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 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-onCompletedIPEC LLC-

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