What ICM Group does

ICM Group Pty Ltd is a privately held, founder-owned electrical contracting and engineering company headquartered in Canning Vale, Perth, Western Australia. Founded in 1993 by Nick Bertucci as ICM Electrics and rebranded to ICM Group in 2001, the company delivers complete electrical and mechanical solutions, including design, installation, commissioning, maintenance, and manufacturing, to industrial, commercial, mining, utilities, and rail clients. Its primary customer base consists of large enterprise operators in Western Australia's Pilbara region and Perth metro area, including BHP Billiton, Rio Tinto Iron Ore, Fortescue Metals Group, Water Corporation, Woodside, APA Group, Downer Bombardier, Aurizon, CITIC Pacific Mining, the Department of Defence, and Chevron (via Golder Associates). The company is headquartered at 79 Bannister Road, Canning Vale WA 6155, employs 101-250 staff, and has operated continuously for over 30 years.

The company's technical capabilities span HV/LV switchgear and circuit breaker services, motor control centres (MCC) and arc flash mitigation, trailing cable and catenary systems, hazardous area equipment (AS/NZS 3800 workshop verified since 2001), industrial electronics repair with reverse-engineering capability for obsolete equipment, control panels, PLC systems, and calibration services. Differentiated proprietary assets include a VSD-controlled cable reeler delivering 70% time savings on trailing cable replacement (8t SWL, handles 800m of 6.6kV cable), an on-site portable vulcaniser for cable sheath repair, and a proprietary remote switching process for arc flash mitigation that avoids full MCC replacement. Manufacturing and workshop capabilities are complemented by 24/7 emergency field services and field-based switchboard maintenance for locomotives and heavy mobile mining equipment.

ICM Group operates a hybrid revenue model combining professional services (project-based quoted work, emergency call-out fees), hardware sales (switchboards, motor control centres, panels, components), and recurring long-term maintenance contracts (notably with locomotive and heavy mobile mining equipment operators). Pricing is quote-based with cash-on-delivery terms and 1% monthly interest on overdue accounts. The go-to-market is primarily enterprise field sales with direct deployment of multi-person teams to client sites across Western Australia, supplemented since March 2026 by a strategic channel partnership with Kahuna Workforce Solutions targeting oil and gas operators worldwide. Marketing is direct and relationship-driven, leveraging the company website, LinkedIn, YouTube, and a long track record of ISO 9001 (since 2001, first in WA), ISO 14001 (since 2005), and ISO 45001 (since 2020) certifications. The company remains bootstrapped with no disclosed venture capital, private equity, or acquisition activity.

Name

ICM Group

Legal name

ICM Group Pty Ltd

Website

https://icmgroup.com.au

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

101–250 employees

Short description

ICM Group is a privately held Perth-based electrical contracting and engineering firm serving industrial, mining, utilities, and rail clients across Western Australia with design, installation, maintenance, and switchboard manufacturing capabilities, anchored by Tier-1 mining customers including BHP, Rio Tinto, and FMG.

Ownership category

akta.pro rank

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Electrical and Engineering Services: Core revenue stream from providing complete electrical and mechanical solutions including design, management, installation, commissioning, and maintenance services for industrial, commercial, and mining clients.
2. Product Sales (Switchboards, Panels, Components): Revenue from manufacturing and supplying electrical switchboards, motor control centres, panels, circuit breakers, control systems, and custom-built electrical equipment.
3. Long-term Maintenance Contracts: Recurring revenue from long-term maintenance contracts for locomotive and heavy mobile mining equipment, ongoing service agreements with major mining and utilities clients.
4. Emergency and Call-out Services: 24/7 emergency field maintenance services including trailing cable replacement, HV cable jointing, and urgent electrical repairs with associated service fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

ICM Group provides complete electrical and mechanical engineering solutions covering design, management, installation, commissioning, and maintenance for industrial, commercial, mining, and utilities clients. Core offerings include switchboard manufacturing and repair, HV/LV switchgear servicing, motor control centre (MCC) maintenance, trailing cable and catenary installation/replacement, hazardous area equipment work, electronics repair, transport component overhaul, and PLC/control panel construction. The company also offers proprietary equipment such as a VSD-controlled cable reeler and portable vulcaniser for specialised on-site cable repair.

Product overview

ICM Group is a vertically integrated electrical service and engineering solutions provider serving Industrial, Commercial, Mining, and Utilities sectors since 1993. The company operates as a services-focused organization offering a comprehensive portfolio of core services including Construction, Switchboard Manufacturing and Maintenance, Circuit Breaker Services, Trailing Cable/Catenary Services, Motor Control Centre Services, Electronics Repair, Transport Components, Hazardous Area Services, Calibration, Project Management, Control Panels, PLC Systems, Compliance Modifications, Utilities, and Precision Laser Engraving. ICM Group also offers proprietary equipment solutions including a unique VSD controlled cable reeler (delivering 70% time savings) and portable vulcaniser for on-site cable repairs. The company's differentiation lies in addressing 'too hard' electrical challenges with multi-skilled technicians who combine design, installation, commissioning, and maintenance capabilities across HV, LV, and ELV systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Construction Services Complete electrical and mechanical solutions covering design, management, installation, commissioning, and maintenance for industrial, commercial, and mining clients.
• Switchboard Services Manufacturing, installation, repair, and maintenance of switchboards for locomotives and heavy mobile mining equipment, including retrofitting for obsolete equipment.
• Circuit Breaker Services Servicing and repairing HV and LV switchgear with over 20 years of experience, including long-term maintenance contracts for locomotive and heavy mobile mining equipment.
• Trailing Cable & Catenary Services Supply, installation, replacement, and repair of trailing cables, drag chains, and catenary systems for materials handling equipment, supported by a purpose-built VSD cable reeler that delivers 70% time saving.
• Project Management Services Project management procedures providing accurate and complete solutions with cost control, using Microsoft Project and Primavera P6 scheduling tools.
• Calibration Services Broad range of calibration services undertaken on client premises or at workshop facilities with in-house calibrated test equipment.
• Hazardous Area Services Installation, inspection, and reporting of hazardous rated equipment including specialised commissioning in Ex Areas.
• Electronics Repair Services Repair and maintenance services for industrial electronics and locomotive drive systems, including reverse engineering and custom circuit board design for obsolete equipment.
• Transport Components Services Repair, rebuild, and maintenance services for rail and truck transport equipment including blower motors, wheel motors, inverters, and controllers.
• Motor Control Centre (MCC) Services Inspections, maintenance, testing, and certification of motor control centres with arc flash hazard reduction solutions.
• Control Panel Manufacturing Custom designed and built control panels ranging from single Stop/Start panels to full multi-function tier panels.
• PLC Panel Services Design, supply, and construction of PLC panels tested to highest standards with comprehensive inspection and test reports.
• Compliance Modifications Engineering and technical expertise to ensure equipment meets Australian Standards, including review of offshore manufactured goods.
• Utilities Services Complete solutions for water, fuel, and power utilities including design, installation, maintenance, and power systems up to 133kV.
• Drag Chain Services Replacement, recabling, rewiring, and repair of drag chains in mining materials handling equipment such as reclaimers and stackers.
• Catenary Replacement Services Design, construction, installation, and commissioning of catenary systems for train positioners.
• Precision Laser Engraving High-performance engraving services using Epilog Fusion Pro laser engraver (800mm x 500mm) for industrial labels, tags, and identification products including Traffolyte switchboard labels, stainless-steel labels, and custom tags.

Quantifiable outcome

• 70% time saving for trailing cable replacement using proprietary VSD controlled cable reeler
• +2 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Kahuna Workforce SolutionscoreStrategic or Co-development Partner · 12 March 2026Strategic partnership announced March 2026 to provide competency management solutions for oil and gas operators worldwide. Combines Kahuna's SaaS platform with ICM Group's consultancy expertise in frontline competency management for the energy sector. A global energy services company has been signed as the first joint customer and will implement Kahuna's platform in early 2026. The partnership aims to improve safety, compliance, and operational readiness across safety-critical energy operations through scalable deployment across regions and joint ventures.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Monadelphous Group: ASX-listed engineering contractor providing electrical, instrumentation, mechanical and maintenance services to resources, energy and infrastructure clients across Australia. Directly comparable as a project-based electrical services provider to mining and industrial customers.
• Ampcontrol: Australian electrical engineering and manufacturing company focused on mining, energy and industrial sectors, including switchgear, VSDs and hazardous-area equipment. Closely comparable on product portfolio and mining customer base.
• Stowe Australia: Major Australian electrical contracting and engineering firm serving commercial, industrial and resources clients. Comparable as a field-services electrical contractor with multi-trade capabilities and project-based delivery model.
• RJE Global: Perth-based electrical and instrumentation contractor focused on mining, oil and gas, and industrial projects in Western Australia. Directly comparable on geography, mining customer base and electrical project scope.
• NRW Holdings: ASX-listed diversified contractor providing civil, mining and electrical services to resources clients in Australia. Comparable as a Western Australia-based contractor serving iron ore miners with embedded multi-year relationships.

Broad incumbents

• Downer EDI: Large ASX-listed infrastructure and mining services company with a significant rail (locomotive maintenance) and resources services business. Overlaps with ICM on locomotive maintenance contracts and mining field services at much larger scale.
• ABB Australia: Global power and automation technology provider whose switchgear, VSDs and MCCs are deployed across the same BHP/Rio Tinto/Woodside sites where ICM operates. Comparable as incumbent OEM ecosystem player serving the same enterprise customers.
• Schneider Electric Australia: Global electrical equipment, automation and services company providing switchgear, motor control and power distribution solutions to mining and utilities customers. Overlaps with ICM on the products and standards ecosystem the company services.
• NHP Electrical Engineering Products: Australia and New Zealand distributor and manufacturer of industrial electrical products (switchgear, motor control, power distribution). Comparable as an electrical products and solutions provider serving the same industrial customer base.

Others

• Worley: Global engineering, procurement and construction management firm serving energy, chemicals and resources customers, including many of ICM's mining and utility clients. Comparable as an adjacent services and engineering partner to the same enterprise customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/ICMGroup1
• LinkedInlinkedin.com/company/icm-group-w-a--p-l

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ICM Group