About STATS Group
STATS Group is a company based in Inverurie (United Kingdom) founded in 1998, and was acquired by Mitsui in July 2023. Pipeline isolation, hot tapping, and plugging services are provided. STATS Group has raised $18.91 million across 2 funding rounds from investors including Mitsui & Co, Snap Ring Joint and BGF. The company has 311 employees. STATS Group has completed 1 acquisition, including Pipelines 2 Data. Its chief executive, as recorded, is Leigh Howarth. Its website statsgroup.com draws about 12 thousand monthly visits. STATS Group offers products and services including Pipeline Isolation and Hot Tapping and Line Plugging. Its legal entity is STATS Group Ltd.
Company details
Provider of pipeline isolation, hot tapping, and plugging services. These services enable safe and efficient maintenance and repair of onshore, topsides, and subsea pipeline infrastructure. The company supplies pressurised pipeline isolation tools and offers hot-work barriers and localised hydrostatic test tools. Mechanical pipe connectors are also provided as an alternative to welding, reducing costs and risks. Services cover the entire lifecycle of hydrocarbon assets, from construction and maintenance to decommissioning and new energy applications. Subsea solutions include inline isolation plugs, hot tapping and line plugging equipment, mechanical connectors, repair clamps, and pipeline retrieval tools. Topside and onshore solutions encompass inline isolation plugs, hot tapping and line plugging equipment, mechanical connectors, repair clamps, and weld test tools. Emergency pipeline repair systems are also offered to minimize downtime following incidents. Engineered solutions address complex pipeline integrity challenges.
- Annual Revenue$40.62 M (USD)-16as on Dec 31, 2016
- Net Profit-$1.8 M (USD)-67as on Dec 31, 2016
- Total Equity Funding$18.91M (USD)
in 2 rounds
- Latest Funding Round$6.7M (USD), Series B
Jan 2015
- InvestorsMitsui & Co.
& 2 more
- Employee Count311
- Investments & Acquisitions
- Acquired by
Products & Services of STATS Group
STATS Group offers a comprehensive portfolio of products and services, including Pipeline Isolation and Hot Tapping and Line Plugging.
Pipeline isolation services are provided to enable safe maintenance and repair of infrastructure in the energy sector.
Hot tapping and line plugging services are offered to facilitate repairs and modifications without full system shutdowns.
Funding Insights of STATS Group
STATS Group has successfully raised a total of $18.91M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $6.7 million completed in January 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $18.91M
- Total Rounds 2
- Last Round Series B — $6.7M
- First Round $12.22M
(Mar 2012)
- Investors Count 1
All 2 funding rounds of STATS Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
Investors in STATS Group
STATS Group has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Mitsui & Co, Snap Ring Joint and BGF.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland | bgf.co.uk | Belfast, United Kingdom | ||
Traditional conglomerate services are provided across multiple sectors by Mitsui. | 1947 | mitsui.com | Chiyoda City, Japan | |
Asset integrity management solutions and consulting services are offered. | 2011 | srj-technologies.com | Saint Helier, Channel Islands |
Investor details for STATS Group
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- Complete investor list
- Round participation
- Investor portfolios
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People of STATS Group
2 people are tracked at STATS Group (2 in leadership); the tracked headcount is 311.
| Name | Role | Group |
|---|---|---|
Leigh Howarth | CEO | Leadership |
Peter Alexander Duguid | Executive Director | Leadership |
Complete people profiles for STATS Group
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by STATS Group
STATS Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pipelines 2 Data.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Pipeline and pigging support management services are provided. | pipelines2data.com | Wilmslow, United Kingdom | 2007 | Apr 2026 | •••• |
Complete acquisition details for STATS Group
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- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of STATS Group
6 dated milestones of STATS Group across 28 years, from founding to its latest funding, stage changes and deals.
- Founded STATS Group is founded.
- Funding First funding round of $12.2M.
- Funding Latest funding round, Series B, of $6.7M.
- Exit Acquired by Snap Ring Joint.
- Exit Acquired by Mitsui.
- Acquisition Acquires Pipelines 2 Data.
Web traffic of STATS Group
The website of STATS Group (statsgroup.com) receives about 11.6K visits a month.
- Monthly visits11.6K
▼ 0.9% vs previous month
Websites whose visitors overlap most with STATS Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| foundocean.com | 100% | 2.3K | #8,972,310 | View details | |
rexa.com | rexa.com | 88% | #2,979,207 | – | |
osei.net | osei.net | 88% | – | ||
| questortech.com | 88% | 2.2K | #9,444,304 | View details | |
| vikoma.com | 88% | 1.3K | #12,869,484 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for STATS Group
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- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about STATS Group
STATS Group was founded in 1998 and raised its 1st funding round 14 years after it was founded.
STATS Group is headquartered in Inverurie, United Kingdom. It is registered at Inverurie, Scotland, United Kingdom.
Leigh Howarth is the CEO of STATS Group, as recorded in our data.
STATS Group is a funded company, having raised a total of $18.91M across 2 funding rounds to date. The company's 1st funding round was a Series A of $12.22M, raised on Mar 2012.
STATS Group has 311 employees.
Annual revenue of STATS Group is $40.62M as on Dec 31, 2016.
Provider of pipeline isolation, hot tapping, and plugging services. These services enable safe and efficient maintenance and repair of onshore, topsides, and subsea pipeline infrastructure. The company supplies pressurised pipeline isolation tools and offers hot-work barriers and localised hydrostatic test tools. Mechanical pipe connectors are also provided as an alternative to welding, reducing costs and risks. Services cover the entire lifecycle of hydrocarbon assets, from construction and maintenance to decommissioning and new energy applications. Subsea solutions include inline isolation plugs, hot tapping and line plugging equipment, mechanical connectors, repair clamps, and pipeline retrieval tools. Topside and onshore solutions encompass inline isolation plugs, hot tapping and line plugging equipment, mechanical connectors, repair clamps, and weld test tools. Emergency pipeline repair systems are also offered to minimize downtime following incidents. Engineered solutions address complex pipeline integrity challenges.
STATS Group offers Pipeline Isolation and Hot Tapping and Line Plugging.
STATS Group has made 1 acquisition, including Pipelines 2 Data.
STATS Group has 3 investors. Key investors include Mitsui & Co, Snap Ring Joint, and BGF.
STATS Group operates through Stats Group Ltd.
Yes. STATS Group was acquired by Mitsui in July 2023.