Hydromax USA, LLC
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Hydromax USA, LLC - overview
Established
2003
Location
Evansville, IN, US
Primary Industry
Business Support Services
About
Hydromax USA, LLC provides advanced utility field services specializing in assessments and maintenance for gas, water, and wastewater sectors, delivering innovative analytics and solutions to improve infrastructure safety and efficiency. Hydromax USA, LLC was founded in 2003 and is headquartered in Evansville, US. The company specializes in utility field services and has engaged in 2 total deals, with the most recent occurring on December 30, 2020. The CEO is Andris Rimkevics and Chris Jensen.
Hydromax USA specializes in advanced utility field services focused on gas, water, and wastewater sectors. Their core offerings include comprehensive assessment and maintenance programs providing detailed analytics and actionable insights for water infrastructure, as well as extensive sewer inspection and systematic sewer evaluation programs designed to identify defects and prioritize infrastructure renewals. These services utilize innovative technology and data analytics to ensure pipeline safety and emissions reduction, benefiting utilities across several states including California, Texas, Florida, and New York. With a commitment to safety and environmental stewardship, Hydromax USA serves a diverse client base comprising municipal utilities, public agencies, and private sector companies that require reliable and sustainable solutions to support their operational needs.
Hydromax USA generates revenue through a structured model emphasizing partnerships with utility providers and municipalities, delivering tailored inspection and maintenance services. Transactions typically occur on a B2B basis, where the company engages with clients for long-term contracts or project-specific agreements. Clients may opt for subscription-based services allowing for ongoing assessments and reporting, or engage in one-off projects focusing on specific needs such as gas leak surveys or sewer inspections. Their flagship services include proprietary digital platform solutions that enhance operational efficiencies and safety outcomes, reinforcing their market position in the utility services industry.
In December 2020, Industrial Growth Partners agreed to acquire Hydromax USA, LLC from Warren Equity Partners, with the deal completed in January 2021. While financial terms of the acquisition were not disclosed, Warren Equity Partners retains a minority stake in the company. Hydromax USA plans to utilize the recent acquisition to explore new market opportunities and expand its service offerings. Specific upcoming products are in the design phase, with anticipated launches aimed at enhancing their current service capabilities.
Additionally, the company is targeting expansions into new geographic regions to broaden its client base and market reach.
Current Investors
Industrial Growth Partners, Warren Equity Partners
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Waste Management, Water & Sewer Utilities, Environmental Services, Analytics & Performance Software
Website
www.hydromaxusa.com
Verticals
Big Data, Infrastructure
Total Amount Raised
Subscriber access only
Hydromax USA, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Hydromax USA, LLC | - | ||||||||
| Add-on | Completed | Miller Pipetech | - | ||||||||
| Buyout | Completed | Hydromax USA, LLC | - |
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