About Dresser-Rand
Dresser-Rand is a company based in Houston (United States) founded in 1987 was acquired by Siemens in September 2014. The company has 760 employees as of March 28, 2024. Dresser-Rand has completed 2 acquisitions, including Peter Brotherhood and Synchrony.
- Headquarter Houston, United States
- Employees 760 as on 28 Mar, 2024
- Stage Public
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Email
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Phone
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Website
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Social
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- Legal Name Siemens Energy Industrial Turbomachinery India Private Limited
- Date of Incorporation 01 Dec, 1998
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$181.57 M (USD)46.91as on Mar 31, 2023
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Net Profit
$25.65 M (USD)32.32as on Mar 31, 2023
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EBITDA
$35.23 M (USD)40.8as on Mar 31, 2023
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Latest Funding Round
$4 M (USD), Grant
Sep 01, 2015
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Investors
Siemens
& 2 more
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Employee Count
760
as on Mar 28, 2024
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Investments & Acquisitions
Peter Brotherhood
& 1 more
- Acquired by
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People of Dresser-Rand
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Software Development Team
404 people
Sales and Marketing
145 people
Head Team
73 people
Leadership Team
72 people
Senior Team
60 people
Product Management Team
58 people
Project Team
55 people
Finance and Accounting
54 people
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Funding Insights of Dresser-Rand
Investors in Dresser-Rand
Dresser-Rand has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Siemens, First Reserve and DOE.
| Investor | Description | Founded Year | Domain | Location |
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Energy sector investments are managed via private equity.
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Locked | Locked | Locked | |
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Energy sources and policies are managed by the DOE.
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Industrial software is developed for automation, electrification, and digitalization solutions.
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Investor details for Dresser-Rand
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Investments & Acquisitions by Dresser-Rand
Dresser-Rand has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Peter Brotherhood and Synchrony.
Investment portfolio details for Dresser-Rand
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Synchrony is engaged in providing credit cards and banking services.
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Locked | Locked | 1993 | Locked | |
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Manufacturer and servicing of steam turbines, turbo generators, and steam compressors
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Locked | Locked | 1867 | Locked |
Complete acquisition details for Dresser-Rand
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Financial Statements - Dresser-Rand
Detailed financials for Dresser-Rand
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Dresser-Rand Comparisons
Peer comparison for Dresser-Rand
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Competitors of Dresser-Rand
Detailed competitors of Dresser-Rand
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Latest news on Dresser-Rand
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Frequently Asked Questions about Dresser-Rand
Dresser-Rand was founded in 1987 and raised its 1st funding round 28 years after it was founded.
Dresser-Rand is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
As of Mar 28, 2024, the latest employee count at Dresser-Rand is 760.
Annual revenue of Dresser-Rand is $181.57M as on Mar 31, 2023.
Founded in 1987 and based in Houston, United States, rotating equipment is provided by Dresser-Rand to the oil, gas, petrochemical, power, and process industries. Operations focus on a portfolio encompassing turbo and reciprocating compressors, steam turbines, industrial and aero-derivative gas turbines, high-speed engines, and modular power substations, supporting global energy and industrial applications.
Dresser-Rand has made 2 acquisitions, including Peter Brotherhood, and Synchrony.
Dresser-Rand has 3 investors. Key investors include Siemens, First Reserve, and DOE.