RentAir Offshore
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
RentAir Offshore - overview
Location
Aberdeen, -, UK
Primary Industry
Oil & Gas
About
RentAir Offshore specializes in providing rental equipment and services for the offshore energy sector, focusing on enhancing operational safety and efficiency through innovative solutions. RentAir Offshore provides rental services specifically for the offshore energy market. The company was acquired by SCF Partners in January 2014, and later merged with Conserve Oilfield Services Limited, Jacks Winches, and Seanic Ocean Systems to form the Centurion Group. The company is headquartered in Aberdeen, UK.
RentAir Offshore delivers a comprehensive range of rental equipment and services tailored for the offshore energy sector. Their offerings include various technical and accommodation buildings, temporary power solutions, fluid filtration systems, and subsea services. These products are designed to meet the critical operational needs of clients in the oil and gas, renewables, and decommissioning sectors, ensuring safety and efficiency in challenging environments across the UK, Europe, Africa, and parts of the Middle East. In the most recent year, RentAir Offshore reported a revenue of USD 30.
59 mn and an EBITDA of USD 0. RentAir Offshore plans to expand its product offerings and enhance its market presence. Following its acquisition in January 2014, the company will utilize resources from its integration into the Centurion Group to innovate and launch new products targeted at improving efficiency and safety in offshore operations. Plans are in place to enter new geographic markets, particularly in Africa and the Middle East, by the end of 2015.
Current Investors
Centurion Group
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services
Website
www.rentairoffshore.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
RentAir Offshore - 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 | RentAir Offshore | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.