About Ashtead Technology
Ashtead Technology is a company based in Shoreview (United States) founded in 1985 was acquired by APICORP in April 2016.. The company has 650 employees as of December 31, 2024. Ashtead Technology has completed 10 acquisitions, including Ace Winches, Aqua-Tech Solutions and Hiretech. Ashtead Technology operates in a competitive market with competitors including SkySpecs, DNV, Cadeler, Alpiq and GEV Wind Power, among others.
- Headquarter Shoreview, United States
- Employees 650 as on 31 Dec, 2024
- Stage Public
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Sectors
Industrial Goods & ManufacturingEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ashtead Technology Holdings Plc
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Annual Revenue
$210.54 M (USD)52.12as on Dec 31, 2024
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Net Profit
$36.06 M (USD)33.36as on Dec 31, 2024
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EBITDA
$83.91 M (USD)44.82as on Dec 31, 2024
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Latest Funding Round
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Investors
APICORP
& 2 more
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Employee Count
650
as on Dec 31, 2024
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Investments & Acquisitions
Ace Winches
& 9 more
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Acquired by
APICORP
(Apr 11, 2016)
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IPO & Listings of Ashtead Technology
Ashtead Technology is a publicly listed company on the LSE with ticker symbol AT. in UK, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Ashtead Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ashtead Technology
Ashtead Technology has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include APICORP, Souter Investments and Buckthorn Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Souter Investments is engaged in private equity investments.
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Founded Year | Domain | Location | |
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Investments are focused on energy transition and sustainability.
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Founded Year | Domain | Location | |
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Investment management services are provided by APICORP to regional clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ashtead Technology
Ashtead Technology has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Ace Winches, Aqua-Tech Solutions and Hiretech. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Well services, pipeline maintenance, and chemical cleaning are provided.
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2010 | ||||
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Provider of ship repair and management services
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2010 | ||||
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Manufacturer of winches and marine deck machineries
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ashtead Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ashtead Technology Comparisons
Competitors of Ashtead Technology
Ashtead Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SkySpecs, DNV, Cadeler, Alpiq and GEV Wind Power, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
UAV solutions for inspecting hard-to-reach structures are provided.
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| domain | founded_year | HQ Location |
Offshore classification, training, advisory, and analytics services are provided.
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| domain | founded_year | HQ Location |
Wind operation and maintenance services are provided globally.
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| domain | founded_year | HQ Location |
Energy trading, asset management, and renewable solutions are provided.
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| domain | founded_year | HQ Location |
Offers turbine blade maintenance services
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| domain | founded_year | HQ Location |
Provider of surface protection and industrial services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ashtead Technology
Frequently Asked Questions about Ashtead Technology
When was Ashtead Technology founded?
Ashtead Technology was founded in 1985.
Where is Ashtead Technology located?
Ashtead Technology is headquartered in Shoreview, United States. It is registered at Shoreview, Minnesota, United States.
How many employees does Ashtead Technology have?
As of Dec 31, 2024, the latest employee count at Ashtead Technology is 650.
What is the annual revenue of Ashtead Technology?
Annual revenue of Ashtead Technology is $210.54M as on Dec 31, 2024.
What does Ashtead Technology do?
Founded in 1985 and headquartered in Shoreview, United States, Ashtead Technology operates in the offshore energy sector. Subsea equipment rental and integrated solutions are offered across survey and robotics, mechanical services, and asset integrity. Support is extended to offshore renewable energy and oil gas projects, with technologies aimed at enhancing infrastructure performance, safety, and reliability. Training programs for engineers in onshore and offshore survey operations are also provided.
Who are the top competitors of Ashtead Technology?
Is Ashtead Technology publicly traded?
Yes, Ashtead Technology is publicly traded on LSE under the ticker symbol AT..
How many acquisitions has Ashtead Technology made?
Ashtead Technology has made 10 acquisitions, including Ace Winches, Aqua-Tech Solutions, and Hiretech.
Who are Ashtead Technology's investors?
Ashtead Technology has 3 investors. Key investors include APICORP, Souter Investments, and Buckthorn Partners.
What is Ashtead Technology's ticker symbol?
The ticker symbol of Ashtead Technology is AT. on LSE.
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