Management Buyout Ashtead Technology Rentals

As an independent business and with additional financial backing, Ashtead Technology is focused on growing the services offered to the offshore oil and gas, environmental monitoring and inspection sectors. Ashtead Technology's workforce look forward to continuing to meet its customers' needs on a global basis and to providing rental equipment that can be relied upon to operate in the most demanding environments.

Rental locations in Aberdeen, Houston and Singapore offer and provide technical support for a fleet of state-of-the-art equipment. With a proven range of instruments representing the best in the offshore industry, Ashtead Technology Rentals has one of the world's largest fleet of hydrographic, oceanographic, subsea positioning, navigation, geophysical, diving, ROV and survey equipment. In addition to a range of advanced Non-Destructive Testing (NDT) and Remote Visual Inspection (RVI) instruments.

A further 11 onshore rental locations across the US, Canada, UK and Singapore, provide and support a wide range of sophisticated equipment for environmental monitoring, NDT and RVI.

As part of the agreement, Brian Long has joined Ashtead Technology Rentals as new company Chairman.  Brian has a long and successful track record of chairing private equity backed businesses, including Moody International and the Alex Stewart Group.

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