Drain Werks 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.
Drain Werks LLC - overview
Established
2013
Location
Birmingham, AL, US
Primary Industry
Consumer Services
About
Based in Alabama, US, and founded in 2013 by Marcus Williams Drain Werks LLC, operates as a provider of maintenance drainage cleaning, water line, sewer, and hydro-jetting repair services to clients for preventing drainage issues. In August 2022, Leap Partners Holdings LLC, a portfolio company of Concentric Equity Partners, acquired Drain Werks LLC. As of 2023, Duston Williams is operating as chief executive officer of Drain Werks LLC. Drain Werks provides drainage services such as Water Line Repair, Sewer Line Repair, Hydro-Jetting, Sewer Cleaning, Drain Cleaning, and maintenance services for industrial, commercial, and residential clients.
In addition, the company offers its services to Manufacturing Facilities, Mining and Chemical plants, Hospitals, Apartment Homes, hotels, Nursing Homes, Mobile Homes, Single Family Homes, and Townhomes. The firm offers home inspection facilities for pipes, water connections, drains, toilets, faucets, and water pressure, flush your water heater, test its components. The company generates revenue through its plumbing protection plan for its clients and charges USD 99 per visit.
Current Investors
Leap Partners Holdings LLC
Primary Industry
Consumer Services
Sub Industries
Home Repair Services
Website
www.drainwerks.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Drain Werks 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 | Drain Werks LLC | - |
Displaying 1 - 1 of 1
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.