Thiess

Brisbane, Australia Founded: 1933 • Age: 93 yrs Acquired By CIMIC
Drilling management solutions are provided for the mining sector.

About Thiess

Thiess is a company based in Brisbane (Australia) founded in 1933 was acquired by CIMIC in April 2024.. Thiess has completed 1 acquisition, including PYBAR.

  • Headquarter Brisbane, Australia
  • Sectors
    Natural Resources
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Thiess
Operational Areas
Natural Resources → Mining & Quarrying
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    CIMIC

    (Apr 24, 2024)

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People of Thiess
Headcount 10000+
Employee Profiles 186
Board Members and Advisors 5
Employee Profiles
People
Jade Matheson
Senior Civil Engineer
People
Rae O'Brien
Group Executive, Australia East
People
Pete Leemeijer
Manager, Cyber Security & Governance
People
Shankar Gopalan
Group Executive, Sustainability, Strategy & Safety

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Board Members and Advisors
people
Juan Santamaria
Director
people
Ayezan Malik
Director
people
Sharon Warburton
Director
people
Giorgio Furlani
Director

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Funding Insights of Thiess

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 Thiess

Thiess has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CIMIC Group. 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
Institutional
Investor Description Founded Year Domain Location
CIMIC Group is recognized as an engineering-led services provider in construction and resources.
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 Thiess

Thiess has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PYBAR. 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
Mining contracting services are provided in Australia.
1993
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 - Thiess

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

Thiess Comparisons

Employees
+
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Competitors of Thiess

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 Thiess

Frequently Asked Questions about Thiess

When was Thiess founded?

Thiess was founded in 1933.

Where is Thiess located?

Thiess is headquartered in Brisbane, Australia. It is registered at Brisbane, Queensland, Australia.

What does Thiess do?

Thiess was founded in 1933 and is based in Brisbane, Australia. Operations focus on the mining industry, where drilling management solutions are offered alongside services in development, extraction, processing, and remediation. Autonomous haulage and drilling systems are included, as well as remote control mechanisms, camera-based site monitoring, drill plan management, and equipment maintenance.

How many acquisitions has Thiess made?

Thiess has made 1 acquisition, including PYBAR.

Who are Thiess's investors?

Thiess has 1 investor. Key investors include CIMIC Group.

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