Dresser Utility Solutions

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Dresser Utility Solutions - overview

Established

1880

Location

Houston, TX, US

Primary Industry

Power & Utilities

About

Based in the US, Dresser Utility Solutions, formerly known as Dresser Natural Gas Solutions, specializes in advanced infrastructure technology that supports the energy transition across multiple sectors, providing essential systems for gas and water utilities and industrial applications. Dresser Utility Solutions, founded in 1880 in Addison, US, focuses on delivering technological solutions for energy and water management. The company has executed a total of 4 deals, with the most recent being a TRADE SALE on March 1, 2024, where they raised USD 3,000. 00 mn, primarily from General Electric Company.


Dave Lewandowski and Tara de Boer are among the founders, establishing a legacy in utility infrastructure. Dresser Utility Solutions specializes in providing advanced infrastructure technology aimed at facilitating the energy transition across various sectors. Their core product offerings encompass measurement instrumentation, coupling and repair solutions, overpressure protection devices, and flow control systems designed for water and gas utilities, as well as industrial applications. Among their notable products are the Kobus Pipe Puller, which employs trenchless technology for efficient pipe installation and repair, and the Flow Safe F84M valve, capable of handling pressures up to 15,000 psig while optimizing operational costs.


These solutions are utilized by a diverse client base, including natural gas utilities, water/wastewater facilities, and industrial sectors in geographical markets such as North America, Europe, and Asia. By focusing on high-performance technologies that reduce emissions, enhance safety, and lower operational expenses, Dresser Utility Solutions addresses critical challenges in energy management and infrastructure reliability. Dresser Utility Solutions generates revenue through strategic B2B transactions with utility and industrial clients, focusing on the sale of their proprietary products and associated services. The company typically engages in direct sales agreements and partnerships with gas and water utilities, providing tailored solutions that meet specific operational needs.


Revenue for the most recent year, 2004, was USD 1,991. 70 mn, with an EBITDA of USD 86. 70 mn. Revenue is derived from the sale of flagship products such as electronic volume converters and pressure control devices, designed to facilitate precise billing and effective resource management.


Transactions often involve both one-time purchases and ongoing service agreements, ensuring long-term client relationships and sustained revenue streams. The nature of their product offerings suggests varying price points based on the complexity and functionality of the solutions provided, catering to the operational demands of their diverse clientele. In March 2024, Dresser Utility Solutions secured a USD 335. 00 mn credit facility from Blue Owl Capital to support capital needs, finance strategic acquisitions, and general corporate purposes.


The company plans to launch several new products aimed at enhancing operational efficiency and environmental sustainability within the next year. Additionally, Dresser is targeting expansion into emerging markets in Asia and Europe by the end of 2025, aligning with their growth strategy to meet increasing global demand for energy transition solutions.


Current Investors

First Reserve

Primary Industry

Power & Utilities

Sub Industries

Power Generation Equipment & Services

Website

www.dresserutility.com/

Verticals

Manufacturing

Company Stage

Acquired

Total Amount Raised

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Dresser Utility Solutions - financials

Fiscal Year EndedDec 31, 2001Dec 31, 2002Dec 31, 2003Dec 31, 2004
Revenue (USD)1,545,800,000---
% Revenue Growth (YoY)----
EBITDA (USD)225,500,000---
Operating Income (USD)166,700,000---
Operating Margin10.8%---
% EBITDA Margin14.6%---
NET Income (USD)56,800,000---
% Net Margin3.7%---

Dresser Utility Solutions - 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-on, Trade SaleCompletedKobus Services Limited-
Private DebtCompletedDresser Utility Solutions-
Corporate Carve Out, Secondary BuyoutCompletedDresser Utility Solutions-
Trade SaleCompletedDresser Utility Solutions-
Add-onCompletediMeter-

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Dresser Utility Solutions - employee data

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