Wedge Energy Services, LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Wedge Energy Services, LLC - overview

Location

Addison, TX, US

Primary Industry

Electronics

About

Wedge Energy Services, LLC is a company focused on providing specialized energy services, primarily in the fields of measurement and analytics, aimed at enhancing operational efficiency for energy businesses. Wedge Energy Services, LLC specializes in measurement and analytical services for the energy sector. Founded in Addison, US, the company has undergone strategic developments, including its acquisition by Legacy Measurement Solutions in May 2016. The firm is operated as a portfolio company of White Deer Energy, although specific details on its original founding or previous changes in strategy are not provided.


Wedge Energy Services, LLC provides measurement and analytical services that enhance operational efficiencies in the energy sector. The company focuses on delivering precise measurement solutions tailored for energy businesses, ensuring accurate data collection and analysis to support decision-making processes in energy management. The revenue model of Wedge Energy Services, LLC is based on the provision of specialized measurement services, which are priced according to the complexity and scope of projects. Specific revenue figures have not been disclosed, reflecting a service-based business model designed to cater to the needs of energy companies.


Looking ahead, Wedge Energy Services, LLC is planning to expand its service offerings by developing advanced measurement technologies aimed at increasing data accuracy and operational efficiency. The company is targeting expansion into emerging markets in North America and Europe by the end of 2023. The recent acquisition by Legacy Measurement Solutions is expected to support these initiatives by leveraging combined resources to enhance service capabilities and market reach.


Current Investors

Legacy Measurement Solutions

Primary Industry

Electronics

Sub Industries

Engineering, Industrial Machinery, Electronic Components, Hardware

Website

www.legacymeasurement.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Wedge Energy Services, LLC - 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-onCompletedWedge Energy Services, LLC-

Displaying 1 - 1 of 1

Wedge Energy Services, LLC - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.