Centurion Group Expands its Middle Eastern Footprint with the Acquisition of Specialist Services
June 2021 – SCF Partners (“SCF”) portfolio company Centurion Group (“Centurion”), a global leader in the supply of essential rentals and services to critical industries, announces the acquisition of Specialist Services Group (“Specialist Services”), an innovative provider of modular buildings, production equipment and other technical services. Specialist Services is Centurion’s largest acquisition to date with 2020 reported revenues of over $60 million.
Specialist Services is based in the United Arab Emirates (UAE) and has operations across the Middle East, Asia and South-East Asia and Europe. The acquisition significantly enhances Centurion’s ability to support its customers on a global basis and increases Centurion’s geographic diversity with expansion into an important, high growth region for customers in key end markets such as infrastructure, support services, power, traditional and new energies and environmental services.
Specialist Services brings scale and an enhanced sustainability proposition with its focus on innovative, efficient products. The acquisition further extends Centurion’s opportunities to work alongside customers to develop solutions to their environmental and sustainability challenges, in addition to supporting Centurion’s own Environment, Social and Governance (ESG) agenda. The acquisition of Specialist Services is consistent with Centurion’s focus on bringing value enhancing acquisitions into the Group to accelerate its growth strategy.
“Specialist Services is a very high quality business aligned to our strategy of sustainably delivering essential rentals and services to critical industries globally,” says Fernando Assing, CEO of Centurion. “The business brings a strong management team and provides us with a strategic base in the Middle East, Asia and Southeast Asia, which alongside our established positions in North America, Europe, Australia and Asia, means that we are able to provide a broader range of essential products and services to international customers wherever they need them. With Specialist Services we are significantly expanding our business, and creating a more resilient, scalable platform as we seek to be a partner of choice able for global customers across critical industries in the fulfilment of their sustainable growth plans. As we continue to grow the business, I am increasingly optimistic about the future. We have a strong pipeline of opportunities and we look forward to building momentum.”
About Centurion Group
Centurion is a global leader in the supply of critical services to the oil & gas, infrastructure, power, environmental and renewable energy industries. It combines the scale and the breadth of offerings via its four global geomarkets: US Land (USL); Canada Rentals & Services (CR&S), Canada Infrastructure (CINF) and Rest of World (RoW), with strong local presence in key energy markets like US, Canada, UK & Europe, Caspian, Middle East, Asia and Australia, to deliver value to customers around the world.
For more information, please visit www.centuriongroup.co.uk