Alaska Roteq Corporation

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Alaska Roteq Corporation - overview

Established

1993

Location

Wasilla, AK, US

Primary Industry

Automobiles, Other Vehicles & Parts

About

Alaska Roteq Corporation is a specialized service provider focused on the repair and maintenance of rotating equipment, catering primarily to industrial sectors such as oil and gas, mining, and manufacturing. Founded in 1993 in Wasilla, US, Alaska Roteq Corporation provides essential servicing for rotating equipment. The company has maintained consistent operations without noted pivots in strategy. The founder's past entrepreneurial experiences are not disclosed.


The company has completed 1 deal, with the most recent occurring on June 1, 2022. Alaska Roteq specializes in the servicing and repair of rotating equipment, utilizing a comprehensive suite of services including full machining, thermal spray coating, welding, balancing, field machining, and engineering. Their core offerings address the critical needs of industries reliant on efficient and reliable equipment operation, particularly in sectors such as oil and gas, mining, and manufacturing. The company extends its capabilities to include pump repair, positioning itself as a go-to resource across Alaska for both routine maintenance and complex repairs.


Alaska Roteq serves a diverse client base that includes industrial operators, contractors, and engineering firms in various geographical markets, making their services essential for maintaining operational uptime and efficiency. With a commitment to quality and safety, Alaska Roteq continually seeks to fulfill the demands of its clients through innovative solutions tailored to specific industry challenges. Revenue generation for Alaska Roteq occurs primarily through direct B2B transactions, where the company partners with industrial clients for service agreements and repair contracts. Clients typically engage Alaska Roteq for both individual service requests and ongoing maintenance partnerships, ensuring that their rotating equipment remains operational and efficient.


Pricing structures vary based on the complexity and scope of the services required, including labor costs for machining and repairs, as well as fees associated with specialized services such as thermal spray coating and field mechanics. The company’s reputation for quality enables it to secure contracts with major industrial players, reinforcing its position as a premier solutions provider in the Alaskan market. Through its robust distribution division, Alaska Roteq also generates revenue by supplying essential industrial components, thereby enhancing its service offerings and strengthening customer relationships. In 2022, Alaska Roteq Corporation was acquired by Impel Company, a portfolio company of Pike Street Capital, which allows for integration into a broader suite of fluid management products and engineered systems.


This acquisition is expected to enhance service options and market reach. Future initiatives may include the development of new products tailored to the fluid management sector. Specific expansion plans into new geographic regions have not yet been disclosed but are anticipated to evolve following the acquisition. The acquired funding will support the enhancement of service capabilities and expansion into new markets.


Current Investors

Impel Company

Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Automobile Repair, Automobiles, Other Vehicles & Parts

Website

www.akroteq.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Alaska Roteq Corporation - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedAlaska Roteq Corporation-

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