Precision Pipeline Solutions, LLC
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Precision Pipeline Solutions, LLC - overview
Established
2002
Location
-, NY, US
Primary Industry
Oil & Gas
About
Precision Pipeline Solutions, LLC delivers specialized utility construction services, focusing on the natural gas and electric utility sectors, ensuring high-quality installations, repairs, and maintenance for major utility companies. Founded in 2002 in New Windsor, US, Precision Pipeline Solutions, LLC provides utility construction services. The company has engaged in three deals, with its most recent deal occurring on December 1, 2014, when Sentinel Capital Partners exited its stake in the firm. Precision Pipeline Solutions, LLC (PPS) specializes in providing comprehensive utility construction services primarily focused on natural gas and electric utility markets.
Their core offerings include construction services such as new installations, replacements, and leak repairs, with advanced capabilities in horizontal directional drilling, regulator and gate station installations, and hydro testing. PPS is dedicated to delivering high-quality maintenance and inspection services, ensuring regulatory compliance for their clients in the utility sector. They serve a diverse client base, including major utility companies like Central Hudson and National Grid, and their operations extend across the Tri-State area, including New York, New Jersey, and Connecticut. By addressing the critical needs of their clients, PPS enhances the reliability and safety of utility infrastructure.
PPS generates revenue primarily through direct contracts with utility companies for construction and maintenance services. These transactions typically involve fixed-price contracts or time-and-materials agreements, where clear project scopes and deliverables are established upfront. The company’s services range from routine inspections to complex construction projects, with clients paying for the extent of services rendered during specific project phases. As a B2B service provider, PPS focuses on fostering long-term partnerships with utility companies, underlining the importance of reliability and quality in their offerings.
Their revenue model is supported by their reputation for technical expertise and compliance in utility operations, driving client retention and project referrals. Moving forward, Precision Pipeline Solutions, LLC is exploring the introduction of new products designed to enhance their service offerings, although specific details about launch dates are not available. The company aims to expand its footprint into neighboring markets, potentially targeting regions beyond the Tri-State area, with an emphasis on strategic growth by the end of 2025. The funding from the latest deal in December 2014 has not been disclosed but will be utilized to support these expansion plans and further development initiatives.
Current Investors
Eberhart Capital
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas, Power & Utilities
Website
www.precisionpipelinesolutions.com
Total Amount Raised
Subscriber access only
Precision Pipeline Solutions, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Precision Pipeline Solutions, LLC | - | ||||||||
| Buyout | Completed | Precision Pipeline Solutions, LLC | - | ||||||||
| Recapitalisation | Completed | Precision Pipeline Solutions, LLC | - |
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