Skytanking Holding GmbH
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Skytanking Holding GmbH - overview
Location
Hamburg, -, Germany
Primary Industry
Oil & Gas
About
Skytanking Holding GmbH is a prominent provider of ground handling and into-plane fueling services, operating at over 100 airports in 15 countries. Their efficient solutions support the aviation sector by ensuring safe and reliable fueling operations. Skytanking Holding GmbH specializes in aviation fuel storage and ground handling services, established in Hamburg, Germany. The firm has executed 2 deals and serves a diverse range of clients including airlines and airports.
It operates globally, with a strategic focus on Europe, Asia, Africa, and Australia. The company's founder has a history of entrepreneurship, though specific previous ventures are not disclosed. Ranger Aerospace recently exited its stake in Skytanking Holding GmbH. Skytanking provides an extensive suite of aviation services, including management of aviation fuel storage and hydrant systems, alongside engineering support for airlines, airports, and oil companies.
Their operations encompass vehicle repairs, preventative maintenance, and consultancy services across various regional and international airports. With a workforce exceeding 2,900 employees, they ensure efficient refueling operations at both major international airports and smaller regional facilities. In the most recent year, Skytanking reported an EBITDA of USD 2,011,311. 8.
The company generates revenue through contractual agreements with clients in the aviation sector, focusing on both ground handling and into-plane fueling services. Their business model is primarily B2B, involving long-term partnerships that are tailored to specific client needs for fueling operations and ground handling services, thereby creating a consistent revenue stream through extensive service contracts. Skytanking aims to expand its geographical footprint, focusing on emerging markets in Asia and Africa by the end of 2025. The company is also developing new service offerings in advanced fuel management technologies, set to launch in 2024.
Recent funding will be leveraged to enhance operational capabilities and support their expansion into these targeted regions.
Primary Industry
Oil & Gas
Sub Industries
Petroleum Wholesale Distribution
Website
www.skytanking.com
Total Amount Raised
Subscriber access only
Skytanking Holding GmbH - financials
| Fiscal Year Ended | Dec 31, 2006 | Dec 31, 2007 | Dec 31, 2008 | Dec 31, 2009 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | 1,600,875.9 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income (USD) | 1,596,227.2 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| NET Income (USD) | 717,150.1 | (389,435) | (1,216,413.3) | 1,093,350.2 | 3,889,677.8 | - | - | - | - | - | - | - | - | - |
| % Net Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Skytanking Holding 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 | Skytanking Holding GmbH | - | ||||||||
| Unspecified Exit | Completed | Skytanking Holding GmbH | - |
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Skytanking Holding GmbH - employee data
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