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DBi Services

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Infrastructure operations and maintenance services

Hazleton, United StatesFounded 1978Transportation
Valuation $100–250M Last recorded · 2014
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About DBi Services

In 1978, brothers Neal and Paul DeAngelo started a small maintenance company in Hazleton, Pennsylvania, focusing on local residential and commercial properties. This humble beginning laid the groundwork for what would become DBi Services, a major player in infrastructure operations and maintenance. The core of the business was providing essential services like roadway maintenance, vegetation management, and traffic sign upkeep to government agencies and private companies. The company grew steadily from a local business into a global network with operations across the United States, Canada, and the United Kingdom. A pivotal moment in the company's journey occurred in 2016 when the DeAngelo family sold a majority stake to Sterling Partners, a private equity firm. This partnership was intended to fuel further growth and solidify DBi's market position, bringing in a new CEO to lead the expansion. Under new ownership, DBi pursued an aggressive growth strategy, making several acquisitions to expand its service offerings, including a move into intelligent transportation systems. However, the story took a sharp turn in October 2021, when DBi Services abruptly shut down, laying off approximately 2,000 employees across 45 states. In a surprising epilogue, the second generation of the DeAngelo family, through their new company DeAngelo Contracting Services, purchased the assets of the former family business, hiring back hundreds of former employees and aiming to rebuild on a more manageable scale.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1978
Headquarters
Hazleton, United States
Employees
434
Open positions
None listed
Dealroom signal
63.0/100
Industry
Transportation
Sector
Transportation
Client focus
b2b, b2c
Investment activity
4 companies, latest Jul 2018
Capital deployed
—
Preferred round
ACQUISITION

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Aug 2016 $0 — Sterling Partners · Norwest Mezzanine Partners · BNY Mellon-Alcentra Mezzanine Partners —
LATE VC✓Equity / VC Mar 2014 $35M $140M Sterling Partners · Norwest Mezzanine Partners · BNY Mellon-Alcentra Mezzanine Partners —
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Growth signals

DBi Services website traffic

Latest recorded traffic for DBi Services is 14K monthly website visits, down 33.3% over the last three months. DBi Services's team declined 2.3% over the past year.

Latest monthly visits14K 3-month web change-33.3% 1-year team growth-2.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later3 investors entered at this stage

  • BNY Mellon-Alcentra Mezzanine Partners
  • Sterling Partners
  • Norwest Mezzanine Partners

Other known investors2 additional known investors

  • Sterling Partners Private Equity
  • Tecum Capital Partners
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇺🇸 United States90.2%
🇨🇦 Canada3.8%
🇪🇬 Egypt2.3%
🇬🇧 United Kingdom2.3%
🇦🇪 United Arab Emirates0.8%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about DBi Services on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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