Swift Technical Group

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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 TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
MergerCompletedAir Energi, Swift Technical Group-
Secondary BuyoutCompletedSwift Technical Group-
BuyoutCompletedSwift Technical Group-

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