www.kentplc.com
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www.kentplc.com - overview
Established
1994
Location
Dubai, -, United Arab Emirates
Primary Industry
Construction
About
Kentech Group, based in Saudi Arabia, delivers integrated energy services across the entire lifecycle of energy assets, focusing on sustainable solutions that span consulting, design, build, and maintenance for the energy sector. Founded in 1994 and headquartered in Dubai, United Arab Emirates, Kentech Group specializes in integrated energy services. The company has undergone strategic changes to adapt to market demands and enhance its offerings. It has secured funding through two significant deals, with the latest being a GROWTH round of USD 32.
00 mn in August 2023, led by Bluewater Energy. Kentech Group was targeted in the acquisition by Nesma & Partners Contracting Co. Ltd. , a portfolio company of Public Investment Fund, highlighting its strategic positioning in the energy sector.
Kentech provides integrated energy services encompassing the entire lifecycle of energy assets, from consulting and design to build, commissioning, and maintenance. Their core offerings are designed to address complex challenges in the energy sector, particularly in the transition to renewable energy while ensuring the sustainable extraction of oil and gas. Their services support a diverse client base, including energy companies, industrial firms, and government entities, with a focus on enhancing operational efficiency and sustainability. Kentech's solutions are deployed globally, with a significant presence in markets including the Middle East, Europe, North America, and Asia-Pacific, leveraging the expertise of its 13,000 employees.
Kentech's revenue model is primarily structured around business-to-business (B2B) transactions, offering a range of services that are typically contracted on a project basis or through long-term partnerships. The company engages with clients in various sectors, providing tailored solutions that may include fixed-price contracts, time-and-materials contracts, or ongoing service agreements. These engagements often involve comprehensive service packages that integrate multiple aspects of energy project management, from planning and execution to maintenance and decommissioning. Kentech Group plans to utilize the recent funding acquired in August 2023 to enhance its customer service solutions and maintain competitiveness in the marketplace.
The company is focused on expanding into new markets, particularly in regions where energy demand is expected to grow. The acquisition by Nesma & Partners is part of a broader strategy to enhance operational capacity and service delivery in line with evolving client needs.
Current Investors
Bluewater Energy
Primary Industry
Construction
Sub Industries
Facilities & Maintenance Services, Engineering, Consulting Services, Construction
Website
www.kentplc.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
www.kentplc.com - 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, LP Direct | Completed | Sudlows Consulting | - | ||||||||
| Add-on, LP Direct, Trade Sale | Completed | www.kentplc.com | - | ||||||||
| Add-on, Trade Sale | Completed | SNC-Lavalin Group Inc.'s energy unit | - | ||||||||
| Growth | Completed | www.kentplc.com | - |
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