United Corporation
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United Corporation - overview
Established
1982
Location
Akita, -, Japan
Primary Industry
Environmental Services
About
United Corporation is a Japanese company focused on industrial waste management, construction, and renewable energy solutions, providing essential services to businesses across Japan. Founded in 1982 in Akita, Japan, United Corporation specializes in waste management and construction services. The company has undergone strategic changes to broaden its service offerings and now operates primarily in urban and industrial regions. Dattatrey Patel and Terry Weatherspoon are the founders, with Mitesh Saraf serving as the CEO.
In July 2018, MSD Investments acquired a majority stake in United Corporation for approximately JPY 2 billion, marking the company's latest investment milestone. The total amount raised by the firm is JPY 2 billion, with this round being classified as a Buyout. United Corporation specializes in the processing, disposal, and transportation of industrial waste, alongside construction and demolition services and renewable energy solutions. They offer industrial waste collection, special management waste services, and disposal solutions, catering to construction firms, industrial manufacturers, and municipal entities, ensuring environmental compliance across various sectors.
In the most recent year, 2023, United Corporation reported a revenue of JPY 23,490,287 and an EBITDA of JPY 4,847,554. 5. The company operates on a service-based revenue model, primarily engaging in B2B contracts that are structured around the volume and type of waste processed and the scope of construction services provided. United Corporation aims to enhance its service offerings and expand into new markets by launching innovative waste management solutions in the coming year.
The company plans to target urban centers across Japan for geographic expansion by 2025. The recent funding of JPY 2 billion will be utilized to support these initiatives, including the development of new products and services designed to meet emerging environmental regulations.
Current Investors
MSD Investments
Primary Industry
Environmental Services
Sub Industries
Waste to Energy, Biomass, Construction, Recycling
Website
www.united-k.jp/index.html
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
United Corporation - timeline of key events
United Corporation - financials
| Fiscal Year Ended | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,659,000,000 | 1,804,000,000 | 2,121,000,000 | 2,188,000,000 | 2,677,000,000 | 2,463,000,000 | 2,370,000,000 | 2,506,000,000 | 2,567,000,000 | 3,013,000,000 | 3,126,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 8.7% | 17.6% | 3.2% | 22.3% | (8.0%) | (3.8%) | 5.7% | 2.4% | 17.4% | 3.8% | - | - | - |
| EBITDA (USD) | (10,000,000) | 105,000,000 | 192,000,000 | 198,000,000 | 304,000,000 | 261,000,000 | 177,000,000 | 315,000,000 | 58,000,000 | 470,000,000 | 732,000,000 | - | - | - |
| Operating Income (USD) | (10,000,000) | 105,000,000 | 192,000,000 | 198,000,000 | 304,000,000 | 261,000,000 | 177,000,000 | 315,000,000 | 58,000,000 | 470,000,000 | 732,000,000 | - | - | - |
| Operating Margin | (0.6%) | 5.8% | 9.1% | 9.0% | 11.4% | 10.6% | 7.5% | 12.6% | 2.3% | 15.6% | 23.4% | - | - | - |
| % EBITDA Margin | (0.6%) | 5.8% | 9.1% | 9.0% | 11.4% | 10.6% | 7.5% | 12.6% | 2.3% | 15.6% | 23.4% | - | - | - |
| NET Income (USD) | (46,000,000) | 12,000,000 | 23,000,000 | 130,000,000 | 75,000,000 | 139,000,000 | 115,000,000 | 134,000,000 | 44,000,000 | 317,000,000 | 548,000,000 | - | - | - |
| % Net Margin | (2.8%) | 0.7% | 1.1% | 5.9% | 2.8% | 5.6% | 4.9% | 5.3% | 1.7% | 10.5% | 17.5% | - | - | - |
United Corporation - 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 | United Corporation | - |
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United Corporation - employee data
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