IPEC LLC
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IPEC LLC - overview
Location
Grayling, MI, US
Primary Industry
Business Support Services
About
IPEC LLC is a mechanical contracting company specializing in industrial services. They enhance operational efficiency across various sectors such as cement, sugar, and power through comprehensive mechanical solutions. IPEC LLC provides mechanical contracting services, focusing on new construction, rebuilds, and modifications for process equipment. The company operates from Grayling, Michigan, USA, and was acquired by Industrial Service Solutions in December 2016.
Specific details about the founders are not available. IPEC Group specializes in industrial mechanical contracting, offering a range of services aimed at improving operational efficiency across sectors, including cement, sugar, food, steel, mining, power, and board processing. The company provides mechanical services for new construction, rebuilds, modifications, and outages, along with full-service scaffold rentals, construction, and dismantling across the United States. IPEC emphasizes safety training and serves a diverse client base through its 54 locations nationwide.
IPEC Group operates on a business-to-business (B2B) model, generating revenue through contracts for mechanical services and scaffolding solutions, utilizing various contractual arrangements such as lump-sum general, cost-plus, and time-and-material agreements. The nature of transactions often involves negotiated contracts for specific projects, ensuring timely and budget-compliant completion. Their established reputation for reliability reinforces their standing as a preferred contractor for numerous industries. IPEC LLC has plans for future growth that include developing new products to enhance their service offerings; however, specific details on upcoming launches are not yet available.
The company aims to expand its reach into new geographic regions, although specific target markets and timelines have not been disclosed. Following its acquisition in December 2016, IPEC will utilize the support and resources from its parent company, Industrial Service Solutions, to further these initiatives.
Current Investors
Industrial Service Solutions, LLC
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services, Engineering, Construction
Website
http://ipecgroup.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
IPEC 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | IPEC LLC | - |
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