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Details - Information last confirmed on June 21, 2021
The company specializes in municipal bridge rehabilitation and heavy highway repair projects. It has completed rehabilitation and new construction work on over 100 bridges.
•Firms from across the US ask the company to act as a subcontractor because of its expertise working on complex jobs and sterling reputation
•Recent focus on sizeable bridge rehab projects has spurred revenue growth
•Longstanding relationships with numerous DOTs
•Committed employee base which allows the company to perform challenging work in efficient timeframes
•Backlog of $5.4M as of December 31, 2018
•Nearly four in ten bridges are 50 years old or more, and many of the nation´s 600K+ bridges are nearing the end of their useful life
•Hire additional senior project managers
•Purchase more equipment to expand service offering
•Pursue more jobs across the Southeast
•Bring synergistic services in-house
•The 9,000 sq. ft. affiliate-owed operating facility sits of 5.3 acres. There is plenty of room to expand in the current facility. The owner would like to sell the real estate and the business.
•The owner would like to get an exit strategy in place. He is open to remain with the company for 3-5 years to continue to grow operations if desired.
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