The Development Initiative Overview

  • Year Founded
  • 2005

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 388


  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 1

The Development Initiative General Information


Provider of humanitarian and commercial landmine clearance services based in Hamilton, Bermuda. The company provides a range of explosive threat mitigation and mine-action related services such as landmine clearance, unexploded ordnance disposal, training and remote logistics solutions and also offers training and mentoring, dog services and fleet maintenance services to multinational companies, and governmental and non-governmental organizations.

Contact Information

Ownership Status
(Operating Subsidiary)
Financing Status
Private Equity-Backed
Primary Industry
Other Commercial Services
Other Industries
Education and Training Services (B2B)
Parent Company
Corporate Office
  • Clarendon House
  • 2 Church Street
  • Hamilton, HM11
  • Bermuda

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The Development Initiative Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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The Development Initiative Executive Team (3)

Name Title Board Seat Contact Info
Stephen Saffin Chief Operating Officer
Hugh Morris Co-Founder & Managing Director
Stephen Castree Co-Founder & President
To view The Development Initiative’s complete executive team members history, request access »

The Development Initiative Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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The Development Initiative FAQs

  • When was The Development Initiative founded?

    The Development Initiative was founded in 2005.

  • Who is the founder of The Development Initiative?

    Hugh Morris and Stephen Castree are the founders of The Development Initiative.

  • Where is The Development Initiative headquartered?

    The Development Initiative is headquartered in Hamilton, Bermuda.

  • What is the size of The Development Initiative?

    The Development Initiative has 388 total employees.

  • What industry is The Development Initiative in?

    The Development Initiative’s primary industry is Other Commercial Services.

  • Is The Development Initiative a private or public company?

    The Development Initiative is a Private company.

  • What is The Development Initiative’s current revenue?

    The current revenue for The Development Initiative is 000000.

  • When was The Development Initiative acquired?

    The Development Initiative was acquired on 15-Jul-2016.

  • Who acquired The Development Initiative?

    The Development Initiative was acquired by Centerra Group.

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