LineStar Services
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LineStar Services - overview
Location
-, TX, US
Primary Industry
Business Support Services
About
LineStar Services provides integrated technical solutions focused on enhancing compliance and operational integrity for the energy and utilities sectors, ensuring efficient management of critical assets. LineStar Services specializes in delivering technical services designed for the energy sector. The company is headquartered in Pasadena, US. In December 2017, LineStar Integrity Services acquired LineStar Services, although the financial terms were not disclosed.
Currently, Paul Neundorfer serves as the CEO. LineStar, through its subsidiary EverLine, offers a comprehensive suite of integrated technical services aimed at enhancing the integrity and compliance of critical infrastructure. Their core offerings include compliance management, integrity management, SCADA/IT services, control room operations, and security services, primarily catering to energy asset management. These services are targeted at energy producers, utility companies, and other stakeholders in critical infrastructure, focusing on markets within North America, particularly the United States and Canada.
EverLine's solutions are structured to maintain high standards of operational integrity and compliance, thereby supporting the efficient management of energy resources. LineStar operates on a service-oriented revenue model, generating income through B2B partnerships with clients in the energy sector. Revenue is derived from long-term service agreements, often structured as subscription-based contracts that ensure ongoing support and system upgrades. The pricing plans are tailored to the comprehensive suite of services, including bundled offerings for large-scale operations, which facilitates predictable revenue streams as clients rely on these essential services for effective energy asset management.
LineStar Services aims to expand its product offerings and market presence. Recent discussions have suggested the development of new integrated tools and services specifically designed for compliance and asset management, with anticipated launches in the upcoming year. The company is focused on expanding its reach into new geographical regions across North America, particularly targeting clients in Canada, by the end of 2023. The acquisition in December 2017 is expected to bolster these initiatives by enhancing service provisions and operational capabilities.
Current Investors
First Reserve, LineStar Integrity Services, LLC
Primary Industry
Business Support Services
Sub Industries
Business Support Services, Financial Services
Website
www.linestar.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
LineStar Services - 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 | LineStar Services | - | ||||||||
| Add-on | Completed | Slaughter and Stanley Construction | - | ||||||||
| Buyout | Completed | LineStar Services | - |
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LineStar Services - employee data


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