Proserv

Aberdeen, United Kingdom Founded: 1974 • Age: 52 yrs Acquired By glenn inniss investment
Provider of subsea control systems and monitoring solutions
Annual revenue - Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Proserv

Proserv is a company based in Aberdeen (United Kingdom) founded in 1974 was acquired by glenn inniss investment in July 2024. Proserv has completed 6 acquisitions, including G M Engineering, Krg Industries and Nautronix. Proserv offers products and services including Subsea Controls and Wind Controls.

  • Headquarter Aberdeen, United Kingdom
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Proserv Uk Ltd
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Barclays

    & 10 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    glenn inniss investment

    & 2 more

    (Jul 24, 2024)

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Products & Services of Proserv

Proserv offers a comprehensive portfolio of products and services, including Subsea Controls and Wind Controls.

Product name locked
Category locked
Primary

Subsea controls are delivered for managing greenfield and brownfield solutions to ensure reliable operations in underwater environments

Product name locked
Category locked
Locked

Wind controls are provided for turbine and cable monitoring to support integrity and performance in renewable energy infrastructure

People of Proserv

Headcount 1000-5000
Employee Profiles 13
Board Members and Advisors 1
Employee Profiles
People
Davis Larssen
CEO, Proserv Controls
People
Morag McGowan
VP, Human Resources
People
Geert Kooi
SVP, Operations
People
Jackie Lawrie
Account Manager

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Board Members and Advisors
people
David Currie
Chairman

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Funding Insights of Proserv

Investors in Proserv

Proserv has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Barclays, Lloyds Bank and KKR.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
Locked Locked Locked
Real estate fund, infrastructure fund, and private equity firm focused on multiple sectors
Locked Locked Locked
Business development and investment management services are provided.
Locked Locked Locked
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Investor details for Proserv

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Proserv

Proserv has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include G M Engineering, Krg Industries and Nautronix.

Investments
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Investment portfolio details for Proserv

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of bespoke engineering, ROV tooling, and other solutions
Locked Locked 2006 Locked
Manufacturer and exporter of industrial valves
Locked Locked 1996 Locked
Limited information available
Locked Locked 1996 Locked
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Complete acquisition details for Proserv

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Proserv

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Detailed financials for Proserv

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Proserv Comparisons

Proserv Primary company
Description
Provider of subsea control systems and monitoring solutions
Location
Aberdeen, United Kingdom
Founded Year
1974
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Proserv

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  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Proserv

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Detailed competitors of Proserv

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  • Domains and locations
  • Full company profiles
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Latest news on Proserv

KKR and Oaktree Acquire ProServ
Houston8 years ago
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Complete news archive for Proserv

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Proserv

Proserv was founded in 1974 and raised its 1st funding round 38 years after it was founded.

Proserv is headquartered in Aberdeen, United Kingdom. It is registered at Aberdeen, Scotland, United Kingdom.

Provider of subsea control systems and monitoring solutions. It designs, manufactures, and services control systems for critical infrastructure in the energy sector. These systems enhance reliability, integrity, and productivity through advanced data analytics and machine learning. The company offers solutions for control, monitoring, intelligence gathering, and optimization of subsea assets, prioritizing regeneration and upgrades over complete replacements to minimize costs and environmental impact. Services include system maintenance and repair, supporting various original equipment manufacturers equipment. A focus on efficient subsea power delivery is also a key area of development.

Proserv offers Subsea Controls and Wind Controls.

Proserv has made 6 acquisitions, including G M Engineering, Krg Industries, and Nautronix.

Proserv has 11 investors. Key investors include Barclays, Lloyds Bank, KKR, Santander Bank, and Wells Fargo.

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