PSS Utilities Ltd

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PSS Utilities Ltd - overview

Location

Rochford, Essex, UK

Primary Industry

Power & Utilities

About

PSS Utilities Ltd, based in the UK, specializes in engineering services that optimize underground utility assets, ensuring environmental safety and operational integrity of utility infrastructures. PSS Utilities Ltd provides engineering services focused on underground utility management. The company is headquartered in Rochford, UK. It was recently acquired by the Adler & Allan Group, a portfolio company of Goldman Sachs Asset Management, though financial terms of the transaction were not disclosed.


The company operates with a focus on enhancing utility infrastructures, leveraging experience and industry accreditations. PSS Utilities specializes in engineering services designed to optimize underground utility assets. The company provides a comprehensive range of services including investigative surveys, planned and reactive maintenance, trenchless remediation, excavation and civil engineering, and liquid waste tankering. These services address critical issues such as blockages and structural damages in utility networks.


The company serves diverse sectors, including public utilities, commercial businesses, and domestic customers, enhancing the lifespan and operational continuity of their assets. PSS Utilities operates in the United Kingdom, backed by over 35 years of industry experience and accreditations from organizations like the United Kingdom Society for Trenchless Technology (UKSTT) and Water Research Centre (WRC). PSS Utilities operates on a business model involving both B2B and direct consumer transactions, providing tailored services to meet client needs. The revenue structure is based on direct contracts with utility companies, municipalities, and commercial clients focused on maintaining and enhancing drainage systems.


Each transaction involves specific services, such as trenchless remediation or maintenance surveys, which can be one-off projects or ongoing service agreements. Pricing plans are reflective of the work's complexity and scale, ensuring clients receive value for their investment. Partnerships with industry leaders, including Adler & Allan, bolster PSS Utilities' service offerings and market presence. PSS Utilities aims to expand its service offerings and geographic reach in the coming years.


While specific upcoming products have not been disclosed, the company plans to leverage its recent acquisition by the Adler & Allan Group to enhance its operational capabilities. The integration into the Adler & Allan Group is anticipated to strengthen its market presence. The company is likely focusing on expanding its services beyond the UK, targeting new markets to broaden its client base.


Current Investors

The Adler & Allan Group

Primary Industry

Power & Utilities

Sub Industries

Engineering, Water & Sewer Utilities

Website

www.pssutilities.co.uk

Company Stage

Add-on

Total Amount Raised

Subscriber access only

PSS Utilities Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedPSS Utilities Ltd-

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