Based in the Midlands
Offered for sale is a highly specialist technical services company providing repair, refurbishment, testing, and associated technical support for seismic acquisition equipment and cable systems.
With extensive in-house expertise in the repair and maintenance of Sercel marine seismic equipment, the company has developed long-standing relationships with major organisations within the international marine seismic industry and benefits from high levels of repeat business.
Our clients are now offering the business for sale to realise the assured value of the company.
YE25 turnover of £475k, with an EBITDA of £288k.
Services include fault diagnosis, cable and component repair, termination, refurbishment, testing, and preparation of equipment for operational deployment, all requiring a high level of specialist technical knowledge that is rare in the external labour market.
Supplies specialist products and consumables and has generated recurring income through equipment rental arrangements.
Primarily serves clients in the international offshore marine seismic exploration sector, including seismic vessel operators, marine geophysical survey companies, specialist engineering businesses, and organisations involved in manufacturing, maintaining, and supporting seismic acquisition equipment.
Has strong relationships in place with three organisations, all of which provide reliable streams of ongoing revenue.
Highly experienced technical workforce in place, with one director committed to remaining actively involved in the business, and another available to support a structured transition over an agreed period.
