About The Sparrows Group
The Sparrows Group is a company based in Shoreview (United States) founded in 1975 was acquired by Altrad in March 2022. The company has 52 employees as of April 05, 2024. The Sparrows Group has completed 1 acquisition, including Altrad Alpha Wind Services. The Sparrows Group offers products and services including Engineering Services and Inspection Services.
- Headquarter Shoreview, United States
- Employees 52 as on 05 Apr, 2024
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Sparrows Offshore Services India Private Limited
- Date of Incorporation 10 May, 2010
- Jurisdiction Navi Mumbai, Maharashtra, India
-
Annual Revenue
$7.33 M (USD)196.55as on Mar 31, 2023
-
Net Profit
-$664.25 K (USD)32.86as on Mar 31, 2023
-
EBITDA
-$875.2 K (USD)-184.97as on Mar 31, 2023
-
Latest Funding Round
-
Investors
Altrad
& 3 more
-
Employee Count
52
as on Apr 05, 2024
- Investments & Acquisitions
-
Acquired by
Altrad
(Mar 02, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of The Sparrows Group
The Sparrows Group offers a comprehensive portfolio of products and services, including Engineering Services and Inspection Services.
Specialist engineering services are delivered for equipment in oil and gas operations.
Equipment inspection is performed for industrial and offshore energy markets.
Funding Insights of The Sparrows Group
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Debt – Conventional - The Sparrows Group | Valuation |
investors |
|
| Oct, 2012 | Amount | Private Equity Round - The Sparrows Group | Valuation |
investors |
|
| Mar, 2008 | Amount | Private Equity Round - The Sparrows Group | Valuation |
investors |
Investors in The Sparrows Group
The Sparrows Group has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Altrad, Epiris and CBPE Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
PE firm investing in the UK
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
Investments & Acquisitions by The Sparrows Group
The Sparrows Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Altrad Alpha Wind Services.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Specialist technical personnel and services are provided to the wind energy sector by Altrad Alpha.
|
2007 |
Financial Statements - The Sparrows Group
The Sparrows Group Comparisons
Competitors of The Sparrows Group
Latest news on The Sparrows Group
Frequently Asked Questions about The Sparrows Group
The Sparrows Group was founded in 1975 and raised its 1st funding round 33 years after it was founded.
The Sparrows Group is headquartered in Shoreview, United States. It is registered at Shoreview, Minnesota, United States.
As of Apr 05, 2024, the latest employee count at The Sparrows Group is 52.
Annual revenue of The Sparrows Group is $7.33M as on Mar 31, 2023.
Provider of engineering, inspection, and maintenance services for energy and industrial sectors. It offers services encompassing equipment inspection, maintenance, refurbishment, and specialist mechanical handling. These services are provided to owners and operators of plant and equipment, original equipment manufacturers (OEMs), and entities within the upstream oil and gas sector, including operators, engineering, procurement, and construction (EPC) companies, drillers, and vessel owners. Additionally, it provides services to the renewables sector, supporting onshore and offshore wind turbine OEMs and operators with blade integrity, balance of plant maintenance, and component exchange. The company also offers training programs to develop competence and reduce risk in the energy and industrial markets.
The Sparrows Group offers Engineering Services and Inspection Services.
The Sparrows Group has made 1 acquisition, including Altrad Alpha Wind Services.