Wates Group

Leatherhead, United Kingdom Founded: 1897 • Age: 129 yrs
Real estate development services are provided across the United Kingdom.
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About Wates Group

Wates Group is a company based in Leatherhead (United Kingdom) founded in 1897.. Wates Group has completed 1 acquisition, including Liberty. Wates Group offers products and services including DEVELOP, BUILD, and MAINTAIN. Wates Group operates in a competitive market with competitors including Vingroup, Lendlease, Lodha Group, Vanke and Frasers Property, among others.

  • Headquarter Leatherhead, United Kingdom
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Wates Group Limited
Operational Areas
Real Estate & Construction → Construction, Engineering & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $118.59 M (USD), Debt – Conventional

    Mar 28, 2022

  • Investors
    HSBC

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Wates Group

Wates Group offers a comprehensive portfolio of products and services, including DEVELOP, BUILD, and MAINTAIN. 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

Invests in community land and residential projects.

Delivers building projects for commercial and public sectors.

Keeps properties clean, safe, and energy-efficient.

People of Wates Group
Headcount 1000-5000
Employee Profiles 328
Board Members and Advisors 8
Employee Profiles
People
Phil Sperring
Director
People
Steve Pratt
Supply Chain Manager
People
Zak Hussain
Trainee Manager
People
Dismy Damiyan
Trainee

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Board Members and Advisors
people
Andrew Wates
Director
people
Charles Wates
Director
people
Jonathan Wates
Director
people
Timothy Wates
Chair

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Funding Insights of Wates Group

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $118.6M
  • First Round

    (28 Mar 2022)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2022 Amount Debt – Conventional - Wates Group 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 Wates Group

Wates Group has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include HSBC, Lloyds Bank and AIB Bank. 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
Commercial banking services are provided to retail and business clients.
Founded Year Domain Location
Universal banking and financial advisory services are provided globally.
Founded Year Domain Location
Commercial banking services are provided to individuals and businesses.
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 Wates Group

Wates Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Liberty. 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
Property services are provided by Liberty for maintenance and decarbonisation.
1969
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 - Wates Group

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

Wates Group Comparisons

Employees
+
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Competitors of Wates Group

Wates Group 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 Vingroup, Lendlease, Lodha Group, Vanke and Frasers Property, 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
Real estate development and management services are offered by Vingroup.
domain founded_year HQ Location
Sustainable project development and maintenance services are provided worldwide.
domain founded_year HQ Location
Developer of residential and commercial real estate properties
domain founded_year HQ Location
Real estate properties are developed in over 50 cities.
domain founded_year HQ Location
Residential and commercial properties are developed and managed across regions.
domain founded_year HQ Location
Eiffage is engaged in construction, energy, and infrastructure concessions.
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 Wates Group

Frequently Asked Questions about Wates Group

When was Wates Group founded?

Wates Group was founded in 1897 and raised its 1st funding round 125 years after it was founded.

Where is Wates Group located?

Wates Group is headquartered in Leatherhead, United Kingdom.

Who is the current CEO of Wates Group?

David Allen is the current CEO of Wates Group.

What does Wates Group do?

Wates Group was established in 1897 and operates in the real estate sector from its base in Leatherhead, United Kingdom. Construction and development projects are managed, including residential, commercial, and infrastructure initiatives. Services encompass planning, building, and maintenance for various clients. Leadership is provided by CEO David Allen and Director George Mosey, with activities focused on sustainable practices within the domestic market.

Who are the top competitors of Wates Group?

Wates Group's top competitors include Godrej Properties, Vingroup and DLF India.

What products or services does Wates Group offer?

Wates Group offers DEVELOP, BUILD, and MAINTAIN.

How many acquisitions has Wates Group made?

Wates Group has made 1 acquisition, including Liberty.

Who are Wates Group's investors?

Wates Group has 3 investors. Key investors include HSBC, Lloyds Bank, and AIB Bank.

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