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Details - Information last confirmed on January 18, 2021

Acquisition Opportunity: Industrial cleaning, environmental cleanup, midstream services & equipment rental.

The company has key service lines across the industrial cleaning & upstream/midstream value chain, with a very compelling equipment rental fleet that has seen substantial growth. The service company has had consistent growth in revenue & EBITDA margin over the last eight years due to a strong management team in each region and a diversified service offering. The company is boasting over 90 dedicated employees. The service company has a very diverse customer base ranging from large super-majors like Shell Oil Company, to larger US independents and private equity backed oil and gas companies.

The business has diversified over the last several years into industrial, utility & construction. The business works for companies across several states on large infrastructure project and in-plant maintenance work. The company continues to scale operations across Texas, Oklahoma, and New Mexico, all while opening two new locations in 2020 in both Arizona & Nevada. The company has a growing demand across the underground infrastructure, utility, municipal & construction markets, and is currently operating HydroVacs across seven states on various utility, pipeline, municipality, and construction projects.

Services Include:
Large Guzzler Trucks & Hydrovacs: pit jobs, tank cleaning, hydro excavation and line locating for midstream and pipeline work, mud pit clean outs on drillings sites, railcar cleaning services, downstream & midstream services. Environmental cleanup, industrial services, agriculture & fertilizer plant cleanup services, chemical plants, petrochemical plants, soil remediation, municipality, sewer, wastewater treatment services, underground utility infrastructure and fiber optic locating services.

Hydro excavation is also commonly referred to as "daylighting, potholing, and non-destructive excavation."

Industrial rental equipment fleet utilized across construction projects, utility, and energy sector:
Generators, acid tanks, heaters, trash trailers, 100+ new campers/RVs for consultants/company man light plants & towers, port-a-potties, pressure washers, combo units, 12 mini vac trailers, water trucks, fluid logistics & sales.

2019: $17,800,000 EBITDA 2019: $6,00,000

*New HydroVac, Utility & Midstream division created Q3 2019 for daylighting and line spotting.

( Historical financial data and financial models available on request via VDR, upon an executed NDA )

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