The Company is an electrical contractor serving the residential, industrial, commercial, agricultural, and institutional end markets in the Midwestern United States. The Company also provides services for an affiliated solar Company.
Key Aspects
· Broad portfolio of diverse services providing multiple cross-selling opportunities
· The Company is the area's largest locally-owned and family operated electrical contractor.
· Impressive historical revenue growth evidenced by a compound annual growth rate (CAGR) of 58.2% from 2020 to 2023
· In operation since 1983, the Company has built a reputable brand name in its service region and is highly regarded by clients
· High client retention and referral rates (each over 75%) generating substantial repeat and new business
Opportunities
· Penetrate new client base by introducing low-voltage services · Capitalize on the influx of new construction opportunities in surrounding tri-state areas
· Capture the rising demand for green energy solutions
· Increase depth of the sales team infrastructure
Headquartered
· Midwest, United States
Current Markets
· The Company provides electric services for the commercial, industrial, residential, agricultural, and institutional end markets in the Midwestern US.
Real Estate
· The Company operates in a 25,000 sq. ft. facility in the Midwest.
· The Company's headquarters is owned by an affiliated entity and is not expected to be included in the sale however, a long-term lease can be negotiated.
Shareholder Objectives
· The owner wishes to remain with the Company post-sale and is open to various deal structures to facilitate a transaction.
