No photo available

Details

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.
Key Aspects
• 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
Opportunities
• 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
Headquartered
• Mid-Atlantic U.S.
Current Markets
• 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.
Real Estate
• 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.
Shareholder Objectives
• 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.

Learn More

Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.