Nelbud Services Group, Inc.
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Nelbud Services Group, Inc. - overview
Established
1981
Location
Egg Harbor City, NJ, US
Primary Industry
Consumer Services
About
Nelbud Services Group, Inc. is a provider of essential fire protection and kitchen exhaust cleaning services, ensuring safety and compliance for commercial kitchens across various sectors. Founded in 1981, Nelbud Services Group, Inc. is headquartered in Egg Harbor City, US.
The company specializes in fire protection and kitchen exhaust cleaning services. In November 2011, Source Capital acquired Nelbud from KLH Capital, with financial terms undisclosed. The company has engaged in a total of 2 deals, with the most recent deal occurring on November 30, 2011. The founders of the company are Nelson Dilg and Darwin Suárez, who currently serves as CEO.
Nelbud specializes in comprehensive fire protection and kitchen exhaust cleaning services, addressing critical safety and compliance needs for commercial kitchens. Their primary offerings include inspection, installation, and repair of kitchen suppression systems, fire extinguishers, exit light systems, and grease traps, which are pivotal for preventing kitchen fires—an area where 55% of restaurant fires originate. The company's services extend to specialized hazard systems, fire alarms, and sprinkler systems, ensuring that client kitchens are in strict adherence to NFPA 96 standards. Nelbud serves a diverse clientele, including prominent restaurants, sports facilities, and casinos across major U.
S. markets such as New York, Las Vegas, Chicago, and Philadelphia. Their geographic reach allows them to cater to establishments that require reliable fire protection and exhaust system maintenance, underscoring their commitment to safety and regulatory compliance. Nelbud's revenue model is structured around direct B2B transactions with commercial clients, encompassing regular maintenance contracts, one-time service calls, and emergency response services for fire protection and kitchen exhaust systems.
The company engages in service agreements that establish ongoing customer relationships, facilitating recurring revenue through scheduled kitchen hood cleaning and grease trap maintenance. These transactions are critical for ensuring that clients remain compliant with health and safety regulations, which, when neglected, can lead to costly fines. The pricing structure reflects the complexity and scale of the services provided, ensuring that clients receive tailored solutions to their specific needs. Nelbud's extensive portfolio of services positions them as a trusted partner for businesses seeking to maintain safe and operationally efficient kitchens.
As of now, there are no specific upcoming products scheduled for launch. Recent funding will be utilized to bolster the company's market presence and explore opportunities in new geographic regions. While specific markets targeted for expansion have not been disclosed, the company's strategic direction will focus on enhancing service delivery and compliance support for clients. The most recent deal date on November 30, 2011, indicates a shift in ownership, which may influence future growth initiatives.
Primary Industry
Consumer Services
Sub Industries
Consumer Services
Website
www.nelbud.com
Verticals
Urban Planning
Company Stage
Mature
Total Amount Raised
Subscriber access only
Nelbud Services Group, 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 | Mc Q Clean | - | ||||||||
| Add-on | Completed | 360 Services | - | ||||||||
| Recapitalisation | Completed | Nelbud Services Group, Inc. | - |
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