The Company is a contracting firm focused on niche installations for commercial properties and warehouses. The current owners acquired the Company in late 2020 and significantly expanded operations by hiring additional staff and integrating modern technology into internal systems. The business has more than quadrupled adjusted EBITDA since 2021.
Recently, the Company has become an authorized reseller, allowing it to sell products from key vendors to other companies in the industry. This new, high-margin revenue stream has substantial growth prospects due to the Company's strong vendor relationships.
Uniquely, the Company operates without leasing real estate or holding inventory, allowing it to minimize rent and warehouse costs.
The Company has no debt or liabilities and the current owners do not anticipate any ramp-up expenses for a new owner. The owners are exiting the company to focus on operating over a dozen other companies in their portfolios.
