Just Service, Inc.
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Just Service, Inc. - overview
Established
2007
Location
Greendale, WI, US
Primary Industry
Business Support Services
About
Just Service, Inc. operates in the mechanical services sector, offering specialized support for HVAC, plumbing, and building automation solutions tailored to commercial and industrial clients. Founded in 2007 in Greendale, US, Just Service, Inc. provides essential mechanical services.
The company has undergone changes in strategy and operations, focusing on expanding its service offerings. Arun Kolewar, the founder, has previous experience in the industry. In August 2019, Just Service, Inc. was acquired by Reedy Industries, Inc.
, a portfolio company of Audax Group, though financial terms were not disclosed. Just Service, Inc. specializes in comprehensive mechanical services including HVAC, plumbing, and building automation solutions aimed at commercial and industrial applications. The company offers services such as 24/7 emergency repairs, preventive maintenance, design/build project management, and advanced installation of building control systems.
Its clientele features healthcare institutions, educational facilities, office buildings, and manufacturing plants, operating across Wisconsin, Illinois, and Indiana while servicing all major original equipment manufacturers (OEMs) in these areas. Just Service, Inc. generates revenue through direct service contracts with clients in the commercial and industrial sectors. Its revenue structure includes maintenance agreements for preventive services that enhance mechanical system performance and longevity.
The pricing is based on specific services provided, including regular maintenance visits, emergency repairs, and installation fees for new systems. The company also undertakes large-scale projects by acting as a subcontractor for construction undertakings, fostering long-term client relationships that ensure continuous revenue through repeat business and ongoing service agreements. Moving forward, Just Service, Inc. aims to develop new mechanical service products and expand its operations into additional geographic markets.
The company plans to utilize the resources from its acquisition by Reedy Industries, Inc. to enhance its service capabilities and reach. Specific details about new product launches or exact target regions for market expansion have not been disclosed.
Current Investors
PremiStar
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services
Website
www.justserviceinc.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Just Service, Inc. - 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 | Just Service, Inc. | - |
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