The Energy Network (Aust) Pty Ltd.

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The Energy Network (Aust) Pty Ltd. - overview

Established

1998

Location

-, QLD, Australia

Primary Industry

Industrial Machinery

About

Based in Queensland, Australia, and founded in 1998, The Energy Network (Aust) Pty Ltd. also known as TEN Group, operates as a company dedicated to providing products and services to the electricity industry. In May 2023, Fortitude Investment Partners acquired a majority stake in TEN Group, The Energy Network. As of July 2023, the company operates in Queensland, New South Wales, Victoria, South Australia, Northern Territory, Tasmania, and, New Zealand & Pacific Islands, and is led by co-owner Corey Scott, and James Brown.


The Energy Network (Aust) Pty Ltd. product range covers an array of equipment, such as hydraulic tools, personal protective equipment (PPE), earthing solutions, hand tools, test equipment, fiberglass sticks, and accessories. Additionally, the company offers service and repair solutions, specialized stringing and cable hauling equipment for hire, and its manufacturing division produces canvas and PVC storage solutions, including stick bags, tool buckets, and specialized storage options.


Current Investors

Fortitude Investment Partners

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery, Industrial Wholesalers

Website

www.tengroup.com.au

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

The Energy Network (Aust) Pty Ltd. - 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)
BuyoutCompletedThe Energy Network (Aust) Pty Ltd.-

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