The company provides excavation and site preparation services for commercial and residential construction projects. The Company primarily operates in the Southern United States and has built a reputation for providing best-in-class services in the region.
Key Aspects
• Over $12.5 million in fixed assets and equipment
• Organic revenue growth averaging a 37.3% increase from 2020 through 2022
• Outstanding reputation and regional brand in Alabama warrants direct requests for job bids from clients
• Ability to deliver a variety of services for both commercial and residential projects increases the diversification of the Company’s portfolio
Opportunities
• Expand operations to new geographic regions to capture unrealized market share
• Increase service offerings to capitalize on the $1.2 trillion Bipartisan Infrastructure Law (BIL)
• Invest in new equipment as technological advances are made in the industry
• Develop a marketing plan to grow the Company’s brand in regions outside of its current state of operation
Headquartered
• Southern United States
Current Markets
• The Company primarily provides its services to engineering firms and real estate development companies
Real Estate
• The Company operates from three facilities located on eight acres of land leased from an affiliated entity
• The real estate is for sale, or a long-term lease can be arranged with the owner
Shareholder Objectives
• The Company has three owners (98%, 1%, 1%) one of whom is actively involved in the management of the company
• The majority owner is seeking retirement and is willing to remain for a transition period, while the two minority owners are seeking a full exit
