Details - Information last confirmed on May 6, 2021
The company is a full-service traffic signal and lighting systems construction and maintenance business located in eastern Pennsylvania with a brand reputation approaching 40 years. They provide a range of services both project-based and under contract to general contractors, municipalities and PennDot spanning geographically over 11 counties. The company has experienced steady growth over the last three years. They are pre-qualified with PENNDOT and are non-union.
Summary Investment Considerations:
• Company is PENNDOT pre-certified for PA traffic signal new construction and maintenance.
• Consistent sales and profit margins with a running 6-12 month project backlog.
• Key employees are Level 3 and Level 2 certified with ISMA.
• Well-maintained assets and fleet.
• Long-term relationships and outstanding reputation with key General Contractors in the region.
• High margin maintenance, emergency, and supply work with over 500 hundred signals under contract.
• Owner retiring but will assist for smooth transition.
• Employee and fleet infrastructure are poised for adding additional tangential market segments.
• High-growth region with excellent expansion potential.
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