Ashtead Technology

Shoreview, United States Founded: 1985 • Age: 41 yrs Acquired By APICORP
Subsea equipment rental and solutions provided for offshore energy sector.
Annual revenue $210.5M Latest available
Total funding - Funding intelligence
Employees 650 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Industrial Goods & Manufacturing
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ashtead Technology Holdings Plc
Operational Areas
Industrial Goods & Manufacturing → Industrial Equipment & Machinery Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $210.54 M (USD)
    52.12
    as on Dec 31, 2024
  • Net Profit
    $36.06 M (USD)
    33.36
    as on Dec 31, 2024
  • EBITDA
    $83.91 M (USD)
    44.82
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
    APICORP

    & 2 more

  • Employee Count
    650

    as on Dec 31, 2024

  • Investments & Acquisitions
    Ace Winches

    & 9 more

  • 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.

Exchange: LSE · Ticker: AT. · Sector: Industrial services · UK

People of Ashtead Technology

Headcount 200-500
Employee Profiles 20
Employee Profiles
People
Allan Pirie
Chief Executive Officer
People
Hannah Proctor
Marketing Lead
People
Jay Neermul
Environment & RVI Market Manager
People
Jemma Morrison
Sales Administrator

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Funding Insights of Ashtead Technology

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Detailed funding history for Ashtead Technology

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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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Souter Investments is engaged in private equity investments.
Locked Locked Locked
Investments are focused on energy transition and sustainability.
Locked Locked Locked
Investment management services are provided by APICORP to regional clients.
Locked Locked Locked
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Investor details 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.

Investments
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Investment portfolio details for Ashtead Technology

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Well services, pipeline maintenance, and chemical cleaning are provided.
Locked Locked 2010 Locked
Provider of ship repair and management services
Locked Locked 2010 Locked
Manufacturer of winches and marine deck machineries
Locked Locked 2009 Locked
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Financial Statements - Ashtead Technology

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Ashtead Technology Comparisons

Ashtead Technology Primary company
Description
Subsea equipment rental and solutions provided for offshore ...
Location
Shoreview, United States
Founded Year
1985
Annual Revenue
$210.54 M (USD)
Net Profit
$36.06 M (USD)
EBITDA
$83.91 M (USD)
Employees
650
As of 2024
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Peer comparison for Ashtead Technology

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
UAV solutions for inspecting hard-to-reach structures are provided.
Locked Locked Locked
Offshore classification, training, advisory, and analytics services are provided.
Locked Locked Locked
Wind operation and maintenance services are provided globally.
Locked Locked Locked
Energy trading, asset management, and renewable solutions are provided.
Locked Locked Locked
Offers turbine blade maintenance services
Locked Locked Locked
Provider of surface protection and industrial services
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Detailed competitors of Ashtead Technology

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Latest news on 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.

As of Dec 31, 2024, the latest employee count at Ashtead Technology is 650.

Annual revenue of Ashtead Technology is $210.54M as on Dec 31, 2024.

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, Alpiq and DNV.

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.

The ticker symbol of Ashtead Technology is AT. on LSE.

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