Emerald Towing, Inc.
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.
Emerald Towing, Inc. - overview
Location
Pompano Beach, FL, US
Primary Industry
Consumer Services
About
Based in Florida, US, Emerald Towing offers vehicle recovery and heavy-duty vehicle towing services. The firm operates through a fleet of over 40 trucks in Florida. In February 2023, Guardian Fleet Services, Inc. , a portfolio company of Backcast Partners and Chartwell Investments, acquired Emerald Towing, Inc.
The firm’s partners include The Broward League of Cities, Palm Beach County League of Cities, Inc, Professional Wrecker Operators of Florida, TRAA, National Safety Council, etc. The firm operates a fleet of trucks that offer medium and heavy-duty towing and recovery services for 12-ton towing units up to our 70-ton capacity rotators. The company also offers flatbed and lowboy transportation, spill response, accident management services, incident management, storage, and trans-load services. Moreover, the firm offers training services to fleet drivers in the fields of towing industry and trade through online classes, state-certified programs, and nationally recognized towing courses.
The company intends to use the February 2023 funds to expand its presence beyond Florida.
Current Investors
Guardian Fleet Services Inc.
Primary Industry
Consumer Services
Sub Industries
Consumer Services, Education & Training Services, Freight Transportation Services, Trucking
Website
www.emeraldtowing.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Emerald Towing, 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 | Emerald Towing, Inc. | - |
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.