About Gascan
Gascan is an Energy & Utilities company based in Lisbon (Portugal) founded in 1993 by Jose Megre Pires, and was acquired by UBS in February 2019. Propane gas supply and related services are provided continuously. Its focus areas include Energy, Oil & Gas Downstream, Fuel Distribution and Services. Its legal entity is Gascan S.A.
Company details
Gascan was established in 1993 in Lisbon, Portugal, within the energy sector focused on propane gas. Operations encompass continuous propane supply, customer support, technical assistance, and emergency response. Billing management and an online portal for account and consumption oversight are maintained. Equipment including water heaters, ovens, and stoves is sold, alongside installation and upkeep services. Solar energy options are also integrated into the offerings.
Investors in Gascan
Gascan has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include UBS, Explorer Investments and Artá Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Explorer Investments is recognized as Portugal’s leading independent alternatives fund manager. | 2003 | explorerinvestments.com | Lisbon, Portugal | |
Artá Capital is engaged in private equity investments in the Iberian market. | artacapital.com | Madrid, Spain | ||
Financial services are provided globally by UBS for wealth management. | 1862 | ubs.com | Zurich, Switzerland |
Investor details for Gascan
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People of Gascan
1 people are tracked at Gascan (1 in leadership).
| Name | Role | Group |
|---|---|---|
Jose Megre Pires | Founder | Leadership |
Complete people profiles for Gascan
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Timeline of Gascan
4 dated milestones of Gascan across 26 years, from founding to its latest funding, stage changes and deals.
- Founded Gascan is founded.
- Exit Acquired by Explorer Investments.
- Exit Acquired by Arta Capital.
- Exit Acquired by UBS.
Web traffic of Gascan
The website of Gascan (gascan.pt) receives about 6.6K visits a month.
- Monthly visits6.6K
▲ 44.8% vs previous month
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Frequently Asked Questions about Gascan
Gascan was founded in 1993.
Gascan is headquartered in Lisbon, Portugal.
Gascan was established in 1993 in Lisbon, Portugal, within the energy sector focused on propane gas. Operations encompass continuous propane supply, customer support, technical assistance, and emergency response. Billing management and an online portal for account and consumption oversight are maintained. Equipment including water heaters, ovens, and stoves is sold, alongside installation and upkeep services. Solar energy options are also integrated into the offerings.
Gascan has 3 investors. Key investors include UBS, Explorer Investments, and Artá Capital.
Gascan operates through Gascan S.A.
Yes. Gascan was acquired by UBS in February 2019.