Over 40 years in business, this well-regarded family-owned and operated firm is a leader in the highly specialized field of foundation pile work. Its ability to complete difficult projects ranging from excavation to full foundation buildouts to marine construction including seawalls, marine bulkheads, bridges, and piers has been rewarded with a steady stream of profitable civil and private projects.
Using a skilled non-union staff permits the company to entertain and win jobs of all sizes and types. Ownership’s commitment to timely, on-budget completion of all work has earned the firm “favored son” treatment on many municipal and larger private sector bids. Highly motivated, loyal, long-tenured employees and management’s insistence on maintaining a debt-free complement of relatively newer equipment has enabled the business to sustain and even flourish during recessionary and pandemic times.
Top-line growth since 2018 is a remarkable 35% with SDE averaging an equally impressive 25% of gross revenues, all achieved with virtually no advertising/ marketing! Scaling opportunities include the development and implementation of a marketing program, geographical expansion of the service area, and increasing focus on less competitive and more specialized segments of the core business such as marine construction.
Completing this legacy offering is the corporate-owned property which houses the office and all equipment, newer equipment permitting growth without capital expenditures in the near future, and an owner willing to stay on for extended transition.
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