IVS

What IVS does

IVS Group, Inc. is a privately held industrial services company founded in 1972 in Wood County, West Virginia, originally as Industrial Valve Services before pivoting in the late 1970s to high-pressure water cleaning and vacuum truck services, and expanding into hydrodemolition in 1997. Headquartered on a 39-acre complex in Institute, West Virginia, the company operates approximately 300 employees and runs a diversified portfolio of six divisions: Hydrodemolition & Construction (high-pressure water-jet scarification of concrete at 5,000–40,000 psi, with computer-controlled robotics and proprietary Latex Modified Concrete for bridge decks), Industrial Services (dry and wet vacuum, hydro-excavation, boiler cleaning, sandblasting, coatings removal, industrial rentals), Commercial Diving via the wholly-owned Underwater Services, Ltd. subsidiary, Silo Services through IVS Silo Services / Industrial SiloSource, Dredging Services (Cutter Head and Remote Controlled Dredges), and Environmental and Cleaning divisions.

The business is project-based and bid-driven, with sales offices in Pittsburgh, Lexington, and Tampa supporting an active book of 200–300 projects per year across more than 40 U.S. states, delivered through a 210-vehicle fleet and 12 hydrodemolition rigs that repair over 1.5 million square feet of concrete annually. Customers span local, municipal, and federal government entities plus global industrial players across metal, chemical, petrochemical, mining, energy, forestry, glass, plastic, transportation, and specialty gas production. Pricing is quote-based (no public disclosure) and the company is run by a closely held ownership group, with Fred Clark as sole remaining stockholder. The firm has demonstrated sustained momentum, with management citing a 35% year-over-year sales increase, four consecutive years of double-digit sales growth, four acquisitions in the past eleven years, and a quadrupling in size since 1998.

Name

IVS

Legal name

IVS Group, Inc.

Website

https://ivsgroup.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

251–500 employees

Short description

IVS Group, Inc. is a privately held, West Virginia-based industrial services contractor founded in 1972, operating six divisions — hydrodemolition, industrial services, commercial diving, silo services, dredging, and environmental — that serve government entities and global industrial customers across more than 40 U.S. states.

Ownership category

akta.pro rank

Headquarters

HQ city

Institute

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Industrial Services: Provides dry & wet vacuum service, hydro-excavation, boiler cleaning, sand blasting, coatings removal, and other industrial cleaning services. Revenue is generated through project-based contracts and services rendered to industrial clients.
2. Hydrodemolition & Construction: High-pressure water scarification or full elimination of concrete surfaces for bridges, tunnels, walls, and diverse surfaces. Includes specialty concrete services.
3. Commercial Diving Services: Industrial diving services including underwater repairs, inspections, video inspection, pipe inspection, underwater welding, and marine construction through wholly-owned subsidiary Underwater Services.
4. Silo Services: Cleaning, inspection, repair, and retrofit of industrial silos and bins through IVS Silo Services division.
5. Industrial Equipment Rentals: Diverse fleet of rental equipment including roll-off trucks, roll-off boxes, frac tanks up to 20,000 gallons, vacuum boxes, dewatering boxes, sludge pumps, skid steer loaders, excavators, containment berms, and waste liners.
6. Hydraulic Dredging Services: Cutter Head Dredges and Remote Controlled Dredges for coal slurry pond dredging, waste management plants, dewatering, and flash ponds.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

IVS Group provides industrial services to government entities and major industrial companies through six operating divisions: Hydrodemolition & Construction (high-pressure water concrete removal and specialty concrete), Industrial Services (vacuum, hydro-excavation, boiler cleaning, sandblasting, coatings removal), Commercial Diving via subsidiary Underwater Services, Silo Services, Industrial Coatings, and Environmental Services. Offerings are delivered as project-based contracts across more than 40 states, with a 210-vehicle fleet supporting 24-7 scheduled and emergency response.

Product overview

IVS Group is a multi-service industrial services company operating multiple specialized divisions rather than a single unified product platform. The core offerings include: Hydrodemolition & Construction (using high-pressure water jets for concrete removal and specialty concrete services); Industrial Services (vacuum, hydro-excavation, boiler cleaning, sandblasting, and industrial rentals); Commercial Diving through its Underwater Services subsidiary; Silo Services through IVS Silo Services/Industrial SiloSource; and Dredging Services for mining and utility operations. Additional divisions include Industrial Coatings, IVS Environmental, and IVS Cleaning. The company was established in 1972 and serves industries including metal, chemical, petrochemical, mining, energy, forestry, glass, plastic, transportation, and specialty gas production.

Differentiator

Problem solved

Functional benefit

Brands

• IVS Hydro Inc. Water blasting services (5,000 to 40,000 psi), hydrodemolition for bridges, specialty concrete services including Latex Modified Concrete (LMC).
• IVS Industrial SiloSource
• IVS Industrial Coatings
• IVS Environmental
• IVS Cleaning
• Underwater Services, Ltd.

Products and services

• Hydrodemolition & Construction Uses high-pressure water jets (5,000 to 40,000 psi) to scarify or fully eliminate concrete surfaces and expose underlying rebar for potential reuse. Applies advanced computer-controlled robotics to bridges, tunnels, walls, and diverse surfaces for fast-track hydrodemolition projects, and includes specialty concrete and construction services. Designed for government transportation agencies and large industrial customers needing bridge deck and structural concrete rehabilitation.
• Industrial Services

Quantifiable outcome

• Over 1.5 million square feet of concrete surfaces repaired per year
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Underwater Services, Ltd.coreOthersWholly-owned subsidiary providing commercial diving services including underwater repairs, inspections, video inspection, pipe inspection, explosion proof cameras, foreign object removal, turbine inspection, marine construction, pipeline installation/inspection, hazardous materials diving, underwater drilling, and underwater welding.

Scale indicators13 records

Recent moves7 records

Expansion highlights5 records

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Customer concentration

• Facebookfacebook.com/ivshydro

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IVS