The company is a union-affiliated, General Contractor, providing specialty construction services to a highly diversified client base. Project specialties include cleanrooms for the technology sector as well as numerous other construction services.
Key Aspects
• Revenue of $184 million and adjusted EBITDA of $18.9 million for year end December 31, 2023
• Highly regarded in the industry with an excellent reputation built over several decades
• Long-term contracts with tenured, high-profile clientele across wide ranging markets
• Exemplary safety record with an Experience Modification Rating (EMR) rating of 0.62
• Experienced employees and long-standing connections with subcontractors allows for consistent delivery of high-quality work
Opportunities
• The 2022 U.S. Chips & Science Act, which encourages semiconductor production in the United States is expected to boost tech industry nationwide
• Continued expansion of the equipment & civil construction service segments
• Increased presence of artificial intelligence will lead to a growth in the need for construction and updating of semiconductor plants
Headquartered
• Western USA
Current Markets
• The company serves the technology, healthcare, education, municipal & state government as well as aviation sectors.
Real Estate
• The company operates from a collection of offices, shops, warehouses and yards, leased from unrelated third parties aside from one location, which is leased from an affiliate party. Ownership will lease the affiliate-owned location post-sale.
Shareholder Objectives
• Ownership is seeking various objectives but are all in agreement of a transaction. Ownership is open to various deal structures to facilitate a transaction
