The Company installs and services automated teller machines (ATMs) and security equipment primarily for banks, commercial construction contractors, and security equipment manufacturers in the US. The Company provides turnkey rigging, construction, and design-build services to support complex equipment deployments nationwide.
Key Aspects
· The Company has maintained a strong average adjusted EBITDA margin of 10.7% from 2022 through 2024.
· 95% of the Company's revenue is generated from repeat clients, reflecting strong client relationships and service reliability.
· The Company secures a significant volume of contracts, resulting in a backlog totaling $2,527,467 as of May 31, 2025.
· The Company operates from three strategically located facilities across the United States, supporting efficient service delivery and strong customer coverage across key markets.
Opportunities
· Secure additional top-tier bank clients through direct contracts or partnerships with ATM original equipment manufacturers (OEMs) to increase client base.
· Expand upon existing bank equipment services with a higher focus on decommissioning vaults, vault doors, safe deposit boxes, and vacuum air tubes (VATs).
· Increase construction revenue by pursuing larger-scale, design-build, and permitted projects that align with current capabilities.
· Pursue geographic expansion into new markets to increase brand presence, reach new client segments, and drive revenue growth.
Headquartered
· Midwest US
Current Markets
· The Company primarily serves clients in the banking, commercial construction, and security equipment manufacturing end markets.
Real Estate
The Company operates from three facilities located across the United States. One of the facilities is owned by an affiliated entity, leased to the Company, and is not expected to be included in the transaction. However, management notes that the facility can be leased to new ownership post-sale. The other two facilities are leased from unrelated third parties and management notes the leases are assumable.
Shareholder Objectives
The Company is owned by a sole owner operator who is seeking to retire. The owner is willing to remain for a brief transition period and is open to a variety of deal structures.
