Universal Plant Services, Inc
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Universal Plant Services, Inc - overview
Established
1998
Location
Houston, TX, US
Primary Industry
Oil & Gas
About
Universal Plant Services, Inc, based in the US, specializes in providing industrial and energy services, focusing on maintenance and optimization of critical rotating and reciprocating equipment for various sectors. Founded in 1998 and headquartered in Houston, US, Universal Plant Services, Inc provides maintenance and capital project support for rotating and reciprocating machinery. The company has engaged in a total of 4 deals, with its most recent deal dated July 29, 2024. CEOs Bradley Jones and Stewart Jones lead the firm.
Universal Plant Services specializes in industrial and energy services, focusing on rotating and reciprocating equipment. Their core offerings include maintenance, turnarounds, and project support for critical machinery, enhanced by AI analytics for operational efficiency. The company serves industrial plants, refineries, and manufacturing operations across the US, providing customized solutions to address equipment malfunctions. Universal Plant Services generates revenue through contracts for maintenance services, project management, and equipment sales, including new and reconditioned parts.
The company primarily engages in B2B partnerships, focusing on scheduled maintenance and emergency repairs, with a pricing structure centered on project-based agreements. In July 2024, Universal Plant Services, Inc was acquired by New State Capital Partners and Apex Capital from Oaktree Capital Management. This acquisition is expected to enhance their services and strengthen business development. Plans include expanding into new markets and enhancing their product offerings, though specific targets and timelines have not been disclosed.
Current Investors
Oaktree Capital Management, MML Capital Partners
Primary Industry
Oil & Gas
Sub Industries
Engineering, Oil & Gas Equipment and Services, Power Generation Equipment & Services
Website
https://universalplant.com/
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Universal Plant Services, Inc - 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 | Mechanical Solutions, Inc. | - | ||||||||
| Secondary Buyout | Completed | Universal Plant Services, Inc | - | ||||||||
| Secondary Buyout | Completed | Universal Plant Services, Inc | - | ||||||||
| Add-on | Completed | Houston Controls, Inc. | - | ||||||||
| Add-on | Completed | NRG Engine Services Business Unit | - |
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