OCU Group Limited
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OCU Group Limited - overview
Established
1994
Location
Stockport, -, UK
Primary Industry
Business Support Services
About
Based in Manchester, UK, and founded in 1994 by Tim and Tom O’Connor, O’Connor Utilities Limited operates as a utility service provider for various sectors. In July 2022, Triton Partners agreed to acquire OCU Group Limited, aka OCU, the holding company of O’Connor Utilities. O’Connor Utilities offers a wide range of utility services including design, planning, project management, installation, etc. for different sectors including electricity, gas, water, telecoms, rail, vegetation management, and directional drilling.
The company manages and operates its own transport and plant feet, and its process capabilities include construction, excavation, fabrication, maintenance and refurbishment, pipe laying, network design, tunneling, and many others. The completion of the acquisition by Triton Partners will support the firm’s strategy to further grow its core businesses and to pursue investments in non-regulated opportunities such as the renewable energy sector.
Current Investors
Triton
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services, Construction
Website
www.ocugroup.com/
Verticals
Infrastructure
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
OCU Group Limited - timeline of key events
OCU Group Limited - financials
| Fiscal Year Ended | Apr 30, 2016 | Apr 30, 2017 | Apr 30, 2018 | Apr 30, 2019 | Apr 30, 2020 | Apr 30, 2021 | Apr 30, 2022 | Apr 30, 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 74,581,500 | 118,947,710 | 136,041,063 | 150,498,406 | 206,083,911 | - | - | - |
| % Revenue Growth (YoY) | - | 59.5% | 14.4% | 10.6% | 36.9% | - | - | - |
| EBITDA (USD) | 8,511,826 | 11,923,121 | 14,217,610 | 16,078,427 | 22,980,538 | - | - | - |
| Operating Income (USD) | 5,743,268 | 8,861,307 | 10,702,884 | 12,566,660 | 18,601,125 | - | - | - |
| Operating Margin | 7.7% | 7.4% | 7.9% | 8.4% | 9.0% | - | - | - |
| % EBITDA Margin | 11.4% | 10.0% | 10.5% | 10.7% | 11.2% | - | - | - |
| NET Income (USD) | 4,153,558 | 6,683,538 | 8,092,831 | 9,950,638 | 14,874,013 | - | - | - |
| % Net Margin | 5.6% | 5.6% | 5.9% | 6.6% | 7.2% | - | - | - |
OCU 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Athena PTS | - | ||||||||
| Add-on | Completed | Valmech | - | ||||||||
| Add-on | Completed | Peter McCormack & Sons Ltd. | - | ||||||||
| Add-on | Completed | Purestream Industries Ltd | - | ||||||||
| Add-on | Completed | RJ McLeod (Contractors) Ltd | - |
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OCU Group Limited - employee data
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