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Details

The company is a full-service commercial and institutional glazing contractor specializing in healthcare projects. It designs, fabricates and installs custom made pre-glazed unitized window systems. It offers a complete line of impact-resistant and non-impact resistant curtain wall and window wall products for commercial and residential applications.
Key Aspects
• One of the largest commercial glazing contractors and manufacturers in the Southeast
• $23.8M in secured backlog as of June 2021
• 33.1% average gross profit margin over the last four years
• Perform 95% of work in-house, and mainly outsources steelwork and caulking labor
• 97% of revenue is from commercial projects and 3% from residential high-end single-family estates
• Completed nearly 338 projects in the last two years
• Highest water design ratings in the industry at 100 psf.
• Developed and tested the first impact-resistant, four-sided, structurally glazed system in the U.S.
• In-house drafting department
Opportunities
• Pursue uncovered territories and increase customer base
• Acquire or lease a larger location to support growth
• Expand operations and add a second shift
• Create new glazing systems and push them through existing channels
Headquartered
• Southeast
Current Markets
• Commercial clients (healthcare, institutional, retail, hospitality) and high-end single-family estates. Mainly servicing the State of Florida; however, the company has performed projects nationwide and in the Caribbean.
Real Estate
• The company operates from two facilities in the Southeast. Both facilities are leased from affiliate-owned companies and they can be included as part of the sale, or leased from the owners.
Shareholder Objectives
• Four total shareholders, two of which are actively involved in the business. The active owners are planning for retirement and feel the company is in a position where new ownership can take advantage of the growth opportunities in the industry. They are all open to remaining active for a transition period.

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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.