City Wide Towing & Recovery Service Ltd./ULS Maintenance & Landscaping Inc
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City Wide Towing & Recovery Service Ltd./ULS Maintenance & Landscaping Inc - overview
Established
1963
Location
Calgary, AB, Canada
Primary Industry
Logistics & Distribution
About
City Wide Towing & Recovery Service Ltd. provides a comprehensive range of towing and recovery services, ensuring prompt assistance for both individual and fleet customers in Alberta, Canada. Founded in 1963 in Calgary, Canada, City Wide Towing & Recovery Service Ltd. specializes in towing and recovery services.
The company has remained focused on this core offering without any noted pivots or structural changes. There are no indications of parent or subsidiary companies. The founder's history is not available, and details regarding funding rounds are limited to one deal recorded in August 2015 with Signal Hill Equity Partners, although the financial terms of this transaction were not disclosed. City Wide Towing specializes in a range of towing and recovery services that cater to both individual and fleet needs.
The company's core offerings include 24/7 towing, roadside assistance, vehicle recovery, and secure storage solutions. Operating from key locations in Calgary and Red Deer, Alberta, City Wide Towing addresses a variety of roadside emergencies and planned towing events, ensuring timely assistance for their clientele. The company serves a diverse customer base, including individual vehicle owners, businesses with fleets, and organizations requiring scheduled towing services across Alberta and neighboring regions. With a commitment to safety and efficiency, City Wide Towing has positioned itself as a critical provider in the Alberta market, enhancing the mobility and security of their clients’ vehicles.
City Wide Towing generates revenue through direct service fees associated with its towing and roadside assistance offerings. The firm operates on a transactional model where customers are charged at the point of service for immediate needs, such as emergency towing or roadside repairs. Additionally, the company may engage in scheduled service agreements with businesses that require routine towing for their fleets, providing a steady revenue stream from B2B partnerships. Pricing structures are developed around individual services, with clients directly paying for the specific towing or recovery solutions utilized.
The firm's reputation for reliability and its 24/7 service commitment further bolster its transactional appeal among clients in both urban and rural settings. City Wide Towing & Recovery Service Ltd. plans to utilize the investment received in August 2015 to support the development of new service offerings aimed at expanding its market presence. The company is targeting growth in specific regions within Alberta, looking to increase its reach and client base by 2025.
Further details regarding upcoming products or specific services have not been disclosed.
Primary Industry
Logistics & Distribution
Sub Industries
Trucking
Website
www.citywidetowing.com
Company Stage
Growth Capital
Total Amount Raised
Subscriber access only
City Wide Towing & Recovery Service Ltd./ULS Maintenance & Landscaping Inc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Capital Towing and Recovery Inc | - | ||||||||
| Add-on | Completed | Key Towing & Storage (Alberta) Ltd. | - | ||||||||
| Growth | Completed | City Wide Towing & Recovery Service Ltd./ULS Maintenance & Landscaping Inc | - |
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