The Company is an industrial environmental contractor that delivers an array of environmental compliance and training services. The Company specializes in railroad, oil & gas, and industrial facility maintenance from its headquarters and satellite offices across the United States. For more than 26 years, the Company has established a reputation for executing compliance-driven, multi-site programs. The Company is recognized for an unwavering focus on safety, reliability, and consistent project execution.
Key Aspects
- The Company grew revenue and adjusted EBITDA at compound annual growth rates (CAGRs) of 13.9% and 22.7%, respectively, from 2022 to 2025.
- The Company has established a longstanding reputation for quality and safety, contributing to a 90.0% client retention rate.
- The Company maintains a highly skilled labor force through ongoing training to ensure consistent workmanship and employee retention.
- Master service agreements (MSAs) with large, publicly traded, energy and railroad companies generate repeat revenue for the Company.
Opportunities
- Broaden service offerings in targeted areas to acquire additional clients and drive scalable growth.
- Implement a strategic marketing campaign to broaden the Company's client base and showcase service offerings.
- Expand the Company's addressable market by performing services in the surrounding areas of its operational territory.
- Gain more projects by capitalizing on the recent passage of the Infrastructure Investment and Jobs Act.
- Leverage existing relationships to establish additional service agreements, strengthening repeat revenue streams.
Current Markets
- The Company primarily serves in the midstream oil & gas, refinery, railroad, and industrial sectors across the United States.
Headquartered
- Rocky Mountains, U.S.
Shareholder Objectives
- The Company is owned by a single shareholder who is seeking a full-exit from the Company to pursue retirement. The owner is open to various deal structures to facilitate a transaction.
Real Estate
- The Company operates from four facilities totaling 16,861 sq. ft. across the United States. Management notes that one of the facilities is owned by an affiliated entity and may be included in the transaction or a long-term lease may be established with new ownership. The remaining three facilities are leased from unrelated third parties, with leases that are assumable by new ownership post-sale.
