Kobus Services Limited
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Kobus Services Limited - overview
Established
2019
Location
-, TX, US
Primary Industry
Materials
About
Kobus Services Limited, based in the US, specializes in trenchless technology solutions for underground pipe replacement, utilizing innovative products for efficient utility infrastructure improvements. Kobus Services Limited is focused on providing advanced trenchless technology for replacing underground pipes. Founded in 2019, the company has completed 3 investment deals, with its most recent deal occurring on April 2, 2025. The company recently secured GBP 0.
285 mn in funding from Midven, bringing its total amount raised to GBP 0. 285 mn and its current valuation to GBP 0. 688 mn. Kobus Pipe Puller specializes in trenchless technology solutions for underground pipe replacement, primarily through its flagship products, the KPP400 and KPP300 pipe pullers.
These devices facilitate the rapid and cost-effective removal of decommissioned water and gas service pipes, minimizing disruption to surrounding utilities. Addressing challenges related to aging infrastructure, the Kobus Pipe Puller system is instrumental in replacing lead service lines, a major concern in various regions across the US. Its clientele includes utility providers, municipal agencies, and contractors involved in gas and water service infrastructure, serving markets in North America and Europe, notably cities like Atlanta, Georgia, and Saskatoon, Saskatchewan. Kobus Pipe Puller generates revenue through direct sales of its pipe puller equipment and related accessories to business clients, including utility companies and contractors.
Transactions occur on a B2B basis, enabling clients to purchase equipment outright for efficient pipe replacement projects. The KPP400 model, along with a suite of tool kits and accessories, supports trenchless operations, with pricing structured to meet clients' project needs and the capabilities of the equipment. On April 2, 2025, Dresser Utility Solutions, a portfolio company of First Reserve, acquired Kobus Services Limited from Agile Growth Equity. The financial terms of the deal were not disclosed.
This acquisition aims to strengthen Dresser Utility Solutions' position in the utility infrastructure sectors. Future growth initiatives will likely focus on expanding Kobus's reach into new geographic markets and potentially launching new products designed for trenchless technology solutions.
Current Investors
Agile Growth Equity, Future Planet Capital Regional
Primary Industry
Materials
Sub Industries
Steel & Metals
Website
www.kobuspipepuller.com/
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Kobus Services Limited - 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, Trade Sale | Completed | Kobus Services Limited | - | ||||||||
| Buyout | Completed | Kobus Services Limited | - |
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