IMTT

New Orleans, United States Founded: 1939 • Age: 87 yrs Acquired By Riverstone Holdings
Bulk liquid storage and handling services are provided globally.
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About IMTT

IMTT is a company based in New Orleans (United States) founded in 1939 was acquired by Riverstone Holdings in November 2020.. IMTT has completed 1 acquisition, including Epic Midstream. IMTT offers products and services including Bulk Liquid Storage and Logistics and Transportation. IMTT operates in a competitive market with competitors including Oiltanking, NextDecade, VTTI, Arc Logistics Partners and InfraStrata, among others.

  • Headquarter New Orleans, United States
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $600 M (USD), Post-IPO

    May 01, 2015

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Riverstone Holdings

    & 1 more

    (Nov 09, 2020)

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Products & Services of IMTT

IMTT offers a comprehensive portfolio of products and services, including Bulk Liquid Storage and Logistics and Transportation. 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

Handles storage of bulk liquids for industrial clients

Facilitates product movement via multiple transport modes

People of IMTT
Headcount 1000-5000
Employee Profiles 57
Employee Profiles
People
Matthew Courtney
Senior Vice President, Commercial And Business Development
People
Matthew Coscino
Corporate Development Associate
People
Richard Kitchen
Director, IT Operations
People
Richard Jurisich
General Counsel

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Funding Insights of IMTT

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $600.0M
  • First Round

    (01 May 2015)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2015 Amount Post-IPO - IMTT 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 IMTT

IMTT has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Macquarie Group and Riverstone Holdings. 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
Institutional
Investor Description Founded Year Domain Location
Asset management firm investing in energy, power, and infrastructure globally.
Founded Year Domain Location
A global financial services organization with Australian heritage is operated.
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 IMTT

IMTT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Epic Midstream. 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
Liquid bulk storage and logistics solutions provider
2012
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 - IMTT

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

Imtt Comparisons

Employees
+
Add Comparison
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Competitors of IMTT

IMTT 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 Oiltanking, NextDecade, VTTI, Arc Logistics Partners and InfraStrata, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Tank storage logistics are offered by Oiltanking for energy sectors.
domain founded_year HQ Location
Developer of LNG liquefaction and storage facility
domain founded_year HQ Location
Energy storage service provider for the oil & gas industry
domain founded_year HQ Location
Petroleum products are stored in dedicated terminals.
domain founded_year HQ Location
Provides comprehensive gas storage services and solutions.
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 Imtt

Frequently Asked Questions about IMTT

When was IMTT founded?

IMTT was founded in 1939 and raised its 1st funding round 76 years after it was founded.

Where is IMTT located?

IMTT is headquartered in New Orleans, United States. It is registered at New Orleans, Louisiana, United States.

Who is the current CEO of IMTT?

Richard Courtney is the current CEO of IMTT.

What does IMTT do?

IMTT was established in 1939 in New Orleans, United States, as a provider in the energy and chemicals sector. Bulk liquid commodities are stored and handled through a network of terminals across North America and select international sites. Services encompass terminal operations, logistics coordination, and compliance with regulatory standards for safe transport and distribution of petroleum products, chemicals, and other liquids. Leadership is provided by CEO and President Richard Courtney.

Who are the top competitors of IMTT?

IMTT's top competitors include NextDecade, Oiltanking and VTTI.

What products or services does IMTT offer?

IMTT offers Bulk Liquid Storage and Logistics and Transportation.

How many acquisitions has IMTT made?

IMTT has made 1 acquisition, including Epic Midstream.

Who are IMTT's investors?

IMTT has 2 investors. Key investors include Macquarie Group, and Riverstone Holdings.

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