The Company is a turnkey solutions provider that specializes in the design, build, fabrication, and installation of custom control panels and power distribution systems that support on-grid and off-grid installations for commercial and industrial energy operations. Additionally, the Company offers troubleshooting, upgrades, and ongoing technical support for various control and electrical infrastructures.
Key Aspects
· The Company's revenue and adjusted EBITDA grew at a compound annual growth rate (CAGR) of 10.5% and 29.5%, respectively, from 2023 through the trailing twelve months (TTM) ending March 31, 2026.
· Turnkey operations allow the Company to manage all aspects of industrial and commercial projects to provide clients transparency throughout each project stage.
· The Company is a UL 508A certified panel shop, which signifies high-quality standards through a certification for industrial control panel builders.
· Management notes that the Company maintains a high client retention rate, with 95% of the TTM ending March 31, 2026 revenue being derived from repeat clients.
· The Company has Master Service Agreements (MSAs) in place with its largest clients.
Opportunities
· Expand the Company's geographic footprint into neighboring states by leveraging existing connections with clients who have projects throughout the U.S.
· Conduct a targeted marketing campaign to identify and secure additional industrial and commercial projects to further diversify the Company's client base.
· Continue to secure new project-based work by capitalizing on the significant increase in demand for data centers, AI infrastructures, and manufacturing plants throughout the region.
· Join various industrial and commercial trade associations to increase brand awareness and utilize the resources trade associations offer.
Headquartered
· Southwest, U.S.
Current Markets
· The Company predominantly serves industrial markets throughout a Southwest U.S. region seeking energy related support services and consulting for control panels and various low voltage applications.
Real Estate
· The Company operates three facilities in two cities in the Southwest U.S. The office and production facilities are located in the same city, while a secondary service facility is located in different city for work in the region. All three facilities are leased from unrelated third parties, and the leases are assumable by new ownership post-sale.
Shareholder Objectives
· The Company has two equal majority owners and one minority owner. Ownership is seeking a buyer that can contribute to the continued growth of the Company and the owners are open to various deal structures to facilitate a transaction.
