Company profile: Frames
1.1 - Company Overview
Company description
- Provider of highly engineered solutions for onshore and offshore upstream oil & gas and turnkey green hydrogen solutions (as part of Plug Power), including electrolyzer systems from 1 to 1,000 MW. Offers actuators and controls, chemical injection and dosing systems, gas treatment packages, high integrity pressure protection systems, hydrate inhibitors, liquid treatment, plus commissioning, start-up, maintenance, training, spare parts, and repair services.
Products and services
- Plug Power Green Hydrogen Solutions: Frames Group, now part of Plug Power, offers turnkey, utility-scale green hydrogen systems, including electrolyzer systems ranging from 1 MW to 1,000 MW standalone plants
- Maintenance & Field Services: Frames delivers field-deployable maintenance management, including reliability and availability management, service level agreements, and component repair to sustain system uptime
- Commissioning & Start-up: Frames supplies procedure-driven commissioning and start-up services ensuring systems are designed, installed, and tested to meet operational requirements
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Frames
Interface Fluidics
HQ: Canada
Website
- Description: Provider of innovative reservoir fluid analysis services through a proprietary, industry-leading nanofluidic technology platform, enabling companies to better understand their reservoirs and have greater confidence in production decisions. An international technology company.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Interface Fluidics company profile →
3Sun Group
HQ: United Kingdom
Website
- Description: Provider of hydraulic, control, and instrumentation products and services for the global oil and gas sector, skilled technicians for installation and servicing of onshore and offshore wind turbines, and onsite testing and inspection services for oil and gas and renewable assets.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full 3Sun Group company profile →
Ikon Science
HQ: United Kingdom
Website
- Description: Provider of oil and gas software, services, and studies to solve E&P challenges across play types. Solutions include RokDoc for rock property modeling, Curate for subsurface data management, seismic inversion functions, a well surveillance application, Data Solutions, and Geoscience Services, helping assess drilling risks, explore mature basins, and optimize safe, cost-effective operations with streamlined workflows.
- 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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Technical Toolboxes
HQ: United States
Website
- Description: Provider of pipeline engineering software: Pipeline HUB for standardized calculations ensuring accuracy and compliance; Pipeline Toolbox with 250+ gas and liquid calculations; Crossings Suite with GIS for crossing design, operation, and encroachment management; Corrosion Suite for modeling and mitigating corrosion; Integrity Suite for integrity and pressure testing; and PRCI Thermal Analysis predicting cooling rates to avoid hydrogen cracking during welding.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Technical Toolboxes company profile →
mCloud
HQ: Canada
Website
- Description: Provider of an IoT connected asset care cloud solution via its AI-powered AssetCare platform, delivering complete asset management solutions for smart facilities, power generation, and process, using AI and analytics to curb energy waste, maximize energy production, and get the most out of critical energy infrastructure.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full mCloud company profile →
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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 Frames
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Buyer group 2: ████████ ████████
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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 Frames
2.2 - Growth funds investing in similar companies to Frames
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4 - Top valuation comps for Frames
4.2 - Public trading comparable groups for Frames
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