INCORP, 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.

INCORP, Inc. - overview

Established

1996

Location

Evansville, IN, US

Primary Industry

Construction

About

Incorp Industries is a provider of industrial multi-craft contracting services, specializing in areas such as insulation, scaffolding, and fireproofing to meet diverse industry needs. Incorp Industries focuses on multi-craft contracting services for industrial clients. Founded in 1996 by Perry Gray in Evansville, US, the company has undergone strategic changes, including a significant acquisition in November 2020, led by a consortium including Midwest Growth Partners. CEO Marcelo Barbosa oversees operations as the company caters to various sectors with a robust service portfolio.


Incorp Industries specializes in comprehensive industrial multi-craft contracting services, focusing on industrial insulation, scaffolding, industrial coatings, metal siding, fireproofing, abatement, and shutdown and turnaround services. These offerings address complex challenges in sectors such as petrochemical, power generation, aerospace, and water treatment. With over 25 years of expertise, the company meets the needs of a diverse client base, including large manufacturing facilities and infrastructure projects across the United States and globally. Their services are tailored to enhance operational efficiency, safety, and asset longevity, ensuring that project objectives are achieved on time and within budget.


Incorp Industries operates on a B2B transaction model, generating revenue through project-based contracts that include fixed-price agreements for large-scale installations and ongoing service contracts for maintenance. Clients negotiate specific pricing arrangements based on project scope and complexity. The company employs proprietary estimating software to ensure competitive pricing and accurate assessments, reinforcing its reputation for reliability. A strong focus on long-term client relationships contributes to a sustainable revenue stream.


Incorp Industries plans to utilize funding received from the acquisition deal finalized in November 2020 to support its growth initiatives. The company aims to expand into new markets, particularly targeting the aerospace and international water treatment sectors by 2023. Upcoming products and service enhancements are in development, although specific details are not disclosed.


Current Investors

Parkway Capital Investors, Midwest Growth Partners, Lowe Capital

Primary Industry

Construction

Sub Industries

Recruitment/Executive Search, Construction

Website

www.incorpindustries.net

Verticals

Infrastructure

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

INCORP, Inc. - 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)
BuyoutCompletedINCORP, 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.