Established for more than 20 years, the company provides complete construction services for a broad range of industrial electrical & instrumentation (E&I) projects including new construction, small & large scale, project expansions, retrofitting, upgrades, control panels, emergency temporary power set up, and turnarounds.
Key Aspects
· Premier E&I contractor in served markets with strong brand, reputation, management, and expertise
· Dependable alliances with utility customers with a specialty in high and low voltage work
· Personnel are experts in electrical & power services specific to the industrial and commercial markets
· Diverse client base includes public and private sectors, oil and gas, and chemical
· Emphasis on safety with an Experience Modification Rating (EMR) of .85
Opportunities
· Highly favorable organic growth trajectory without any significant investment required, creating operating leverage for continued profitable growth
· Enter other high demand power & electrical markets including electric vehicle charging
· Expand to serve outside the current geographic market
Headquartered
· Southern US
Current Markets
· The company serves the commercial, chemical, oil and gas streams, grain, pulp and paper, and power industries in the Southern US.
Real Estate
· The business operates from a 12,000 square foot facility which is leased from an affiliated entity. The real estate can be included in the sale or leased to new ownership post-sale.
Shareholder Objectives
· Ownership is approaching retirement and seeks a more balanced lifestyle. The two owners are willing to remain with the company for a reasonable transition time to new ownership and are open to various deal structures.
*Revenue and EBITDA are TTM through 6/30/2023*
