Diligence to Support the Growth Strategy of a Specialist Equipment and Service Provider

Diligence to Support the Growth Strategy of a Specialist Equipment and Service Provider

August 10, 2017
August 10, 2017

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We provided strategic acquisition advice which supported the growth strategy of a specialist equipment and service provider.


Client and project overview

Hamworthy-Pumps is a market-leading global company providing specialist equipment and services to the marine, oil & gas, and industrial sectors. They required strategic acquisition advice on Flow Group (FG), a holding company for four specialist valve businesses selling to the global oil & gas industry.


Key questions

  • How large is the market, what are the growth prospects and the competitive landscape?
  • Who are the major customers and what is the universe of potential customers?
  • How well-regarded FG by customers?
  • What is the structure of the industry and what are the industry dynamics?


FPSO, FPS, FSO and other installations by region and type- based on expected completions between 2011-2015

Our methodology

  • We focused on defining the addressable market and the growth in upstream capex which FG would benefit from
  • We built up a detailed market model showing FG’s penetration of each segment


Results

  • Our report addressed the key issues succinctly and unequivocally and provided clear guidance on where to focus post-acquisition
  • We were able to show that there was potential to unlock further value by obtaining more product approvals with key end-users and contractors

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