About Ashtead Technology
Ashtead Technology is a publicly listed company based in Shoreview (United States) founded in 1985, and was acquired by APICORP in April 2016. Subsea equipment rental and solutions provided for offshore energy sector. It operates in the Industrial Goods & Manufacturing and Energy & Utilities sectors. The company has 650 employees. Ashtead Technology has completed 10 acquisitions, including Ace Winches, Aqua-Tech Solutions and Hiretech. Its website ashtead-technology.com draws about 25 thousand monthly visits. Its focus areas include Real Estate and Construction, Construction Equipment and Machinery, Multi-Category and Energy. Its legal entity is ASHTEAD TECHNOLOGY OFFSHORE, INC. Its competitors include SkySpecs and UpWind Solutions; 2 of its 2 listed competitors have raised funding.
Company details
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.
- Annual Revenue$273.61 M (USD)20.92as on Dec 31, 2025
- Net Profit$43.37 M (USD)11.94as on Dec 31, 2025
- EBITDA$109.21 M (USD)21.1as on Dec 31, 2025
- InvestorsAPICORP
& 2 more
- Employee Count650
- Investments & AcquisitionsAce Winches
& 9 more
- Acquired byAPICORP
(Apr 2016)
Apps and channels of Ashtead Technology
its YouTube channel Ashtead Technology has 272 subscribers and 30 videos.
Videos from Ashtead Technology
The most watched videos on Ashtead Technology's YouTube channel, Ashtead Technology (272 subscribers). Click a video to play it here.
More on Ashtead Technology.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Souter Investments is engaged in private equity investments. | 2008 | souterinvestments.com | Edinburgh, United Kingdom | |
Investments are focused on energy transition and sustainability. | 2021 | buckthornpartners.com | London, United Kingdom | |
Investment management services are provided by APICORP to regional clients. | 1975 | apicorp.org | Dammam, Saudi Arabia |
Investor details for Ashtead Technology
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People of Ashtead Technology
20 people are tracked at Ashtead Technology (6 in leadership, 14 in team); the tracked headcount is 650.
| Name | Role | Group |
|---|---|---|
Allan Pirie | Chief Executive Officer | Leadership |
Ingrid Stewart | Chief Financial Officer | Leadership |
Kerri Murphy | Marketing & Communications Director | Leadership |
Robert Gillespie | Commercial Director | Leadership |
Sofia Santos | Head Of Tax | Leadership |
Fabio D'Agostino | Business Development Director | Leadership |
Jonny Allen | Group Financial Controller | Team |
Hannah Proctor | Marketing Lead | Team |
Jay Neermul | Environment & RVI Market Manager | Team |
Jemma Morrison | Sales Administrator | Team |
Monique Hibbs | Regional Account Manager | Team |
Josh Thomas | Senior Sales Manager | Team |
Sarah Hope | Operations Manager | Team |
Denise Petrie | Senior Marketing & Communications Manager | Team |
Holly Forsyth | Group Marketing Specialist | Team |
Keith Turner | Regional Finance Manager | Team |
Hannah Duff | Assistant Accountant | Team |
Robin Bennett | Operations Manager | Team |
Emma McGeehan | Management Accountant | Team |
Erin Howie | Assistant Accountant | Team |
Complete people profiles for Ashtead Technology
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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.
- IPO date23 Nov 2021
- Listed onLSE: AT
- Listed entityAshtead Technology Holdings PLC
- Exchange sectorIndustrial services
- ISINGB00BLH42507
- Share price530.85 GBX (-0.59% on the day) · 2026-10-14
- Market capitalisation432,413,960.00 GBX
- Price to earnings13.5
- EPS (diluted, trailing year)0.39 GBX
- Dividend yield0.24%
- Volume (last session)100,862
Financials of Ashtead Technology
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 203.2M GBP | 32.2M GBP | 81.1M GBP |
| 2024 | 168.0M GBP | 28.8M GBP | 67.0M GBP |
| 2023 | 110.5M GBP | 21.6M GBP | 46.2M GBP |
| 2022 | 73.1M GBP | 12.4M GBP | 27.0M GBP |
| 2021 | 55.8M GBP | 2.5M GBP | 21.7M GBP |
Detailed financial statements for Ashtead Technology
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of subsea survey and rov tooling solutions | j2subsea.com | Aberdeen, United Kingdom | 2008 | Nov 2024 | •••• | |
Seatronics was founded in 1978 in Aberdeen, United Kingdom. | seatronics-group.com | Aberdeen, United Kingdom | 1978 | Nov 2024 | •••• | |
Provider of architectural design and project management services | seascans.com | 0 | Nov 2024 | •••• | ||
Manufacturer of winches and marine deck machineries | ace-winches.com | Turriff, United Kingdom | 2009 | Nov 2023 | $67.94M | |
Well services, pipeline maintenance, and chemical cleaning are provided. | hiretech.rentals | Aberdeen, United Kingdom | 2010 | Dec 2022 | $24.51M | |
Provider of ship repair and management services | wesubsea.no | Kristiansund, Norway | 2010 | Sep 2022 | •••• | |
Underwater cutting, dredging, and coating removal machines are manufactured. | underwatercuttingsolutions.com | Inverurie, United Kingdom | 2004 | Sep 2019 | •••• | |
Marine electronics and mechanical equipment rental and sales are provided. | aqua-techsolutions.com | Lafayette, United States | 2008 | Apr 2019 | •••• | |
Full-service mooring integrity engineering and inspection services are provided. | welaptega.com | Halifax, Canada | 1991 | Nov 2018 | •••• | |
Services for the air conditioning industry are provided. | tesme.com | United Kingdom | 2007 | Dec 2016 | •••• |
Complete acquisition details for Ashtead Technology
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Timeline of Ashtead Technology
13 dated milestones of Ashtead Technology across 39 years, from founding to its latest funding, stage changes and deals.
- Founded Ashtead Technology is founded.
- Exit Acquired by APICORP.
- Acquisition Acquires tesme.com.
- Acquisition Acquires Welaptega.
- Acquisition Acquires Aqua-Tech Solutions.
- Acquisition Acquires Underwater Cutting Solutions.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires WeSubsea.
- Acquisition Acquires Hiretech.
- Acquisition Acquires Ace Winches.
- Acquisition Acquires J2 Subsea.
- Acquisition Acquires Seatronics.
- Acquisition Acquires Seascans.
Competitors of Ashtead Technology
Ashtead Technology has 2 listed competitors in our database, 2 of them funded. They include SkySpecs and UpWind Solutions.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| skyspecs.com | 2012 | Ann Arbor, United States | $141.51M | UAV solutions for inspecting hard-to-reach structures are provided. | ||
| upwindsolutions.com | 2007 | San Diego, United States | $50.3M | Wind Turbine Operation & Maintenance provider |
Detailed competitors of Ashtead Technology
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Web traffic of Ashtead Technology
The website of Ashtead Technology (ashtead-technology.com) receives about 25.1K visits a month.
- Monthly visits25.1K
▼ 7.4% vs previous month
Websites whose visitors overlap most with Ashtead Technology. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sut.org | 100% | 22K | #1,282,291 | View details | |
| sonardyne.com | 86% | 43.6K | #789,341 | View details | |
xitechinc.com | xitechinc.com | 64% | – | ||
eqonline.com | eqonline.com | 64% | – | ||
emilcott.com | emilcott.com | 64% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for Ashtead Technology
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Top companies in Construction Equipment and Machinery
3 companies that operate in the same segment as Ashtead Technology (Construction Equipment and Machinery) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial tools and equipment are supplied globally by Kennametal. | 1938 | Latrobe, Pennsylvania, United States | USD 1.97 B | 8,119 | ||
Construction and industrial equipment is rented across North America. | 1983 | Fort Mill, South Carolina, United States | ||||
Tractors and mechanized off-highway equipment are manufactured. | 1837 | Moline, Illinois, United States | USD 45.63 B |
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Related news about Ashtead Technology
Complete news archive for Ashtead Technology
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Frequently Asked Questions about Ashtead Technology
Ashtead Technology was founded in 1985.
Ashtead Technology is headquartered in Shoreview, United States. It is registered at Shoreview, Minnesota, United States.
Ashtead Technology has 650 employees.
Annual revenue of Ashtead Technology is $273.61M as on Dec 31, 2025.
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.
Ashtead Technology's top competitors include SkySpecs and UpWind Solutions.
Yes, Ashtead Technology is publicly traded on LSE under the ticker symbol AT..
Ashtead Technology has made 10 acquisitions, including Ace Winches, Aqua-Tech Solutions, and Hiretech.
Ashtead Technology has 3 investors. Key investors include APICORP, Souter Investments, and Buckthorn Partners.
Ashtead Technology operates through Ashtead Technology Offshore, Inc..
Yes. Ashtead Technology was acquired by APICORP in April 2016.