About Shawcor
Shawcor is a company based in Toronto (Canada) founded in 1930 was acquired by Tenaris in December 2023.. The company has 18 employees as of December 31, 2024. Shawcor has completed 5 acquisitions, including Desert NDT, Dhatec and Kanata Electronic Services. Shawcor offers products and services including OCTG and Offshore Line Pipe.
- Headquarter Toronto, Canada
- Employees 18 as on 31 Dec, 2024
- Stage Public
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Tenaris S.A.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$500 M (USD), Debt – Conventional
Mar 13, 2019
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Investors
Scotiabank
& 4 more
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Employee Count
18
as on Dec 31, 2024
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Investments & Acquisitions
Desert NDT
& 4 more
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Acquired by
Tenaris
(Dec 13, 2023)
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Products & Services of Shawcor
Shawcor offers a comprehensive portfolio of products and services, including OCTG and Offshore Line Pipe. 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.
Pipes for oil and gas drilling activities are supplied by Tenaris, including casing, tubing, and accessories.
Custom steel pipes for deep and ultra-deep water needs are developed by Tenaris for offshore applications.
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Software Development Team
172 people
Leadership Team
69 people
Human Resources and Administration
67 people
Operations Team
47 people
Maintenance Team
24 people
Finance and Accounting
23 people
Senior Team
21 people
Sales and Marketing
18 people
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Funding Insights of Shawcor
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $500.0M
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First Round
First Round
(01 Oct 2002)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Debt – Conventional - Shawcor | Valuation |
investors |
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| Mar, 2013 | Amount | Post-IPO - Shawcor | Valuation |
investors |
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| Oct, 2002 | Amount | Post-IPO - Shawcor | Valuation |
investors |
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| 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 Shawcor
Shawcor has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Scotiabank, JPMorgan Chase and Tenaris. 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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Founded Year | Domain | Location | |
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Commercial banking services are provided internationally by Scotiabank.
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Founded Year | Domain | Location | |
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Financial services are provided to consumers and corporations worldwide.
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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 Shawcor
Shawcor has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Desert NDT, Dhatec and Kanata Electronic Services. 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
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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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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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Provider of project management and technical development services
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1992 | ||||
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Non-destructive testing services are offered for industrial applications.
|
1989 | ||||
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Wastewater tank services are provided by ZCL Composites in Canada.
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1987 |
| 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 - Shawcor
| 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 |
Shawcor Comparisons
Competitors of Shawcor
| 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 Shawcor
When was Shawcor founded?
Shawcor was founded in 1930 and raised its 1st funding round 72 years after it was founded.
Where is Shawcor located?
Shawcor is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Shawcor?
S M Orr is the current CEO of Shawcor.
How many employees does Shawcor have?
As of Dec 31, 2024, the latest employee count at Shawcor is 18.
What does Shawcor do?
Founded in 1930 and headquartered in Toronto, Canada, Shawcor operates within the energy industry. Services and equipment for pipeline management are supplied, including advanced coatings for corrosion protection. Composite pipes and connection systems are also developed to enhance pipeline integrity and performance. Focus is placed on delivering practical solutions for energy infrastructure worldwide.
What products or services does Shawcor offer?
Shawcor offers OCTG and Offshore Line Pipe.
How many acquisitions has Shawcor made?
Shawcor has made 5 acquisitions, including Desert NDT, Dhatec, and Kanata Electronic Services.
Who are Shawcor's investors?
Shawcor has 5 investors. Key investors include Scotiabank, JPMorgan Chase, Tenaris, HSBC, and Export Development Bank of Egypt.