Swift Technical Group
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.
Swift Technical Group - overview
Established
1984
Location
Houston, TX, US
Primary Industry
Business Support Services
About
Swift Technical Group provides innovative solutions in the oil and gas sector, focusing on enhancing operational efficiency through advanced software applications for various industries, including technology, finance, and healthcare. Founded in 1984, Swift Technical Group operates in Houston, US, and specializes in providing solutions for the oil and gas industry. In January 2016, the company merged with Air Energi to form Airswift Holdings Ltd. , expanding its geographical reach and service offerings.
The CEO is Janette Marx, who has a background in leading companies in the technical services sector. Swift Technical Group delivers advanced software applications designed to streamline operations and enhance productivity for mid-sized to large enterprises. Their solutions focus on overcoming challenges in data management, customer relationship management, and process automation. Targeting clients in North America, Europe, and Asia-Pacific, the company tailors its offerings to meet the specific needs of various industries, ensuring user-friendly interfaces and robust functionality.
In the most recent year, which is 2013, the company reported a revenue of USD 557. 28 mn, primarily generated through a subscription-based model that allows clients to access a suite of software services. Revenue is supplemented by B2B transactions and customized solutions that integrate seamlessly into clients' existing frameworks. Swift Technical Group aims to further enhance its product offerings and expand into new geographical regions.
The recent merger in January 2016 positions the company to broaden its market reach. Plans include introducing new products tailored to the evolving needs of clients and targeting expansion into specific regions to be determined by market demands. The merger is expected to facilitate this growth strategy by leveraging the combined capabilities of both entities.
Current Investors
Airswift Holdings Ltd.
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Oil & Gas, HR & Workforce Software
Website
www.swiftoilandgas.com
Company Stage
Merged
Total Amount Raised
Subscriber access only
Swift Technical Group - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Air Energi, Swift Technical Group | - | ||||||||
| Secondary Buyout | Completed | Swift Technical Group | - | ||||||||
| Buyout | Completed | Swift Technical Group | - |
Displaying 1 - 3 of 3

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.