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.
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About Rainham

Rainham is a company based in Brentwood (United Kingdom) founded in 2002 was acquired by H.I.G. Capital in October 2024.. The company has 554 employees as of December 31, 2024. Rainham has completed 1 acquisition, including TEi. Rainham offers products and services including Access/Scaffolding, Mechanical Services, Thermal Insulation, Asbestos Services, and Industrial Cleaning. Rainham operates in a competitive market with competitors including Tokamak Energy, PJD Group, Nuclear AMRC, Cavendish Nuclear and Crossfield Fusion, among others.

  • Headquarter Brentwood, United Kingdom
  • Employees 554 as on 31 Dec, 2024
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Rainham Industrial Services Limited
  • Date of Incorporation 05 Nov, 2002
  • Jurisdiction BRENTWOOD, ESSEX, ENGLAND
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
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
  • EBITDA
  • Latest Funding Round
  • Investors
    Lloyds Bank

    & 1 more

  • Employee Count
    554

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    H.I.G. Capital

    (Oct 22, 2024)

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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. 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

Provides access solutions for industrial maintenance and safety

Offers mechanical repairs and installations for energy sectors

Delivers insulation to enhance industrial efficiency and safety

Handles asbestos removal and compliance in industrial sites

Performs cleaning for operational reliability in various industries

People of Rainham
Headcount 500-1000
Employee Profiles 8
Employee Profiles
People
Ben Rynston
Director Of Operations (mechanical Services)
People
Jamie Kent
Group CFO
People
Daniel Millward
Group Fp&a Director
People
Serdar Özdemir Engtech Techweldi
Quality Assurance Engineer

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Funding Insights of Rainham

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2020 Amount Debt – Conventional - Rainham 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 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. 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
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Commercial banking services are provided to retail and business clients.
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 Rainham

Rainham has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TEi. 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
Commercial mechanical and engineering repair services are provided to clients.
2004
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 - Rainham

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

Rainham Comparisons

Employees
+
Add Comparison
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Competitors of Rainham

Rainham 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 Tokamak Energy, PJD Group, Nuclear AMRC, Cavendish Nuclear and Crossfield Fusion, 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
Clean fusion energy and superconducting magnet technologies are developed.
domain founded_year HQ Location
Power plant repair, maintenance, upgrades, and shutdown services are offered.
domain founded_year HQ Location
Advanced manufacturing research and development for nuclear sector is provided.
domain founded_year HQ Location
Offers nuclear decommissioning, clean energy, and defence project solutions worldwide.
domain founded_year HQ Location
Crossfield Fusion is focused on fusion fuel cycle technology.
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 Rainham

Rainham’s Acquisition of TEi
Globallegalchronicle10 months ago

Frequently Asked Questions about Rainham

When was Rainham founded?

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

Where is Rainham located?

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

Who is the current CEO of Rainham?

Tim McCarthy is the current CEO of Rainham.

How many employees does Rainham have?

As of Dec 31, 2024, the latest employee count at Rainham is 554.

What is the annual revenue of Rainham?

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

What does Rainham do?

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.

Who are the top competitors of Rainham?

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

What products or services does Rainham offer?

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

How many acquisitions has Rainham made?

Rainham has made 1 acquisition, including TEi.

Who are Rainham's investors?

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

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