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The company is a full-service class A general commercial contractor in the Mid-Atlantic U.S. The company's services include design-build, general contracting, construction management, and land development for several locally and nationally recognized clients.
• The company’s revenue and gross profit had a compound annual growth rate (CAGR) of 8.5% and 14.2% from 2018 to 2021, respectively
• Revenue growth of 21.3% from 2020 to 2021
• Bonding capacity of five million for a single project with an aggregate program in range of $10 million
• Backlog as of December 31, 2021, is $11 million
• Adjusted EBITDA CAGR of 87.4% from 2018 to 2021
• Experienced construction in a variety of industries, including commercial, retail, sports and recreation, and light industrial
• Experienced builder in 15 states with the capability to service 34 states
• Established and highly experienced management team
• Capitalize on the natural organic growth of the company
• Expand client base and projects to the remaining 19 certified states
• Benefit from work in progress (WIP) contracts totaling $24.5 million in total contract revenue as of FYE 2021
• Utilize established contract vehicles with regional and national clients
• Propagate from the natural construction industry growth of two percent in revenue from 2021-2026
• Mid-Atlantic U.S.
• Market segments include retail, restaurant, food service, light industrial, sports and recreation, hospitality, commercial, and office construction. The company has national experience with the ability to work in 34 states.
• The company operates from a 10,000 sq. ft. facility leased from an affiliated entity. Ownership is willing to sell the asset or enter into a long term lease agreement. There is room to grow in the current location.
• The company has one active owner. He wants to exit the company but is willing to stay for a short transitory period, following a potential sale.
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