Blue Apple Electric, LLC

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Blue Apple Electric, LLC - overview

Location

-, NV, US

Primary Industry

Power & Utilities

About

Blue Apple Electric, LLC is a service-oriented company specializing in HVAC and plumbing solutions, focusing on providing reliable, efficient services to homeowners across Nevada and Utah. Founded in Henderson, US, Blue Apple Electric, LLC offers HVAC and plumbing services. The company was acquired by American Residential Services LLC in January 2020; financial terms were undisclosed. The founder's history is not publicly available.


The company specializes in HVAC (heating, ventilation, and air conditioning) and plumbing services, primarily targeting residential customers in Nevada and Utah. Their core offerings include comprehensive air conditioning repair, heating system installation and maintenance, plumbing repairs, and emergency services. The HVAC systems are designed to enhance indoor comfort by regulating temperature and air quality, while plumbing services address issues such as leaks, drain blockages, and water heater installations. The company has established a strong client base consisting of homeowners seeking reliable, efficient, and cost-effective solutions for their heating, cooling, and plumbing needs.


Their geographic market includes urban and suburban areas across Nevada and Utah, ensuring that they cater to a diverse clientele. The company's revenue model is primarily based on direct transactions with residential customers, encompassing service fees for installations, repairs, and maintenance. Clients typically engage the company on a per-service basis, opting for one-time transactions to resolve specific HVAC or plumbing issues, or they may enter into maintenance agreements for ongoing support. Flagship services include air conditioning installation and plumbing repair, structured to meet the immediate needs of homeowners.


Pricing plans are competitive, reflecting the standard rates for industry services, communicated to clients through upfront estimates prior to service commencement. The company emphasizes transparency in its pricing, ensuring customers understand the costs associated with their service selections. Future growth strategies for Blue Apple Electric, LLC include the potential for new product offerings in HVAC technology and enhanced plumbing services. The company aims to expand into additional markets within surrounding states by 2023.


The acquisition by American Residential Services LLC in January 2020 will allow for the strategic utilization of resources to support these initiatives, although specific details on funding allocation have not been disclosed.


Current Investors

American Residential Services LLC

Primary Industry

Power & Utilities

Sub Industries

Power Generation Equipment & Services

Website

www.blueappleelectric.com

Company Stage

Add-on

Total Amount Raised

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Blue Apple Electric, LLC - 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-onCompletedBlue Apple Electric, LLC-

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