Project COAT – Sell-Side Mandate – Corrosion Prevention Engineering Services
IdealCap is working with the owners of a leading corrosion-prevention company, headquartered in the Gulf region and operating in 8 countries across 4 regions.
The company has consistently paid dividends for over 20 years, generates strong recurring cash flows supported by long-term service contracts, and is debt-free. The business provides end-to-end cathodic protection and corrosion-control solutions, including surveys, engineering design, material supply, installation & supervision, commissioning, and multi-year maintenance services.
It serves blue-chip clients spanning oil & gas, EPC contracting, utilities, and critical infrastructure, with a particularly strong reputation for execution quality and reliability. The company employs circa 200 technical staff, including certified engineers and specialist technicians. It has in-house assembly capabilities for automated CP monitoring systems and maintains multiple operating bases across the Middle East, South Asia, and Europe. The business still has significant global expansion potential, with no presence yet in North America or Asia-Pacific.
The shareholders are open to a full sale. A teaser for the opportunity is attached. All collateral, as well as a fully populated VDR, is ready.