RMG Messtechnik GmbH
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RMG Messtechnik GmbH - overview
Location
Kassel, -, Germany
Primary Industry
Oil & Gas
About
RMG Messtechnik GmbH specializes in developing and manufacturing advanced gas measurement and analysis solutions for various industrial applications, ensuring precision and compliance in gas flow measurement. RMG Messtechnik GmbH provides specialized gas measurement solutions primarily for industrial applications. Founded in Kassel, Germany, the company has undergone strategic pivots to enhance its product offerings. The current CEO is Thorsten Dietz.
In February 2017, RMG was acquired by Mercia Fund Managers, with details of the deal not disclosed. The company has successfully completed a total of 3 deals, with the most recent deal occurring on February 3, 2017. It has raised a total of USD 400. 00 mn through its latest funding round, categorized as a Trade Sale.
RMG specializes in the development and manufacturing of advanced gas measurement and analysis solutions. The company’s core product offering includes precision gas meters and analytical instruments designed for various applications such as industrial gas distribution, energy production, and environmental monitoring. These products function by providing accurate measurements of gas flow rates, compositions, and concentrations, which are crucial for optimizing processes and ensuring compliance with regulatory standards. RMG serves a diverse clientele, including utilities, industrial manufacturers, and environmental agencies across multiple geographical markets, including Europe, North America, and Asia.
Their products play a vital role in sectors such as energy, oil and gas, and environmental protection, addressing the need for reliable gas measurement and analysis in both operational efficiency and safety compliance. In the most recent financial year of 2022, RMG Messtechnik GmbH reported a revenue of USD 39. 85 mn and an EBITDA of USD 4. 10 mn.
The company operates primarily through B2B transactions, engaging directly with industrial clients and utility companies. Revenue is generated through the sale of gas measurement and analytical devices, which include flagship products known for their reliability and precision. Transactions occur via direct sales agreements, with customers either purchasing equipment outright or entering into service contracts for ongoing maintenance and support, which often include provisions for regular calibration and servicing of equipment to ensure optimal performance. RMG Messtechnik GmbH is actively pursuing future growth by designing new products aimed at enhancing its gas measurement and analysis capabilities.
The company plans to expand into new geographical markets, although specific regions and timelines are not detailed. The recent funding from the Trade Sale in February 2017 will be utilized to support these initiatives, focusing on innovation in product development and market penetration strategies.
Current Investors
Mercia Asset Management
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services, Oil & Gas Exploration and Production
Website
www.rmg.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
RMG Messtechnik GmbH - timeline of key events
RMG Messtechnik GmbH - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Sep 30, 2016 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 35,745,594 | 42,643,746.4 | 44,083,527 | 32,338,278 | 35,257,555.1 | 15,844,766 | 7,702,211 | 25,926,551.6 | 26,663,301.9 | 35,951,511.3 | 43,719,407.5 | - | - | - |
| % Revenue Growth (YoY) | - | 19.3% | 3.4% | (26.6%) | 9.0% | - | - | - | 2.8% | 34.8% | 21.6% | - | - | - |
| EBITDA (USD) | 2,485,150.7 | 4,590,039.1 | 3,181,470.6 | (4,940,091.5) | 1,572,569.7 | (2,810,281.1) | 1,769,035.3 | 1,052,294.8 | 1,242,706.3 | 3,808,368.7 | 4,835,734.1 | - | - | - |
| Operating Income (USD) | 1,964,219.6 | 4,014,764.7 | 2,654,750.2 | (5,470,490) | 1,089,436.7 | (3,204,426.8) | 1,667,238.4 | 603,160.1 | 554,733.3 | 3,207,015.5 | 4,394,618.6 | - | - | - |
| Operating Margin | 5.5% | 9.4% | 6.0% | (16.9%) | 3.1% | (20.2%) | 21.6% | 2.3% | 2.1% | 8.9% | 10.1% | - | - | - |
| % EBITDA Margin | 7.0% | 10.8% | 7.2% | (15.3%) | 4.5% | (17.7%) | 23.0% | 4.1% | 4.7% | 10.6% | 11.1% | - | - | - |
| NET Income (USD) | 1,990,543.5 | 3,816,626.1 | 2,369,573.7 | (5,702,805.2) | 1,262,679.6 | (3,311,041.9) | 1,156,609.5 | 261,685.7 | 286,714.6 | 2,139,147.2 | 2,909,574 | - | - | - |
| % Net Margin | 5.6% | 9.0% | 5.4% | (17.6%) | 3.6% | (20.9%) | 15.0% | 1.0% | 1.1% | 6.0% | 6.7% | - | - | - |
RMG Messtechnik GmbH - 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 | RMG Messtechnik GmbH | - | ||||||||
| Trade Sale | Completed | RMG Messtechnik GmbH | - | ||||||||
| Buyout | Completed | RMG Messtechnik GmbH | - |
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RMG Messtechnik GmbH - employee data
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