Northstar Group Services

New York, United States Founded: 1986 • Age: 40 yrs Acquired By J.F. Lehman & Company
Construction management services are provided to clients across projects.
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About Northstar Group Services

Northstar Group Services is a company based in New York (United States) founded in 1986 was acquired by J.F. Lehman & Company in June 2017.. Northstar Group Services has raised $29.5 million across 2 funding rounds from investors including sei, Pinnacle Ventures and Ropart Asset Management. The company has 818 employees as of December 31, 2021. Northstar Group Services has completed 2 acquisitions, including Heneghan Wrecking and Trans Ash.

  • Headquarter New York, United States
  • Employees 818 as on 31 Dec, 2021
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Real Estate & Construction → Construction, Engineering & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $29.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $18 M (USD), Series B

    Nov 14, 2007

  • Investors
    sei

    & 7 more

  • Employee Count
    818

    as on Dec 31, 2021

  • Investments & Acquisitions
  • Acquired by
    J.F. Lehman & Company

    & 1 more

    (Jun 13, 2017)

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People of Northstar Group Services
Headcount 1000-5000
Employee Profiles 14
Employee Profiles
People
Gary Thibodeaux
VP & Director of Health & Safety
People
John M. Leonard
Chief Operating Officer
People
Jeffrey P. Adix
VP & Chief Financial Officer
People
Scott E. State
Chief Executive Officer

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Funding Insights of Northstar Group Services

Northstar Group Services has successfully raised a total of $29.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $18 million completed in November 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series B — $18.0M
  • First Round

    (02 Jun 2004)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2007 Amount Series B - Northstar Group Services Valuation

investors

Jun, 2004 Amount Series A - Northstar Group Services Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Northstar Group Services

Northstar Group Services has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include sei, Pinnacle Ventures and Ropart Asset Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Early-stage companies are invested in globally by TL Ventures.
Founded Year Domain Location
Venture capital investments are offered to promising startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Northstar Group Services

Northstar Group Services has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Heneghan Wrecking and Trans Ash. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Contract-based structural and interior demolition services are provided.
1973
Civil construction and landfill management services are provided nationwide.
1960
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Northstar Group Services

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Northstar Group Services Comparisons

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Competitors of Northstar Group Services

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Northstar Group Services

Frequently Asked Questions about Northstar Group Services

When was Northstar Group Services founded?

Northstar Group Services was founded in 1986 and raised its 1st funding round 18 years after it was founded.

Where is Northstar Group Services located?

Northstar Group Services is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Northstar Group Services a funded company?

Northstar Group Services is a funded company, having raised a total of $29.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $11.5M, raised on Jun 02, 2004.

How many employees does Northstar Group Services have?

As of Dec 31, 2021, the latest employee count at Northstar Group Services is 818.

What does Northstar Group Services do?

Northstar Group Services was founded in 1986 and is headquartered in New York, United States. Operations are focused on the construction sector, where management services are delivered to oversee project planning, execution, and coordination. Expertise is applied to various construction initiatives, ensuring compliance and efficiency in urban and regional developments. The company maintains a presence through its domain, northstar.com, supporting clients in the United States.

How many acquisitions has Northstar Group Services made?

Northstar Group Services has made 2 acquisitions, including Heneghan Wrecking, and Trans Ash.

Who are Northstar Group Services's investors?

Northstar Group Services has 8 investors. Key investors include sei, Pinnacle Ventures, Ropart Asset Management, TL Ventures, and Benchmark.

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