Frost Engineering Service Company

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Frost Engineering Service Company - overview

Established

1954

Location

Snohomish, WA, US

Primary Industry

Industrial Machinery

About

Frost Engineering Service Company provides specialized engineering and technical services in the fields of pump systems and process treatments, primarily serving industrial and municipal sectors. Established in 1954, Frost Engineering Service Company is focused on delivering engineering solutions in pumping systems. The company is based in Snohomish, US, and has successfully completed one deal as of June 7, 2022. The founder's previous ventures are not documented, but the firm’s expertise has allowed it to maintain a strong presence in its industry.


Frost Engineering Service Company focuses on the distribution and service of high-quality pumping products and systems, serving various applications such as municipal and industrial needs. They offer comprehensive pump installation, repair, and system fabrication services, showcasing expertise in deep well pumping equipment. The company employs advanced engineering tools, including SolidWorks 3D design, to tailor solutions for clients, primarily municipalities, industrial operators, and environmental service providers across Washington, Oregon, and Idaho. Their extensive service capabilities are supported by a facility in Canby, Oregon, which spans 18,000 square feet.


Frost Engineering Service Company generates revenue through B2B transactions involving direct sales of pumping systems and service contracts to municipalities and industrial clients. The firm also benefits from service agreements that ensure ongoing maintenance, repair, and installation services, contributing to an established income stream from client relations. Notable services include complete pump rebuilding and vibration analysis, which enhance the value proposition offered to clients, who initiate transactions based on their project requirements, leading to customized pricing agreements. In June 2022, Frost Engineering Service Company was acquired by Impel Company, a portfolio company of Pike Street Capital, though specific financial terms were not disclosed.


The acquisition is anticipated to enhance Impel Company’s product and service offerings and facilitate accelerated growth. Future initiatives may include the development of new products and targeted expansion into regions beyond their current operations, leveraging recent funding to support these growth strategies.


Current Investors

Impel Company

Primary Industry

Industrial Machinery

Sub Industries

Home Repair Services, Automobile Repair, Industrial Machinery

Website

www.frostnw.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Frost Engineering Service Company - 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-onCompletedFrost Engineering Service Company-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.