Superior Pipeline Services, Inc.

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Superior Pipeline Services, Inc. - overview

Established

2001

Location

Fort Worth, TX, US

Primary Industry

Oil & Gas

About

Superior Pipeline Services, Inc. is a US-based utility infrastructure provider specializing in services for the oil and energy sectors, including pipeline construction and maintenance, utility trenching, and property restoration. Founded in 2001, Superior Pipeline Services, Inc. offers comprehensive utility infrastructure solutions.


The company was acquired by Peak Utility Services Group, Inc. in March 2021, enhancing its presence in Texas. Lynn Ayres remains the founder and President, steering the company forward with the existing management team. Superior Pipeline Services (SPS) specializes in a wide array of utility infrastructure services tailored for the oil and energy sectors.


Their core offerings include Natural Gas Distribution services encompassing new construction, maintenance, and repairs, as well as joint utility trenching. SPS also provides Pipeline & Facility Construction services utilizing techniques like hot tapping, pig launching, hydro testing, and the installation of valve and regulator stations for long-distance pipeline projects. Additionally, the company supports property restoration through both softscape and hardscape services, ensuring construction sites are rehabilitated effectively. Employing hydro excavation technology, SPS enhances urban trenching precision and mud removal efficiency, primarily marketing their services to utility companies across various regions in the United States.


SPS generates revenue through a structured business model based on direct service contracts with utility companies and clients in the oil and energy sectors. Their transactions typically involve project-based agreements for infrastructure projects, including pipeline installation and maintenance, negotiated on a per-project basis. These B2B contracts involve detailed proposals and competitive pricing tailored to client needs, bolstered by ongoing maintenance contracts and emergency repair services to ensure consistent income. The company's commitment to quality and safety enhances its reputation among utility providers seeking reliable infrastructure solutions.


Following the acquisition on March 18, 2021, by Peak Utility Services Group, Inc. , Superior Pipeline Services, Inc. is positioned to strengthen its presence in Texas. The company plans to leverage the acquisition to explore new markets and expand its service offerings.


Future initiatives may include the development of new products tailored to emerging energy demands. The utilization of recent funding will support these growth strategies, aligning with the company's commitment to enhance its operational capabilities and market reach.


Current Investors

Peak Utility Services Group, Inc., ORIX Capital Partners

Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Equipment and Services, Oil & Gas Exploration and Production, Power Generation Equipment & Services, Natural Gas Utilities

Website

www.superiorpipelineservices.com

Verticals

Infrastructure

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Superior Pipeline Services, Inc. - 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-on, Trade SaleCompletedSuperior Pipeline Services, Inc.-
BuyoutCompletedSuperior Pipeline Services, Inc.-

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Superior Pipeline Services, Inc. - employee data

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