Tower Support Services LLC
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Tower Support Services LLC - overview
Established
2011
Location
McKenzie, TN, US
Primary Industry
Industrial Machinery
About
Tower Support Services LLC provides specialized anchoring systems essential for large-scale construction projects, ensuring safety and stability in infrastructure development, including electric transmission and renewable energy installations. Founded in 2011 and headquartered in McKenzie, US, Tower Support Services LLC offers anchoring system solutions. The company was acquired in March 2018 by EDSCO Fasteners, LLC, a portfolio of LFM Capital. The firm has engaged in a total of 1 deal since its inception.
Tower Support Services LLC specializes in a comprehensive range of anchoring systems critical for large-scale construction projects. Their core products include anchor bolt cages, various grades of anchor bolts, and associated hardware designed to provide exceptional reliability across diverse applications such as electric transmission, substations, and infrastructure development. Tower Support Services LLC serves a wide clientele, including government agencies, construction firms, and industrial contractors in North America, Europe, and Asia, ensuring compliance with rigorous industry standards. Tower Support Services LLC generates revenue primarily through direct business-to-business sales of anchoring systems and related products.
Clients, including construction companies and government agencies, typically place bulk orders that include anchor bolts, cages, and accompanying hardware like nuts and washers. The pricing structure is designed to offer value through competitive rates for larger orders, thereby enhancing cost efficiency while maintaining project timelines. The acquisition by EDSCO Fasteners, LLC in March 2018 is expected to provide Tower Support Services LLC with enhanced resources for growth. The company aims to expand its product line with new anchoring solutions tailored to specific engineering challenges.
Additionally, there are plans to enter new markets, specifically targeting opportunities in Europe and Asia by 2025. The recent funding from the acquisition will support these expansion efforts and product developments.
Current Investors
EDSCO Fasteners LLC
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.towersupportservices.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Tower Support 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Tower Support Services LLC | - |
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