The Company stands as the premier manufacturer and service provider within the region, distinguished for its expertise in design, electric sign manufacturing, steel manufacturing, vehicle graphics, LED displays, corporate signage, and installation services.
Headquartered:
• Las Vegas, Nevada
Key Aspects:
• Revenue grew at a compound annual growth rate (CAGR) of 44% from 2020 through 2023.
• The Company's adjusted EBITDA margin averaged 7.5% from 2020 to 2023.
• The company has maintained an outstanding reputation in the industry, providing expert service to clients for 25 years.
• The company has high client retention, with 75% of revenue generated from repeat clients.
Current Markets:
• The company serves a diverse client portfolio in the casino, commercial retail, and government industries, specializing in the manufacturing and installation of custom electrical signs and the manufacturing of steel.
Shareholder Objectives:
• The company is owned by one owner who is seeking to financially de-risk and remain with the company for an extended transition period to assist in future growth. Ownership is open to various deal structures to facilitate a transaction.
Real Estate:
• The company operates from a 54,000-square-foot big-box facility alongside a 130,000-square-foot open yard. Both facilities are leased from unrelated third parties. Management notes that the leases are assumable.
Opportunities:
• The steel division has significant potential for expansion, with the capacity to increase its output by approximately 300%, according to ownership.
• The sign division can grow significantly in adjacent markets such as California, Arizona, and Utah without any additional infrastructure.
• Expand product and service offerings to include additional fabrication and installation to better serve the existing client base.
• Establish a strategic marketing campaign to capture additional market share.
