energy, telecommunications, and infrastructure. The company operates through various transaction models, including partnerships and B2B engagements that facilitate the delivery of their services. Clients may enter into long-term contracts for ongoing energy management services or digital transformation projects, establishing a steady revenue stream.
Revenue is generated through service fees associated with project deployments and maintenance agreements, ensuring continual client support and system optimization. Dominion's annual revenue is reported to be approximately EUR 1. 2 bn, reflecting its robust client engagement and diverse geographical reach.
Primary Industry
Business Support Services
Sub Industries
Consulting Services
Website
www.dominion-global.com
Total Amount Raised
Subscriber access only
Dominion - financials
| Fiscal Year Ended | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|
| Revenue (USD) | 1,029,612,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | (16,722,000) | - | - | - |
| Operating Income (USD) | 31,649,000 | - | - | - |
| Operating Margin | 3.1% | - | - | - |
| % EBITDA Margin | (1.6%) | - | - | - |
| NET Income (USD) | 12,989,000 | - | - | - |
| % Net Margin | 1.3% | - | - | - |
Dominion - 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, Corporate Carve Out | Completed | Dominion's industrial maintenance unit | - |
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