PowerTeam Services, LLC

PowerTeam maintains, repairs, upgrades and installs natural gas and electric distribution and transmission systems for industrial applications. Read more

6 Followers on Owler
6 Followers on Owler
6 Followers on Owler
6 Followers on Owler

PowerTeam Services, LLC

PowerTeam maintains, repairs, upgrades and installs natural gas and electric distribution and transmission systems for industrial applications. Read more

POWERTEAM SERVICES, LLC TOP COMPETITORS OR ALTERNATIVES

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Peak Utility Services is the biggest rival of PowerTeam Services, LLC. Peak Utility Services was founded in 2002, and its headquarters is in Broomfield, Colorado. Peak Utility Services operates in the Multi-Utilities industry. Peak Utility Services has NaN fewer employees than PowerTeam Services, LLC.

PSNC Energy has been one of PowerTeam Services, LLC's top competitors. PSNC Energy is a Private company that was founded in Columbia, South Carolina in 1938. PSNC Energy competes in the Multi-Utilities industry. PSNC Energy has 4,109 fewer employees vs. PowerTeam Services, LLC.

Hawkins Electrical Services is PowerTeam Services, LLC's #3 rival. Hawkins Electrical Services was founded in null in Riverview, Florida. Hawkins Electrical Services is in the industry. Hawkins Electrical Services generates $542.2M less revenue than PowerTeam Services, LLC.

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Growth Score - 1/1

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PowerTeam Services, LLC Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
MVerge Companies

Feb 2020

Source »
undisclosed
MVerge is a provider of pipeline contracting and rehabilitation services to natural gas distribution, transmission pipeline and utility contractors.
Minnesota Limited, Llc

Feb 2020

Source »
undisclosed
Minnesota Limited is a provider of pipeline construction and maintenance services to crude oil and hydrocarbon industries.

These are all the companies that PowerTeam Services, LLC has acquired. PowerTeam Services, LLC has acquired 2 companies and its latest acquisition was MVerge Companies in Feb 2020. MVerge is a provider of pipeline contracting and rehabilitation services to natural gas distribution, transmission pipeline and utility contractors.

PowerTeam Services, LLC Funding History

Since PowerTeam Services, LLC was founded in 2012, it has participated in 3 rounds of funding. In total PowerTeam Services, LLC has raised $90.9M. PowerTeam Services, LLC's last funding round was on Apr 2019 for a total of $30.2M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Apr 2019
$30.2M
-
Equity
May 2013
$35.1M
-
Equity
Dec 2012
$25.6M
-

Since PowerTeam Services, LLC was founded in 2012, it has participated in 3 rounds of funding. In total PowerTeam Services, LLC has raised $90.9M. PowerTeam Services, LLC's last funding round was on Apr 2019 for a total of $30.2M

PowerTeam Services, LLC Investments

No recent investments found related to PowerTeam Services, LLC

These are all the companies that PowerTeam Services, LLC has invested in. PowerTeam Services, LLC has invested 2 companies and its latest investment was MVerge Companies in Feb 2020. MVerge is a provider of pipeline contracting and rehabilitation services to natural gas distribution, transmission pipeline and utility contractors.

PowerTeam Services, LLC News

February 7, 2020metroatlantaceo

Atlanta Utility Services Firm PowerTeam Announces $850M Deal with CenterPoint

CenterPoint Energy, Inc. (NYSE: CNP) and PowerTeam Services, LLC ("PowerTeam"), an integrated infrast... See more »
February 6, 2020globallegalchronicle

PowerTeam's $850 Million Acquisition of MVerge

Latham & Watkins LLP acted as legal counsel to CenterPoint Energy and Debevoise & Plimpton LLP served... See more »
February 5, 2020kallanishenergy

CenterPoint Energy to sell pipeline contractors

CenterPoint Energy and infrastructure services provider Power Team Services LLC Monday announced Cent... See more »
February 3, 2020Houston Chronicle

CenterPoint sheds infrastructure operations to focus on utility business

CenterPoint Energy, the Houston-based regulated utility, announced Monday that it will sell its infra... See more »
February 3, 2020The Business Journals: Atlanta Business Chronicle

Atlanta utility services firm PowerTeam announces $850M deal with CenterPoint

Atlanta-based utility services company PowerTeam Services announced a deal Monday to buy two subsidia... See more »
October 2, 2018privateequitywire

Clayton, Dubilier & Rice closes PowerTeam Services acquisition

Clayton, Dubilier & Rice (CD&R) has closed its acquisition of PowerTeam Services including the appoin... See more »

Social Media

PowerTeam Services, LLC Headquarters

3100 Interstate North Circle SE Suite 150

Atlanta, Georgia30339

212-407-5200

Driving Directions »

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PowerTeam Services, LLC Summary

ABOUT

Overview

PowerTeam maintains, repairs, upgrades and installs natural gas and electric distribution and transmission systems for industrial applications. PowerTeam Services, LLC was founded in 2012. PowerTeam Services, LLC's headquarters is located in Atlanta, ...

CEO

PowerTeam Services, LLC's CEO, Brian Palmer, currently has an approval rating of 90%. PowerTeam Services, LLC's primary competitors are Peak Utility Services, PSNC Energy & Hawkins Electrical Services.

Website

powerteamservices.com

Frequently Asked Questions about PowerTeam Services, LLC

  1. When was PowerTeam Services, LLC founded?

    PowerTeam Services, LLC was founded in 2012
  2. Who is PowerTeam Services, LLC's CEO?

    PowerTeam Services, LLC's CEO is Brian Palmer
  3. How much revenue does PowerTeam Services, LLC generate?

    PowerTeam Services, LLC generates $550M in revenue
  4. How much funding does PowerTeam Services, LLC have?

    PowerTeam Services, LLC has historically raised $90.9M in funding
  1. Where is PowerTeam Services, LLC's headquarters?

    PowerTeam Services, LLC's headquarters is in Atlanta Georgia, USA
  2. How many employees does PowerTeam Services, LLC have?

    PowerTeam Services, LLC has 4,200 employees
  3. What sector does PowerTeam Services, LLC operate in?

    PowerTeam Services, LLC is in Electric, Water & Gas Utilities
  4. Who are PowerTeam Services, LLC's competitors?

    PowerTeam Services, LLC's top competitors are Peak Utility Services, PSNC Energy, Hawkins Electrical Services