Magnum Development Overview
- Year Founded
-
2006
- Status
-
Acquired/Merged
- Employees
-
18
- Latest Deal Type
-
M&A
- Financing Rounds
-
2
- Investments
-
1
Magnum Development General Information
Description
Operator of energy storage facilities intended to store liquids and gases. The company's technology utilizes underground salt formations and renewable energy to produce hydrogen, providing energy storage and distribution to upstream and downstream customers.
Contact Information
Website
www.magnumdev.com(Operating Subsidiary)
Corporate Office
- 3165 East Millrock Drive
- Suite 330
- Holladay, UT 84121
- United States
Corporate Office
- 3165 East Millrock Drive
- Suite 330
- Holladay, UT 84121
- United States
Magnum Development Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Magnum Development Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Magnum Development Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Magnum Development Investments (1)
Magnum Development’s most recent deal was a Joint Venture with Aces Delta. The deal was made on 01-May-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Aces Delta | 01-May-2019 | Joint Venture | Energy Storage |
Magnum Development FAQs
-
When was Magnum Development founded?
Magnum Development was founded in 2006.
-
Where is Magnum Development headquartered?
Magnum Development is headquartered in Holladay, UT.
-
What is the size of Magnum Development?
Magnum Development has 18 total employees.
-
What industry is Magnum Development in?
Magnum Development’s primary industry is Energy Storage.
-
Is Magnum Development a private or public company?
Magnum Development is a Private company.
-
What is Magnum Development’s current revenue?
The current revenue for Magnum Development is .
-
Who are Magnum Development’s investors?
Haddington Ventures has invested in Magnum Development.
-
When was Magnum Development acquired?
Magnum Development was acquired on 12-Sep-2023.
-
Who acquired Magnum Development?
Magnum Development was acquired by Chevron.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
