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Dec 18, 2019 — -2018 Financials: 40M rev, 5M EBITDA.
-2017 Financials: 64M rev, 10M EBITDA.
-2016 Financials: 27M rev, 1.4M EBITDA.
-Has 216 employees.
-Works with 25 insurance carriers with high customer retention rate.
-Revenue mix: 10% Catastrophic claims, 33% daily desk adjustments, 47% third party administrative, 10% staffing services.
-Owners objectives: 3 owners willing to sell 60-80% of company but not looking to completely exit, wants a nice bonus pool or equity position for key management members.
There is a buy side fee with this opportunity.