Company profile: Tanknology
1.1 - Company Overview
Company description
- Provider of tank testing and environmental compliance services for petroleum systems, offering UST and AST compliance solutions, inspections and testing at more than 50,000 sites annually. Services include compliance testing, underground storage tank leak detection, TankCam internal inspections, DieselCheck fuel sampling and analysis, continuity testing, and automatic tank gauge installation and certification.
Products and services
- Automatic Tank Gauge Installation & Certification: Architects regulatory-compliant automatic tank gauge systems, installing and certifying equipment to monitor fuel inventories precisely and reduce environmental risks in petroleum storage
- Compliance Services: Delivers nationwide-scale inspections, testing, and related services for USTs and ASTs to ensure adherence to environmental regulations at 50,000+ sites annually, safeguarding petroleum systems
- Tank Testing: Conducts industrial-grade leak detection testing on underground storage tanks to identify breaches and verify environmental compliance for petroleum facilities
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Tanknology
Applegreen
HQ: Ireland
Website
- Description: Provider of convenience food and beverage retail, operating petrol forecourts.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
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CDM Resource Management
HQ: United States
Website
- Description: Provider of natural gas compression and asset management services for oil and energy operations, including pipeline compression to support efficient gas transportation and processing, and management of energy assets encompassing maintenance, monitoring, and optimization of equipment and resources.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Northern Tier Energy
HQ: United States
Website
- Description: Provider of independent downstream energy operations with refining, retail, and pipeline activities, including an 89,500 barrels per calendar day (96,500 barrels per stream day) refinery in St. Paul Park, Minnesota with a complexity index of 11.5.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Energy West
HQ: United States
Website
- Description: Provider of natural gas and propane services for heating, water heating, cooking, and other household appliances. Offers customer service for starting/stopping gas service, emergencies, and inquiries; payment options; and construction services for new gas line installations and maintenance. Energy West Resources conducts natural gas trading, wholesale and retail supply operations, and natural gas production and gathering activities.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Pacific Northern Gas
HQ: Canada
Website
- Description: Provider of natural gas transportation and distribution in northern British Columbia, operating transmission and distribution systems in west-central and northeastern regions. Serves residential, commercial, and industrial customers. Offers energy efficiency programs, an online account portal for billing and payments, and safe digging information on buried gas lines.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Tanknology
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Tanknology
2.2 - Growth funds investing in similar companies to Tanknology
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4 - Top valuation comps for Tanknology
4.2 - Public trading comparable groups for Tanknology
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