Reed Electric and Field Service, LLC
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Reed Electric and Field Service, LLC - overview
Established
1929
Location
Reno, NV, US
Primary Industry
Power & Utilities
About
Based in Nevada, US, and founded by Roy A. Reed in 1929, Reed Electric and Field Service, LLC, formerly known as R. A. Reed Electric, operates as a specialist in the repair and sale of electric motors and power generation equipment.
The company has facilities in Los Angeles and Reno. In January 2022, Integrated Power Services, LLC, a portfolio company of Searchlight Capital Partners acquired the firm, with Roy Richard being its President. Reed Electric and Field Service, LLC mainly provides repair services for electro-mechanical equipment including AC, DC, and synchronous motors, generators, as well as centrifugal, submersible, and vertical turbine pumps. Additionally, the company offers various field services such as field balancing, laser alignment, onsite cleaning, vibration analysis, and laser alignment among others, and furthermore engages in the sales of motor, motor starters, and its drive units.
The firm’s client portfolio includes various companies from power generation, oil and gas, metals, mining, marine, and heavy manufacturing industries.
Current Investors
Integrated Power Services, LLC
Primary Industry
Power & Utilities
Sub Industries
Facilities & Maintenance Services, Engineering, Power Generation Equipment & Services
Website
www.reed-electric.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Reed Electric and Field Service, 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 | Reed Electric and Field Service, LLC | - |
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