About PADI
PADI is a company based in Edinburgh (United Kingdom) founded in 1966 was acquired by Providence Equity Partners in June 2015. It operates as a Professional Services, and Subscription Services. PADI has completed 1 acquisition, including Diviac. PADI offers products and services including Open Water Diver Course, Advanced Open Water Diver, PADI Club Membership, and Dive Travel Booking.
- Headquarter Edinburgh, United Kingdom
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Professional Association Of Diving Instructors
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Altas
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Providence Equity Partners
(Jun 01, 2015)
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Products & Services of PADI
PADI offers a comprehensive portfolio of products and services, including Open Water Diver Course, Advanced Open Water Diver, PADI Club Membership, and Dive Travel Booking. 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.
Basic scuba diving skills are taught for certification.
Advanced diving techniques are provided for experienced divers.
Exclusive benefits and discounts are offered to members.
Dive vacations and trips are organized for divers.
Funding Insights of PADI
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Private Equity Round - PADI | Valuation |
investors |
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| Apr, 2017 | Amount | Private Equity Round - PADI | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PADI
PADI has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Altas, Florac and Providence Equity. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Florac is engaged in private equity investments for family wealth.
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Founded Year | Domain | Location | |
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Private equity investments in media, communications, education, and technology sectors.
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Founded Year | Domain | Location | |
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Altas is engaged in long-term business investments and partnerships.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PADI
PADI has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Diviac. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online booking platform for scuba diving packages
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PADI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Padi Comparisons
Competitors of PADI
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PADI
When was PADI founded?
PADI was founded in 1966 and raised its 1st funding round 51 years after it was founded.
Where is PADI located?
PADI is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
What does PADI do?
PADI, known as the Professional Association of Diving Instructors, is acknowledged worldwide for providing scuba diving training and certification programs. Various courses ranging from beginner to professional levels are offered, including Open Water Diver and Divemaster certifications. Services extend to dive travel bookings, conservation initiatives through the PADI AWARE Foundation, and membership benefits via PADI Club. Operations span multiple sectors such as leisure, education, and environmental conservation, with a network of dive centers and resorts globally. Solutions are tailored to enhance diving skills, promote ocean protection, and facilitate memorable dive experiences.
What products or services does PADI offer?
PADI offers Open Water Diver Course, Advanced Open Water Diver, PADI Club Membership, and Dive Travel Booking.
How many acquisitions has PADI made?
PADI has made 1 acquisition, including Diviac.
Who are PADI's investors?
PADI has 3 investors. Key investors include Altas, Florac, and Providence Equity.