TTS Energy Services
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TTS Energy Services - overview
Established
1983
Location
Orlando, FL, US
Primary Industry
Oil & Gas
About
TTS Energy Services specializes in high-value engineering solutions, enhancing the reliability and performance of power generation and gas compression assets through a range of tailored services. TTS Energy Services, established in 1983 in Orlando, US, focuses on engineering solutions for energy assets. The company was formerly known as Turbine Technology Services and has no mentioned subsidiaries or major strategic pivots. George Gramatikas founded the company, with Tony Thornton currently serving as CEO.
Since its inception, TTS has expanded its global presence, serving over 450 clients in North America, Europe, and parts of Asia. TTS Energy Services offers a diverse array of services, including controls and control panels, gas turbine parts supply, conversions, modifications and upgrades, engineering and on-site services, and performance services utilizing its proprietary DynaFlex technology. The company primarily serves power generation companies and operators of midstream energy facilities, focusing on gas turbine installations and modernization projects. Revenue at TTS Energy Services is generated through business-to-business transactions, establishing customized contracts for engineering and operational services.
The emphasis on gas turbine modernization and relocation projects contributes significantly to the revenue model, enabling long-term service agreements that foster stable revenue streams.
Primary Industry
Oil & Gas
Sub Industries
Engineering, Oil & Gas Equipment and Services, Power Generation Equipment & Services
Website
www.ttsenergyservices.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
TTS Energy Services - 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 | Reciprocating Technology Services, LLC | - |
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