Era Group
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Era Group - overview
Established
1948
Location
Houston, TX, US
Primary Industry
Oil & Gas
About
Era Group is a leading provider of helicopter transportation services, specializing in offshore energy logistics and emergency response solutions for various sectors worldwide. Era Group, headquartered in Houston, US, was founded in 1948. The company focuses on delivering helicopter services for offshore energy and search and rescue operations. The current CEO is Rakesh Singh.
Era Group specializes in global vertical flight solutions, primarily offering helicopter offshore energy transportation and search and rescue (SAR) services. The company operates a diverse fleet of approximately 211 helicopters, tailored to meet the needs of clients in the offshore oil and gas sector, ensuring safe and efficient transport of personnel and equipment. Additionally, their SAR services cater to both civil and government organizations, providing rapid response capabilities in emergencies, with operations spanning North America, Europe, Africa, and Asia. Era Group generates revenue through comprehensive helicopter services structured around contracts with clients in the offshore energy sector and government organizations.
Transactions typically occur on a contractual basis, encompassing both routine transportation and emergency response missions. The pricing structure varies based on flight duration, aircraft type, and mission requirements, underscoring their commitment to safety and reliability. Era Group is focused on enhancing its service offerings and expanding its market reach. The company aims to launch new helicopter services tailored for emerging markets by 2025.
Recent funding efforts will support the development of advanced helicopter technology and training programs, ensuring improved operational efficiency and safety standards.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Transportation
Website
www.erahelicopters.com
Total Amount Raised
Subscriber access only
Era Group - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | DART Aerospace Limited | - |
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