Millbrook Proving Ground

Millbrook Proving Ground

Millbrook Proving Ground is one of Europe’s test and engineering technology centres for the automotive, energy and defence markets. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
CAD173m (Public information from Feb 2021)
Company register number 02230262
Bedford England (HQ & founding location)

Financials

Estimates*

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Revenues, earnings & profits over time
GBP2016201720182019202020212022
Revenues38.4m47.1m58.0m53.9m34.8m33.0m38.2m
% growth(18 %)22 %23 %(7 %)(35 %)(5 %)16 %
EBITDA4.1m7.4m7.8m3.7m(19.0m)(<1m)<1m
% EBITDA margin11 %16 %13 %7 %(55 %)(2 %)2 %
Profit1.7m4.3m2.9m(3.4m)(28.8m)(8.3m)(8.5m)
% profit margin5 %9 %5 %(6 %)(83 %)(25 %)(22 %)
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DateInvestorsAmountRound
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£122m

Valuation: £122m

2.6x EV/LTM Revenues

26.8x EV/LTM EBITDA

Acquisition

€115m

Valuation: €115m

2.8x EV/LTM Revenues

-5.0x EV/LTM EBITDA

Acquisition
Total Funding-

Recent News about Millbrook Proving Ground

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More about Millbrook Proving Groundinfo icon
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Millbrook provides comprehensive vehicle test and validation services, operating advanced testing facilities in the UK, USA, and Finland. The company serves clients in the automotive, transport, tyre, and defence sectors, offering a wide range of testing tracks and laboratories. These include engine, e-motor, and battery testing, as well as active and passive safety and durability assessments. Millbrook's business model is based on providing independent and impartial testing services, ensuring unbiased results for its clients. The company generates revenue through its extensive testing services and the use of its specialized facilities, including a private 5G network and event venues. Millbrook's clients benefit from its 50 years of expertise and its commitment to innovation and quality in vehicle testing and validation.

Keywords: vehicle testing, validation services, automotive, transport, tyre, defence, engine testing, battery testing, safety testing, durability testing.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Millbrook Proving Ground

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Test World
ACQUISITION by Millbrook Proving Ground Sep 2015