Blackstone Industrial Services

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Blackstone Industrial Services - overview

Established

2003

Location

-, AB, Canada

Primary Industry

Business Support Services

About

Blackstone Industrial Services offers specialized industrial solutions focusing on critical equipment maintenance, including repair, installation, and engineering services. The company serves clients across various sectors, ensuring optimal asset management and performance enhancement. Founded in 2003, Blackstone Industrial Services is based in Canada and specializes in the maintenance of critical rotating and static equipment. The company has not undergone any significant changes in its business operations and serves a diverse range of clients.


CEO Allan Schofield leads the company, which has maintained a consistent focus on industrial services. Blackstone Industrial Group provides comprehensive industrial services focused on critical rotating and static equipment maintenance. Their offerings include design, installation, commissioning, repair, maintenance, turnaround, overhaul, retrofit, and engineering services. The company also operates a parts division, Nuovo, which addresses parts-related challenges by sourcing, kitting, and planning essential items for maintaining machine health.


Blackstone serves various clients, including heavy oil producers, chemical manufacturers, utility companies, power generation firms, and agricultural providers, enhancing equipment performance with expert solutions like high-velocity oil flushing and chemical cleaning. Blackstone Industrial Group generates its revenue through a B2B model, primarily from service contracts and parts supply agreements. They provide tailored service offerings designed to meet specific operational needs, ensuring minimal downtime. Revenue streams include long-term service agreements for maintenance and repair, one-time projects for machinery overhauls, and sales from their parts division, which supplies essential components to various industries.


Primary Industry

Business Support Services

Sub Industries

Facilities & Maintenance Services

Website

www.blackstoneindustrial.ca

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Blackstone Industrial Services - 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)
Private DebtCompletedNuovo Parts, Inc.-

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