Gastonia Pipe, Boiler & Duct Insulations

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Gastonia Pipe, Boiler & Duct Insulations - overview

Established

1971

Location

-, North Carolina, US

Primary Industry

Construction

About

Based in North Carolina, US, Gastonia Pipe, Boiler & Duct Insulations operates as a provider of piping, boiler, and duct solutions to commercial and industrial customers. Founded by Willard Dye in 1971, while the corresponding North Carolina corporation. In July 2023, ConTeras Industrial Group, a portfolio company of Midwest Growth Partners, NewSpring, Parkway Capital Investors, and Spring Capital, acquired Gastonia Pipe, Boiler & Duct Insulations. The company provides mechanical-insulation services covering ductwork, boilers, tanks and process piping for industrial, light-industrial and commercial projects.


Available company descriptions also indicate that it works with engineers to determine appropriate insulation applications, while the wider parent platform offers related industrial insulation, maintenance and capital-project capabilities. Revenue is principally generated through customer contracts and project fees for installing or servicing mechanical insulation on ducts, boilers, tanks and process-piping systems. No reliable public source provides a verified revenue breakdown, contract mix or recurring-versus-project revenue split; one commercial database estimates revenue at approximately USD 1. 6 million, but this is an unverified third-party estimate and should not be treated as reported financial information.


Revenue is principally generated through customer contracts and project fees for installing or servicing mechanical insulation on ducts, boilers, tanks and process-piping systems. No reliable public source provides a verified revenue breakdown, contract mix or recurring-versus-project revenue split; one commercial database estimates revenue at approximately USD 1. 6 million, but this is an unverified third-party estimate and should not be treated as reported financial information.


Current Investors

ConTeras Industrial Group

Primary Industry

Construction

Sub Industries

Facilities & Maintenance Services, Construction

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Gastonia Pipe, Boiler & Duct Insulations - 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-onCompletedGastonia Pipe, Boiler & Duct Insulations-

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