Aggreko - M&A Summary, Ownership, and Business Overview

Test/measurement EquipmentCompany

Aggreko M&A Summary

Aggreko has acquired 15 companies of its own, including 2 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset.

Aggreko’s largest acquisition to date was in 2022, when it acquired Resolute Industrial for $440M. It’s largest disclosed sale occurred in 2008, when it sold Aggreko’s European OFA rental to Atlas Copco AB for $16M. Aggreko has acquired in 8 different US states, and 8 countries. The Company’s most targeted sectors include energy services and equipment (27%) and retail (27%).

Aggreko Ownership

Who owns Aggreko?

Aggreko is owned by I Squared Capital and TDR Capital. It was acquired on August 16, 2021.

Is Aggreko PE-backed?

Yes. Aggreko is owned by private equity investors I Squared Capital and TDR Capital.

Aggreko Business Overview

Where is Aggreko headquartered?

Aggreko is headquartered in Dumbarton, United Kingdom.

What is Aggreko’s revenue?

Aggreko disclosed revenue of 1,365M GBP for 2020 and 1,613M GBP for 2019.

How many employees does Aggreko have?

Aggreko has 6,000 employees.

What sector is Aggreko in?

Aggreko is a test/measurement equipment company.

When was Aggreko founded?

Aggreko was founded in 1962.

M&A Summary

  • M&A Total Activity16
    • M&A Buy Activity15
    • M&A Sell Activity1
  • Total Sectors Invested 8
  • Total Countries Invested 8
  • M&A Buy/Sell Connections 5
  • M&A Advisors 1

Aggreko

Aggreko Ltd.

Lomondgate, Stirling Road,
Dumbarton, G82 3RG
United Kingdom,
+44 03330 606 500
www.aggreko.com

Aggreko is a global provider of mobile modular power, temperature control and energy services, including micro grids and remote monitoring, to commercial and industrial customers serving multiple end markets across operations in 80 countries. Aggreko was founded in 1962 and is based in Dumbarton, United Kingdom.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 13 - - 1 - 1 15
vol $534M $440M $974M
Sell (0.0/yr) # 1 - - - - - 1
vol $16M $16M
  16

Most Recent M&A

Company Date Value Type
Infiniti Energy 2024-07-08 - Add-on Acquisition
Howell, New Jersey · www.infinitienergy.com
Resolute Industrial LLC 2022-12-28 440M USD Add-on Acquisition
Indianapolis, Indiana · www.resolute-industrial.com
A Contact Electric Rentals LP 2018-02-14 - Add-on Acquisition
Houston, Texas · www.acontact.com
Younicos AG 2017-07-03 52M USD Add-on Acquisition
Berlin, Germany · www.younicos.com
Kerta Bumni Teknindo 2017-06-14 33M USD Add-on Acquisition
, Indonesia
TuCo Industrial Products, Inc. 2017-01-27 - Add-on Acquisition
Lynnwood, Washington · www.tucoheat.com
DRYCO LLC 2016-08-09 - Add-on Acquisition
Downers Grove, Illinois · www.drycogroup.com
Poit Energia Ltda. 2012-03-26 216M GBP Add-on Acquisition
Sao Bernardo do Campo, Brazil
N.Z. Generator Hire Ltd. 2011-03-07 18M NZD Add-on Acquisition
Auckland, New Zealand
Northland Power Services LLC 2010-11-30 - Add-on Acquisition
Gillette, Wyoming
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Retail 4 (27%) 220M (23%) 1 (100%) 16M (100%)
Energy Services and Equipment 4 (27%) 230M (24%) - -
Electrical Equipment 2 (13%) 52M (5%) - -
Business Services 1 (7%) - - -
Machinery 1 (7%) - - -
Manufacturing 1 (7%) 440M (45%) - -
Renewable Energy 1 (7%) - - -
Utilities 1 (7%) 33M (3%) - -
Total 15 $974M 1 $16M

By Geo

State/Country Buy Value Sell Value
United States 8 652M - -
  Wyoming 1 - - -
  Washington 1 - - -
  Texas 1 - - -
  New Jersey 1 - - -
  Indiana 1 440M - -
  Illinois 1 - - -
  Georgia 1 212M - -
Brazil 1 216M - -
Canada 1 - - -
  Alberta 1 - - -
Germany 1 52M - -
India 1 4M - -
Indonesia 1 33M - -
New Zealand 1 18M - -
Singapore 1 - - -
United Kingdom - - 1 16M
Domestic - - 1 (100%) 16M (100%)
Cross-border 15 (100%) 974M (100%) - -
Total 15 $974M 1 $16M

Top M&A Advisors

Financial Deals
Tricorn Partners LLP
1

Deal Values

buy # Total
$100M to $1B 3 $868M
< $100M 4 $107M
TOTAL $974M
Largest Resolute Industrial LLC
$440M (2022-12-28)
sell # Total
< $100M 1 $16M
TOTAL $16M
Largest Aggreko’s European OFA rental
$16M (2008-11-24)

M&A Connections

Deals
Acquired from
Investor(s)
13%
2 (13%)
Strategic(s)
13%
2 (13%)
Divested to
Strategic(s)
100%
1 (100%)

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