NuGen Automation LLC
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NuGen Automation LLC - overview
Established
2010
Location
Houston, TX, US
Primary Industry
Business Support Services
About
NuGen Automation LLC specializes in providing technical services that support critical infrastructure, focusing on integrated solutions for regulatory compliance and operational efficiency within the energy sector. Founded in 2010 in Houston, US, NuGen Automation LLC offers specialized technical services aimed at enhancing energy management. The company has undergone a strategic pivot by being acquired by LineStar Integrity Services in February 2018, with financial details undisclosed. The CEO is Steve Rhyne, and the founder is Son Tran, who has not been noted for founding other companies.
NuGen Automation LLC operates as a technical services provider focusing on critical infrastructure. It offers integrated solutions for regulatory compliance, remote operations, and security management tailored to support energy operators. Its products enhance operational efficiency and ensure regulatory adherence, serving over 200 clients across multiple states including Texas, Colorado, and California, where robust technological support is essential. The revenue model of NuGen Automation LLC is centered on B2B transactions, providing services directly to energy operators.
Revenue streams include contract-based agreements, subscription models for software solutions, and security service packages. The company fosters long-term partnerships with clients for ongoing support, with service plans designed to meet diverse operational requirements. Following its acquisition in February 2018, NuGen Automation LLC aims to develop new products focused on enhancing the capabilities of its existing platforms. Plans for expansion include targeting additional markets within the energy sector by 2025.
Recent funding will be utilized to support these initiatives, enhancing their service offerings and expanding their geographical reach.
Current Investors
LineStar Integrity Services, LLC
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Oil & Gas, Petrochemicals
Website
www.nugenautomation.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
NuGen Automation LLC - 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 | NuGen Automation LLC | - |
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