Howden Group Limited
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Howden Group Limited - overview
Established
1854
Location
-, -, UK
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Howden Group Limited, based in the UK, specializes in air and gas handling technologies, delivering essential solutions for various industrial processes worldwide. Founded in 1854, Howden Group Limited focuses on advanced air and gas handling technologies, providing crucial products and services for industrial applications. The company is headquartered in the UK and has a global presence with offices in North America, Europe, Asia-Pacific, and the Middle East. In June 2023, Howden secured a LATEST_ROUND: Corporate Carve Out, amounting to USD 300.
00 mn from Ingersoll Rand Inc. , which supports its expansion strategy. The company has completed a total of 3 deals to date. Howden specializes in advanced air and gas handling technologies, providing mission-critical products necessary for industrial processes.
Their core offerings include reciprocating compressors, steam turbines, centrifugal blowers, and diaphragm compressors, designed to function efficiently in demanding environments. The company’s solutions find applications across sectors such as oil and gas, power generation, pharmaceuticals, and food processing, addressing needs for environmental sustainability and operational efficiency. Howden maintains a significant global market presence, serving a wide range of industrial operators and manufacturers. Howden generates revenue primarily through direct sales of its industrial equipment and solutions, complemented by comprehensive service agreements that enhance operational efficiency for clients.
The company's B2B transactions involve partnerships with large-scale industrial customers needing tailored air and gas handling technologies. For the most recent financial reporting year, Howden recorded revenues of USD 0 mn and an EBITDA of USD -21,296,385. 1. Following the Corporate Carve Out in June 2023, Howden plans to integrate new centrifugal compression capabilities into its product line, leveraging the acquisition to enhance its offerings.
The company is also targeting expansion into new markets, aiming to bolster its presence in Asia-Pacific and the Middle East by the end of 2024. The recent funding will be allocated to support these initiatives, enabling Howden to broaden its product range and improve efficiency across its operations.
Current Investors
Ingersoll Rand Inc., KPS Capital Partners
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Engineering, Facilities & Maintenance Services, Heating, Cooling & Ventilation Equipment and Services, Industrial Machinery
Website
www.howden.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Howden Group Limited - timeline of key events
Howden Group Limited - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | 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 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 93,078,000 | 121,237,000 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | 30.3% | (100.0%) | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | 12,577,000 | 18,845,000 | (11,023,000) | (13,490,000) | (11,219,000) | 2,168,000 | 3,826,000 | 1,944,000 | 6,293,000 | 533,000 | 21,260,000 | (4,326,000) | - | - | - |
| Operating Income (USD) | 8,968,000 | 14,986,000 | (12,179,000) | (14,726,000) | (12,798,000) | 361,000 | 1,808,000 | 161,000 | 4,586,000 | (2,417,000) | 20,272,000 | (5,684,000) | - | - | - |
| Operating Margin | 9.6% | 12.4% | - | - | - | - | - | - | - | - | - | - | - | - | - |
| % EBITDA Margin | 13.5% | 15.5% | - | - | - | - | - | - | - | - | - | - | - | - | - |
| NET Income (USD) | 6,899,000 | 17,533,000 | 220,341,000 | (12,624,000) | (15,450,000) | 398,000 | (64,000) | (1,409,000) | 2,622,000 | 34,367,000 | 12,704,000 | 10,825,000 | - | - | - |
| % Net Margin | 7.4% | 14.5% | - | - | - | - | - | - | - | - | - | - | - | - | - |
Howden Group Limited - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| N/A | Completed | Nehvizdy 1101 | - | ||||||||
| Corporate Carve Out | Completed | Howden Group Limited | - | ||||||||
| Trade Sale | Completed | Howden Group Limited | - | ||||||||
| Add-on | Completed | Compressor Products International LLC | - | ||||||||
| Add-on, Trade Sale | Completed | The Spencer Turbine Company | - |
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Howden Group Limited - employee data
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