Deepwater Corrosion Services

Houston, United States Founded: 1986 • Age: 40 yrs Acquired By Acteon Group
Cathodic protection systems and corrosion solutions are provided for infrastructure.

About Deepwater Corrosion Services

Deepwater Corrosion Services is a company based in Houston (United States) founded in 1986 was acquired by Acteon Group in December 2018.. Deepwater Corrosion Services has raised $8 million across 3 funding rounds from investors including Wells Fargo, Capital Southwest and Acteon. Deepwater Corrosion Services offers products and services including Cathodic Protection and Anode Retrofits.

  • Headquarter Houston, United States
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Deepwater Corrosion Services, Inc
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $8 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
    Wells Fargo

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Acteon Group

    (Dec 12, 2018)

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Products & Services of Deepwater Corrosion Services

Deepwater Corrosion Services offers a comprehensive portfolio of products and services, including Cathodic Protection and Anode Retrofits. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Cathodic protection is provided to safeguard infrastructure from corrosion, focusing on pipelines and platforms.

Anode retrofits are supplied for replacing failing systems on offshore assets, aiming to extend their operational life.

People of Deepwater Corrosion Services
Headcount 50-200
Employee Profiles 32
Employee Profiles
People
Brian Kindle
Quality Inspector
People
Brandon Lacroix
Business Development Manager
People
David Flanery
Director & Business Development Manager - APAC
People
Bing Strassburg
Sales

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Funding Insights of Deepwater Corrosion Services

Deepwater Corrosion Services has successfully raised a total of $8M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2013 Amount Debt – Conventional - Deepwater Corrosion Services Valuation

investors

Apr, 2013 Amount Private Equity Round - Deepwater Corrosion Services Valuation

investors

Sep, 2012 Amount Debt – Conventional - Deepwater Corrosion Services Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Deepwater Corrosion Services

Deepwater Corrosion Services has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Wells Fargo, Capital Southwest and Acteon. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investment firm
Founded Year Domain Location
-
Founded Year Domain Location
Diverse financial services and online banking are provided to clients.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Deepwater Corrosion Services

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Deepwater Corrosion Services

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Deepwater Corrosion Services Comparisons

Employees
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Competitors of Deepwater Corrosion Services

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Deepwater Corrosion Services

Frequently Asked Questions about Deepwater Corrosion Services

When was Deepwater Corrosion Services founded?

Deepwater Corrosion Services was founded in 1986 and raised its 1st funding round 26 years after it was founded.

Where is Deepwater Corrosion Services located?

Deepwater Corrosion Services is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Is Deepwater Corrosion Services a funded company?

Deepwater Corrosion Services is a funded company, having raised a total of $8M across 3 funding rounds to date.

What does Deepwater Corrosion Services do?

Deepwater Corrosion Services was founded in 1986 in Houston, United States, within the corrosion control sector. Anode systems are designed, engineered, and manufactured for pipelines, platforms, offshore wind turbines, docks, terminals, and deepwater projects. Services encompass inspections, surveys, predictive modeling, and failure analysis. Monitoring equipment and retrofit solutions are supplied for existing assets. Operations focus on asset lifespan extension and maintenance cost reduction through established technologies.

What products or services does Deepwater Corrosion Services offer?

Deepwater Corrosion Services offers Cathodic Protection and Anode Retrofits.

Who are Deepwater Corrosion Services's investors?

Deepwater Corrosion Services has 4 investors. Key investors include Wells Fargo, Capital Southwest, Acteon, and BHC Capital Partners.

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