Price: nan
Revenue: $30,076,000
Ebitda: $7,924,000
Description:
The company is a project management and technical consulting firm. The company’s core services include project and construction management, project controls, and infrastructure consulting for both private and public clients.
Key Aspects:
Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 15.7% and 34.3%, respectively, from 2020 through the trailing-twelve-months (TTM) ending July 31, 2023
Gross profit margins averaged 38.9% from 2020 to 2022
Adjusted EBITDA margins averaged 17.3% from 2020 to 2022
The company has a backlog of approximately $34 million as of July 2023
Experienced team of over 200 engineers, coordinators, inspectors, consultants, and project managers in place
Opportunities:
Broaden service offerings to cover a wider range of infrastructure projects
Geographic expansion into areas of the Caribbean and the U.S. with high rates of construction activity
Focus on increasing the number of connections with general contractors, national and regional builders, architects, and real estate developers that work with the company
Continue to grow the company’s pharmaceutical and manufacturing projects portfolio
Current Markets:
The company serves private and public multinational corporations, as well as government agencies in a variety of industries.
Real Estate:
The company operates from a 21,000 sq. ft. facility leased from an affiliated entity and a 1,440 sq. ft. office space leased from an unrelated third party. Management notes there is room to grow in both locations and that long-term lease options are available.
Shareholder Ownership:
The company is owned by three shareholders, two of whom are active in the operations of the company. The active shareholders are willing to remain with the company following a sale to facilitate a smooth transition to new ownership.
Link to deal: here