Gulf Marine Maintenance & Offshore Service Company
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Gulf Marine Maintenance & Offshore Service Company - overview
Location
Dubai, -, United Arab Emirates
Primary Industry
Oil & Gas
About
Gulf Marine Maintenance & Offshore Service Company operates in the offshore and marine service sectors, providing specialized maintenance and support services to the oil and gas industry, enhancing operational efficiency and safety for clients. Gulf Marine Maintenance & Offshore Service Company specializes in offshore and marine services, primarily focusing on maintenance and support for the oil and gas sector. The company is headquartered in Dubai, United Arab Emirates. In June 2011, the company was acquired by VASUDA Group, although financial terms were not disclosed.
The current CEO is Abu Musa, who has a history of leadership within the industry. Gulf Marine Maintenance & Offshore Service Company offers a range of services tailored to the offshore and marine sectors. Their core offerings include maintenance and operational support for offshore platforms, marine logistics, and specialized engineering services aimed at ensuring safe and efficient operations in the oil and gas industry. The company serves a diverse clientele that includes major oil and gas operators, providing comprehensive solutions that meet industry standards and regulatory requirements.
Gulf Marine Maintenance & Offshore Service Company generates revenue primarily through B2B transactions, engaging with oil and gas companies, government contracts, and industrial clients. Their revenue model is based on project-based contracts, where clients are billed for the specific services rendered, including maintenance and operational support. These contracts may involve both one-time fees and long-term agreements, ensuring a steady revenue stream as they partner with key stakeholders. The company plans to leverage its recent funding of USD 69.
00 mn raised in the GROWTH round to expand its service offerings and enhance operational capabilities. They aim to introduce new maintenance technologies and services tailored for the offshore sector by 2025. Furthermore, Gulf Marine Maintenance & Offshore Service Company is targeting expansions into new markets such as Southeast Asia and the Mediterranean, aiming to establish a presence by 2026. The recent acquisition by VASUDA Group will also support these initiatives.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services, Wind Power
Website
www.gmmosgroup.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Gulf Marine Maintenance & Offshore Service Company - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Gulf Marine Maintenance & Offshore Service Company | - | ||||||||
| Add-on | Completed | Minnow Marine Projects Ltd | - | ||||||||
| Growth | Completed | Gulf Marine Maintenance & Offshore Service Company | - | ||||||||
| Buyout | Completed | Gulf Marine Maintenance & Offshore Service Company | - |
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