The Company operates as a full-service plumbing contractor providing new construction, remodeling, service, maintenance, and repair services across the residential, commercial, restaurant, hospitality, and industrial sectors. As a union-affiliated plumbing contractor, the Company utilizes skilled union plumbers and insulators to complete projects.
Key Aspects
- The Company grew adjusted EBITDA at a compound annual growth rate (CAGR) of 45.4% from 2022 to 2025.
- The Company maintains long-standing relationships with clients throughout the Midwest, as repeat clients accounted for 90% of the Company's 2025 revenue.
- The Company’s comprehensive plumbing service offerings position it as a one-stop provider for industrial, commercial, and residential clients.
- As a union-affiliated plumbing contractor, the Company has access to a highly skilled and certified workforce, enabling timely and efficient project execution.
Opportunities
- Implement technology and automation solutions to enhance operational efficiency.
- Increase sales outreach efforts and advertising initiatives to generate additional project opportunities and expand the client base.
- Grow the maintenance contract portfolio by pursuing maintenance of completed new construction projects with existing clients.
- Expand geographic reach to acquire more clients and scale the Company.
Headquartered
• Illinois, United States
Current Markets
• The Company services the residential, commercial, and industrial sectors, including high-rise buildings, multifamily developments, restaurants, hospitality, commercial properties, and industrial facilities in the Midwestern United States.
Real Estate
• The Company operates out of three neighboring facilities located in Illinois, consisting of a 6,800 sq. ft. office, warehouse, and fenced-in yard space property, a 2,000 sq. ft. concrete storage yard, and a 1,100 sq. ft. workshop, fabrication, and equipment maintenance area. All three facilities are owned by an affiliated entity and are not expected to be included in the sale of the Company; however, management notes that long-term leases can be negotiated.
Shareholder Objectives
• The Company is fully owned by a sole owner operator, who is seeking to exit the Company and pursue other unrelated opportunities. The owner is willing to remain for a transition period and is open to a variety of deal structures to facilitate a transaction.
