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Company profile: Avance Gas

1.1 - Company Overview

Avance Gas Logo

Avance Gas

Headquarter: Norway
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of global LPG transportation via a fleet of Very Large Gas Carriers (VLGCs). Expanding with dual fuel LPG newbuildings to enhance performance and reduce emissions. Introducing Mid-Sized Gas Carriers (MGCs) capable of carrying LPG and ammonia, with deliveries scheduled for 2025 and 2026.

Products and services

  • VLGC Operations: Avance Gas runs an ocean-going fleet of Very Large Gas Carriers transporting LPG globally, ensuring dedicated marine carriage for liquefied petroleum gas cargoes
  • Dual Fuel Newbuildings: Avance Gas expands its fleet with dual-fuel LPG newbuildings engineered for improved performance and reduced emissions, integrating dual-fuel capability to lower environmental impact
  • MGC Operations: Avance Gas will introduce ammonia-capable Mid-Sized Gas Carriers able to carry LPG and ammonia, with deliveries scheduled in 2025 and 2026

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Avance Gas

Crimson Midstream Logo

Crimson Midstream

HQ: United States Website
  • Description: Provider of crude oil transportation and storage via owned and operated pipeline systems, spanning over 2,000 miles and moving approximately 400,000 barrels per day across California, Louisiana, and the Gulf of Mexico. Offers pipeline safety and maintenance through inspections, emergency preparedness, and public awareness. Developing the Swordfish Pipeline to connect Louisiana terminals to the Clovelly Hub.
  • 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 Crimson Midstream company profile →
Agave Energy Logo

Agave Energy

HQ: United States Website
  • Description: Provider of natural gas gathering and processing infrastructure, owning and operating assets in the Delaware Basin of southeastern New Mexico and the Powder River Basin of eastern Wyoming.
  • 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 Agave Energy company profile →
Anadarko Petroleum Logo

Anadarko Petroleum

HQ: United States Website
  • Description: Provider of oil and natural gas exploration and production, with corporate offices in The Woodlands, Texas, and a deep, balanced portfolio spanning premier U.S. onshore shale and resource plays and oil-focused opportunities in deepwater basins worldwide.
  • 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 Anadarko Petroleum company profile →
Strike Logo

Strike

HQ: United States Website
  • Description: Provider of pipeline, facilities, fabrication, maintenance, and integrity services for the energy sector, offering an integrated network spanning upstream production, processing, and gathering facilities to high-pressure transmission and distribution 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: ●●
View full Strike company profile →
Veresen Logo

Veresen

HQ: Canada Website
  • Description: Provider of diversified North American energy infrastructure, owning and operating assets across three business segments.
  • 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 Veresen 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 Avance Gas

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Buyer group 1: ████████ ████████

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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 Avance Gas

2.2 - Growth funds investing in similar companies to Avance Gas

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4 - Top valuation comps for Avance Gas

4.2 - Public trading comparable groups for Avance Gas

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4.3 - M&A Transactions similar to Avance Gas

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Avance Gas

What does Avance Gas do?

Avance Gas is a provider of global LPG transportation via a fleet of Very Large Gas Carriers (VLGCs). Expanding with dual fuel LPG newbuildings to enhance performance and reduce emissions. Introducing Mid-Sized Gas Carriers (MGCs) capable of carrying LPG and ammonia, with deliveries scheduled for 2025 and 2026.

Who are Avance Gas's competitors?

Avance Gas's competitors and similar companies include Crimson Midstream, Agave Energy, Anadarko Petroleum, Strike, and Veresen.

Where is Avance Gas headquartered?

Avance Gas is headquartered in Norway.

How many employees does Avance Gas have?

Avance Gas has 1,000 employees 🔒.

When was Avance Gas founded?

Avance Gas was founded in 2010 🔒.

What sector and industry vertical is Avance Gas in?

Avance Gas is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Avance Gas

Who are the top strategic acquirers in Avance Gas's sector and industry

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Financial Investors investing in Avance Gas's sector and industry vertical

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Valuation benchmarks of companies in Avance Gas's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Avance Gas?

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What are recent M&A transactions in Avance Gas's sector and industry vertical?

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What are recent capital raises and funding rounds in Avance Gas's' sector and industry vertical?

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