The company is a structural engineering firm with a reputation for innovative design and a diverse portfolio that showcases an experienced skillset capable of handling renovations, additions, new construction, and restoration engineering. The company has provided services for a vast array of structures, including commercial centers, parking garages, fire stations, residential facilities, historic theatres, historic structures, drainage structures, and industrial structures
Key Aspects
•Highly experienced team of engineers with decades of combined industry knowledge
•Structural design experience includes projects in the U.S., Mexico, the Middle East, and Puerto Rico
•Average adjusted EBTIDA margin of 38.3% from 2021 to 2023
•Strong portfolio of work and numerous, well-established client connections built over more than three decades in operation
•Winner of several awards for excellence and outstanding work in the structural engineering industry
• Extensive knowledge of all local code compliance, regulations, and safety standards
Opportunities
•Re-extend structural engineering service offerings to education and government projects
•Broaden primary geographic service area to encompass adjacent regions and states
•Hire additional project managers and engineers to take advantage of readily available Requests for Proposal (RFPs)
•Expand marketing efforts and social media presence to grow awareness of the company
•Federal, state, and municipal infrastructure investments are expected to continue through 2028
Headquartered
•Texas
Current Markets
•The company serves architects, owners, and general contractors for projects across many different industries, including the residential, industrial, healthcare, utilities, and commercial industries. The company also works on community-based projects, such as churches, libraries, and theatre & arts buildings.
Real Estate
• The company operates from a 6,300 square-foot office facility which is held by an affiliated entity. The property is expected to be leased post-sale.
Shareholder Objectives
•The company is owned by a majority shareholder and a minority shareholder who are seeking retirement and anticipate transition periods prior to their eventual full exits. Ownership would consider a variety of deal structures in order to facilitate a transaction.
**Financials are TTM 06-30-24**
