ELM Utility Services
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ELM Utility Services - overview
Established
1998
Location
Peoria, IL, US
Primary Industry
Business Support Services
About
Based in the US, ELM Utility Services provides specialized underground utility damage prevention services, focusing on precise locating and management of subsurface infrastructure for various utility sectors. ELM Utility Services, founded in 1998, is headquartered in Peoria, US. The company specializes in utility locating and infrastructure management, serving clients in gas, water, electricity, and telecommunications. There are no notable pivots or changes in business operations mentioned.
The company has completed a single deal, with its most recent transaction occurring on November 18, 2025. The founder's history and any previous ventures are not detailed. ELM Utility Services specializes in underground utility damage prevention through a comprehensive suite of offerings designed to accurately locate and manage subsurface infrastructure. Their core products include precision utility locating services, which utilize advanced technology to achieve an impressive accuracy rate of 99.
978%. This service is crucial for clients in the utility sector, including gas, water, electricity, and telecommunications companies, as it helps prevent costly damages during excavation and construction activities. Additionally, ELM provides gas leak surveys, atmospheric corrosion inspections, meter servicing, including rebuilds and change-outs, and pipeline services that ensure compliance with federal guidelines. The company's services cater to a diverse customer base across various geographical markets, including urban and rural areas throughout the United States.
By leveraging cloud-based technology for real-time mapping and data management, ELM facilitates efficient utility management for its clients, enhancing their operational safety and efficiency. ELM Utility Services generates revenue through a structured business model that includes service contracts and partnerships with utility companies and municipalities. Their transactions typically involve service agreements for utility locating and maintenance, which are billed based on the volume and complexity of the services provided. Clients may engage ELM for comprehensive annual service packages that include regular meter readings, infrastructure inspections, and emergency response for gas leak detection.
The revenue structure is primarily B2B, where utility companies and contractors pay for services rendered, ensuring a steady cash flow for the company. Specific pricing plans for these services align with industry standards, reflecting the value of ELM’s expertise and the advanced technology they employ. Their flagship services, including precise locating and thorough infrastructure maintenance, solidify the company’s reputation and ensure repeat business from over 60 utility clients nationwide. In November 2025, Tiger Infrastructure Partners acquired ELM Utility Services, enabling the company to accelerate its growth.
The acquisition is expected to support the introduction of upcoming new products and services designed to enhance utility management. ELM is focusing on expanding its operations into new geographic regions, targeting areas that are currently underserved by utility management services. This strategic expansion plan aims to tap into these markets by the end of 2026, leveraging the recent funding to develop and launch innovative solutions that will meet emerging market needs.
Current Investors
Tiger Infrastructure Partners
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services
Website
www.elmutility.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
ELM Utility Services - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | ELM Utility Services | - |
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