CIMS LP

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CIMS LP - overview

Established

1991

Location

Port Coquitlam, BC-British Columbia, Canada

Primary Industry

Energy Storage & Batteries

About

CIMS LP is a specialized provider of mechanical construction services, focusing on capital projects and turnaround solutions across various industrial sectors including oil and gas, power generation, and chemical processing. Founded in 1991 in Port Coquitlam, Canada, CIMS LP is focused on mechanical construction services. The company has undergone changes in business strategy to adapt to the evolving industrial landscape. The operational headquarters is in Port Coquitlam, with fabrication facilities in Sarnia, Ontario.


The founders include Aly Kamarieh and Marcelo Nice, with Christopher Paluch serving as CEO. Notably, Yellow Point Equity Partners acquired CIMS LP in November 2011, although the financial terms of this transaction were not disclosed. The company has completed a total of 1 deal as of the latest update. CIMS Ltd specializes in mechanical construction services aimed at capital projects and turnaround services.


Their offerings include fabrication and modularization to enhance equipment reliability and minimize downtime across sectors such as oil and gas, pulp and paper, mining and smelting, power generation, and chemical processing. Their modular construction techniques allow for efficient on-site construction, and they provide tailored solutions to a diverse client base throughout North America, with all equipment fabricated in accordance with specific industry needs. CIMS Ltd generates revenue through B2B transactions, focusing on contracted agreements for project management, supervision, and mechanical construction services. These agreements involve both ongoing maintenance and large-scale industrial projects, with pricing structures based on project scope and complexity.


Their expertise in modular construction and fabrication contributes significantly to revenue generation from major projects, ensuring a consistent revenue stream from reliable, high-quality service delivery. CIMS LP aims to expand its market presence further by exploring new geographical regions and sectors. This includes plans to increase its reach in North America by leveraging its fabrication capabilities. The funding received from Yellow Point Equity Partners will be utilized to support these growth initiatives, although specific new products or launch dates have not been disclosed.


The company continues to focus on enhancing its service offerings and adapting to client needs to remain competitive in the market.


Current Investors

Yellow Point Equity Partners

Primary Industry

Energy Storage & Batteries

Sub Industries

Energy Storage & Batteries

Website

www.cimsltd.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

CIMS LP - 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-onCompletedChemfab Industries, Inc.-
Add-onCompletedWestern Canadian operations of Kamtech Services Inc.-
BuyoutCompletedCIMS LP-

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CIMS LP - employee data

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