This environmental and industrial services company ("Primo") offers turnkey solutions for its core customer base. The Company’s customers include municipalities, infrastructure groups, schools and private industrial companies. Primo deploys its experienced employees throughout the Southeast offering first-class abatement, remediation, emergency response, waste and industrial services. The Company did $12MM in revenue in 2015 and 11MM+ in revenue in 2016. For experienced buyers, Primo represents an opportunity to gain people, geography, customers and expertise.
Existing customers have asked Primo to provide services in a larger geographic scope than they currently serve. Additionally, there are several complementary service offerings Primo could cross sell to current accounts. The owners are aware of several acquisition opportunities that will support growth beyond their organic growth strategies.
Hundreds of small, mom and pop operators and dozens of national competitors compete in the environmental and industrial services market today. Most small companies aren't full competitors given they don't offer the complete scope of services Primo provides.
After nearly doubling revenues over the last five years, management is excited to take the Company to the next level with the support of a good strategic or financial buyer. Existing owners/key managers would like to stay on board and are open to retaining equity going forward. They want to stay on and be part of something bigger!
The right buyer has experience in the industrial/environmental services space. Strategic or financial buyers will find a dedicated management team serving a 400 mile radius area.
Asking Price Available On Request
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