PrimeLine Utility Services LLC
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PrimeLine Utility Services LLC - overview
Established
2013
Location
Seattle, WA, US
Primary Industry
Construction
About
PrimeLine Utility Services LLC offers critical infrastructure solutions for the electric, gas, and telecommunications sectors, specializing in construction, maintenance, and engineering services aimed at enhancing utility operations across North America. Founded in 2013 and headquartered in Seattle, US, PrimeLine Utility Services LLC provides infrastructure solutions for utility companies. The company was acquired by VINCI Energies in December 2017, with the transaction completed in March 2018. Surya Kochhar is the founder, who has a notable history in the utility sector.
PrimeLine has engaged in 2 deals, with the most recent occurring in December 2017. PrimeLine Utility Services specializes in providing comprehensive infrastructure solutions for the electric, gas, and telecommunications sectors. The company's core offerings encompass construction, maintenance, engineering, and professional support services, including emergency restoration for electric transmission, gas distribution, and substation infrastructures. Serving a diverse client base across 38 states, PrimeLine assists municipalities, cooperatives, and large investor-owned utilities in managing and modernizing utility operations while adhering to industry safety standards.
PrimeLine Utility Services generates revenue through direct service contracts and partnerships in the utility sector, primarily with utility clients and telecommunications companies. The company's B2B model structures transactions as fixed-price contracts, ensuring clarity in service delivery for project management, emergency restoration, and system maintenance services, which reinforces its value proposition in critical infrastructure projects across North America. PrimeLine Utility Services plans to leverage recent funding from its acquisition to explore new product offerings and expand into additional markets, particularly targeting the growing renewable energy sector by 2025. The company's strategic initiatives will focus on enhancing service capabilities and geographical reach, with the aim to address the evolving needs of the utility sector, prompting further investment in technology and workforce development.
Primary Industry
Construction
Sub Industries
Construction
Website
www.primelineus.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
PrimeLine Utility Services 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | PrimeLine Utility Services LLC | - | ||||||||
| Buyout | Completed | PrimeLine Utility Services LLC | - |
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