Steam Plant Engineering Ltd.
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Steam Plant Engineering Ltd. - overview
Established
2001
Location
-, West Midlands, UK
Primary Industry
Industrial Machinery
About
Based in the UK, and founded in 2001 by Dan Garbett, Steam Plant Engineering Ltd. specialized in the field of industrial boiler services focused on Fire Tube Steam Boilers. The company worked for a variety of customers overseas in Ghana, Greece, Ireland, and the Netherlands and employs around 30 people. In August 2021, Steam Plant Engineering Ltd.
was acquired by Babcock Wanson. The firm offers services including steam boilers installations, steam system design & pipework installations, insurance preparation, retubing & weld repair specialists, industrial valve service & supply, burner replacement & boiler control upgrades, hotwell & skid unit design & manufacture, and economizer installation & repair. In 2020, the company had a turnover of around GPB 4 million. Through the acquisition of Babcock Wanson, the company will continue to develop its products and preserve its current structure.
Current Investors
Babcock Wanson Group
Primary Industry
Industrial Machinery
Sub Industries
Facilities & Maintenance Services, Industrial Machinery
Website
www.steamplant.net
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Steam Plant Engineering Ltd. - timeline of key events
Steam Plant Engineering Ltd. - financials
| Fiscal Year Ended | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|
| Revenue (USD) | 2,807,641 | 3,461,829 | - | - | - |
| % Revenue Growth (YoY) | - | 23.3% | - | - | - |
| EBITDA (USD) | 491,324 | 221,490 | - | - | - |
| Operating Income (USD) | 418,204 | 58,727 | - | - | - |
| Operating Margin | 14.9% | 1.7% | - | - | - |
| % EBITDA Margin | 17.5% | 6.4% | - | - | - |
| NET Income (USD) | 343,787 | 41,084 | - | - | - |
| % Net Margin | 12.2% | 1.2% | - | - | - |
Steam Plant Engineering Ltd. - 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 | Steam Plant Engineering Ltd. | - |
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Steam Plant Engineering Ltd. - employee data
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