Rainham

Brentwood, United Kingdom Founded: 2002 • Age: 24 yrs Acquired By H.I.G. Capital
Provider of industrial services including accessscaffolding, mechanical, insulation, cleaning, coatings, and asbestos services.

About Rainham

Rainham is an Energy & Utilities company based in Brentwood (United Kingdom) founded in 2002, and was acquired by H.I.G. Capital in October 2024. It operates as a provider of industrial services including accessscaffolding, mechanical, insulation, cleaning, coatings, and asbestos services. The company has 554 employees. Rainham has completed 1 acquisition, including TEi. Its chief executive is Tim McCarthy. Rainham offers products and services including Access/Scaffolding, Mechanical Services, Thermal Insulation, Asbestos Services, and Industrial Cleaning. Its focus areas include Energy, Nuclear Energy, Project Development Services and Environment. Its legal entity is RAINHAM INDUSTRIAL SERVICES LIMITED. Its competitors include Tokamak Energy, PJD Group, Nuclear AMRC, Cavendish Nuclear and Crossfield Fusion and 2 more; 2 of its 7 listed competitors have raised funding.

Company details

Rainham Industrial Services was established in 2002 and is based in Brentwood, United Kingdom. Access and scaffolding, mechanical engineering, insulation, cleaning, coatings, and asbestos management services are delivered to sectors such as power generation, energy from waste, and oil and gas. Operations focus on industrial applications across these areas, with support for maintenance and compliance needs.

  • Headquarters Brentwood, United Kingdom
  • Employees 554
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website rainhamis.com
  • Social LinkedIn X
  • Acquired by H.I.G. Capital (Oct 2024)
  • Legal Name Rainham Industrial Services Limited
  • Date of Incorporation 05 Nov, 2002
  • Jurisdiction BRENTWOOD, ESSEX, ENGLAND
Key Metrics
  • Annual Revenue
    $97.56 M (USD)
    39
    as on Dec 31, 2022
  • Net Profit
    $2.16 M (USD)
    -7
    as on Dec 31, 2022
  • Investors
  • Employee Count
    554
  • Investments & Acquisitions
  • Acquired by

Products & Services of Rainham

Rainham offers a comprehensive portfolio of products and services, including Access/Scaffolding, Mechanical Services, Thermal Insulation, Asbestos Services, and Industrial Cleaning.

Access/Scaffolding
Construction Services

Provides access solutions for industrial maintenance and safety

Mechanical Services
Engineering Services

Offers mechanical repairs and installations for energy sectors

Thermal Insulation
Insulation Services

Delivers insulation to enhance industrial efficiency and safety

Asbestos Services
Hazard Management

Handles asbestos removal and compliance in industrial sites

Industrial Cleaning
Maintenance Services

Performs cleaning for operational reliability in various industries

Funding Insights of Rainham

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Rainham with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2020–Debt – Conventional––
Valuation history

2 investors in total: 2 institutional.

Investors in Rainham

Rainham has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Lloyds Bank and H.I.G. Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
-
–hig.com-
Commercial banking services are provided to retail and business clients.
1765lloydsbank.comLondon, United Kingdom
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Investor details for Rainham

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People of Rainham

8 people are tracked at Rainham (5 in leadership, 3 in team); the tracked headcount is 554.

NameRoleGroup
Tim McCarthy
CEOLeadership
Ben Rynston
Director Of Operations (mechanical Services)Leadership
Jamie Kent
Group CFOLeadership
Daniel Millward
Group Fp&a DirectorLeadership
Adam Crosswell
AWO Operations DirectorLeadership
Serdar Özdemir Engtech Techweldi
Quality Assurance EngineerTeam
Andrew Glanville
Contract ManagerTeam
Adam Burke
Coded WelderTeam
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Investments & Acquisitions by Rainham

Rainham has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TEi.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Commercial mechanical and engineering repair services are provided to clients.
tei.co.ukWakefield, United Kingdom2004Mar 2025β€’β€’β€’β€’
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Timeline of Rainham

4 dated milestones of Rainham across 23 years, from founding to its latest funding, stage changes and deals.

  1. Founded Rainham is founded.
  2. Funding First funding round.
  3. Exit Acquired by H.I.G. Capital.
  4. Acquisition Acquires TEi.

Competitors of Rainham

Rainham has 7 listed competitors in our database, 2 of them funded. They include Tokamak Energy, PJD Group, Nuclear AMRC, Cavendish Nuclear and Crossfield Fusion, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
tokamakenergy.com2009Abingdon, United Kingdom$212M170
Clean fusion energy and superconducting magnet technologies are developed.
pjdltd.com1984Stafford, United Kingdom––
Power plant repair, maintenance, upgrades, and shutdown services are offered.
namrc.co.uk2009Sheffield, United Kingdom––
Advanced manufacturing research and development for nuclear sector is provided.
cavendishnuclear.com2013Irlam, United Kingdom––
Offers nuclear decommissioning, clean energy, and defence project solutions worldwide.
crossfieldfusion.com2019United Kingdom$421,7384
Crossfield Fusion is focused on fusion fuel cycle technology.
doosanbabcock.com1891Crawley, United Kingdom––
EPC and asset management services provider for nuclear, thermal & petroleum indsutries
oxfordsigma.com2019Oxford, United Kingdom–4
Accelerates fusion energy commercialization to address energy security and climate change.
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Detailed competitors of Rainham

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Top companies in Nuclear & Fusion Energy

10 companies that operate in the same segment as Rainham (Nuclear & Fusion Energy), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of energy solutions
1925Juno Beach, Florida, United States–USD 26.53 B16,800
Fuel and power producer in the nuclear energy sector
2001United StatesUSD 307.86 M––
Clean energy solutions for generation, retail, and heating are provided.
1998Espoo, Finland–USD 5.86 B4,470
Advanced nuclear reactors are designed for low-carbon energy solutions.
2006Bellevue, Washington, United StatesUSD 1.46 B–299
Compact tokamak fusion reactors are developed with superconducting magnets.
2018Cambridge, Massachusetts, United StatesUSD 3.93 B––
Advanced nuclear reactors are designed, built, and operated by Newcleo.
2021London, England, United KingdomUSD 842.85 MUSD 11.38 M608
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation.
2010Redmond, Washington, United StatesUSD 1.44 B–593
Energy corporation
1903Newark, New Jersey, United States–USD 12.28 B13,050
Energy utilities, natural gas, and communications technology are provided.
1912United States–USD 29.55 B28,600
FRC nuclear fusion reactors are developed using advanced beam technology.
1998Lake Forest, California, United StatesUSD 1.32 B–304
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Related news about Rainham

Rainham’s Acquisition of TEi
Globallegalchronicle β€’ 1 year ago
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Frequently Asked Questions about Rainham

Rainham was founded in 2002 and raised its 1st funding round 18 years after it was founded.

Rainham is headquartered in Brentwood, United Kingdom. It is registered at Brentwood, Essex, United Kingdom.

Tim McCarthy is the current CEO of Rainham.

Rainham has 554 employees.

Annual revenue of Rainham is $97.56M as on Dec 31, 2022.

Rainham Industrial Services was established in 2002 and is based in Brentwood, United Kingdom. Access and scaffolding, mechanical engineering, insulation, cleaning, coatings, and asbestos management services are delivered to sectors such as power generation, energy from waste, and oil and gas. Operations focus on industrial applications across these areas, with support for maintenance and compliance needs.

Rainham's top competitors include Tokamak Energy, Doosan Babcock and PJD Group.

Rainham offers Access/Scaffolding, Mechanical Services, Thermal Insulation, Asbestos Services, and Industrial Cleaning.

Rainham has made 1 acquisition, including TEi.

Rainham has 2 investors. Key investors include Lloyds Bank, and H.I.G. Capital.

Rainham operates through Rainham Industrial Services Limited.

Yes. Rainham was acquired by H.I.G. Capital in October 2024.

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