Genserve LLC
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Genserve LLC - overview
Established
1990
Location
Plainview, NY, US
Primary Industry
Power & Utilities
About
GenServe, Inc. provides essential generator maintenance, repair, upgrades, sales, and emergency response services, ensuring efficient operation for clients across various sectors. Founded in 1990, GenServe, Inc. is based in Plainview, US, and specializes in generator services.
The company has undergone strategic changes and was recently acquired by Aurora Capital Partners from GenNx360 Capital Partners on August 1, 2024. GenServe is a leading provider of commercial generator maintenance, repair, upgrades, sales, and emergency response services. The company specializes in maintaining and servicing all makes and models of industrial generators, ensuring they operate efficiently and effectively for their clients. GenServe's offerings cater to businesses that rely on backup power systems, providing peace of mind during outages or emergencies.
The company serves over 10,000 customers across sectors, with active services in New Jersey, New York, Pennsylvania, Texas, and Florida, adhering to industry standards like the NFPA 110 standard for generator inspections. GenServe operates on a transactional model involving both one-time services and ongoing maintenance agreements tailored to commercial clients. Engaging in B2B transactions, the company primarily serves businesses needing reliable generator support and emergency service. Customized service contracts are available, including routine maintenance, upgrades, and emergency repairs, ensuring operational reliability.
While specific pricing is proprietary, a range of service levels is offered to meet diverse operational requirements. The company plans to launch new products and enter new markets to enhance its service portfolio. Specific details on upcoming product launches and targeted regions for expansion are to be outlined in their strategic growth plan.
Current Investors
GenNx360 Capital Partners
Primary Industry
Power & Utilities
Sub Industries
Facilities & Maintenance Services, Equipment Rental & Leasing, Power Generation Equipment & Services
Website
www.genserveinc.com/
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Genserve 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 | Valleywide Generator Service, LLC | - | ||||||||
| Add-on | Completed | Power And Energy Services, Inc. | - | ||||||||
| Secondary Buyout | Completed | Genserve LLC | - | ||||||||
| Add-on | Completed | Electro-Motion, Inc. | - | ||||||||
| Add-on, Corporate Carve Out | Completed | Austin Generator Service | - |
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