Glacier Energy

Glasgow, United Kingdom Founded: 2011 • Age: 15 yrs Acquired By Denholm Energy
Infrastructure services, products, and solutions are provided globally.
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About Glacier Energy

Glacier Energy is a company based in Glasgow (United Kingdom) founded in 2011 was acquired by Denholm Energy in April 2025.. Glacier Energy has completed 2 acquisitions, including Advancedgroupservices and Francis Brown. Glacier Energy offers products and services including Heat Transfer Equipment and NDT & Inspection Services.

  • Headquarter Glasgow, United Kingdom
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Glacier Energy
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
    $11.67 M (USD)
    -7
    as on Mar 31, 2021
  • Net Profit
    $-2.36 M (USD)
    -72
    as on Mar 31, 2023
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Denholm Energy

    & 1 more

    (Apr 10, 2025)

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Products & Services of Glacier Energy

Glacier Energy offers a comprehensive portfolio of products and services, including Heat Transfer Equipment and NDT & Inspection Services. 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

Design and manufacture of heat exchangers and pressure vessels are provided for energy applications.

Non-destructive testing and advanced inspection services are offered for asset integrity in energy sectors.

People of Glacier Energy
Headcount 200-500
Employee Profiles 5
Employee Profiles
People
Scott Martin
Group Chief Executive Officer
People
Ryan Bell
Senior Key Account Manager
People
Tracie Watson
Group Business Development Director
People
Megan McBeath
Marketing Executive

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Funding Insights of Glacier Energy

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2024 Amount Seed - Glacier Energy Valuation BGF , Averroes Capital
Mar, 2011 Amount Seed - Glacier Energy 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 Glacier Energy

Glacier Energy has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Maven Capital Partners, BGF and Averroes Capital. 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
Investor Description Founded Year Domain Location
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
Founded Year Domain Location
Averroes Capital is engaged in mid-market private equity investments.
Founded Year Domain Location
Multiple sectors are targeted for private equity investments.
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 Glacier Energy

Glacier Energy has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Advancedgroupservices and Francis Brown. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of fabrication and engineering services for chemical, oil & gas, and other industries
1903
Heat exchangers and related equipment are manufactured for various sectors.
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Glacier Energy

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

Glacier Energy Comparisons

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Competitors of Glacier Energy

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 Glacier Energy

Frequently Asked Questions about Glacier Energy

When was Glacier Energy founded?

Glacier Energy was founded in 2011.

Where is Glacier Energy located?

Glacier Energy is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.

What is the annual revenue of Glacier Energy?

Annual revenue of Glacier Energy is $11.67M as on Mar 31, 2021.

What does Glacier Energy do?

Glacier Energy was established in 2011 and is headquartered in Glasgow, United Kingdom. Infrastructure services, products, and solutions are delivered by the company within the energy sector. Operations encompass the provision of essential support for energy infrastructure projects, including maintenance, equipment supply, and technical solutions. Activities are centered in the UK with potential international reach through partnerships. The domain glacierenergy.com is utilized for online presence and client engagement.

What products or services does Glacier Energy offer?

Glacier Energy offers Heat Transfer Equipment and NDT & Inspection Services.

How many acquisitions has Glacier Energy made?

Glacier Energy has made 2 acquisitions, including Advancedgroupservices, and Francis Brown.

Who are Glacier Energy's investors?

Glacier Energy has 4 investors. Key investors include Maven Capital Partners, BGF, Averroes Capital, and Denholm Energy.

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