Electrical Contractor in High-Growth Market (Non-Union)
Business Description
With over two decades of operational excellence, the Company is a multi-state, premiere electrical contractor specializing in commercial, industrial, government, and residential work. The Company generally completes hundreds of smaller projects each year, coupled with 2 to 5 larger projects. Broad project capabilities include: electrical, low voltage, infrastructure, maintenance & service, green energy, and design-build.
INVESTMENT APPEAL
• Superior Name and Reputation: The Company enjoys a long-standing reputation for quality services and superior customer support. The Company is well-known for its expertise on meeting the needs of complex, fast track projects.
• Increasing Revenue and Decreasing Operating Expenses: The Company’s revenue increased at a CAGR of 59.1% during the historical period. Operating expenses decreased as a percentage of sales from 33.5% in 2022 to 14.7% in 2024. Profitability (adj. EBITDA) increased from 4.9% in 2022 to 18.6% in 2024.
• Backlog of Signed Contracts: As of January 2025, management indicates the Company holds an approximate backlog of $700,000, which may increase as new projects are bid.
• Management Will Remain through Transition: Management is willing to remain through the transition period, in order to preserve operational cohesiveness.
INVESTMENT APPEAL
• Superior Name and Reputation: The Company enjoys a long-standing reputation for quality services and superior customer support. The Company is well-known for its expertise on meeting the needs of complex, fast track projects.
• Increasing Revenue and Decreasing Operating Expenses: The Company’s revenue increased at a CAGR of 59.1% during the historical period. Operating expenses decreased as a percentage of sales from 33.5% in 2022 to 14.7% in 2024. Profitability (adj. EBITDA) increased from 4.9% in 2022 to 18.6% in 2024.
• Backlog of Signed Contracts: As of January 2025, management indicates the Company holds an approximate backlog of $700,000, which may increase as new projects are bid.
• Management Will Remain through Transition: Management is willing to remain through the transition period, in order to preserve operational cohesiveness.
Listing Info
- ID
- 2071950
- Listing Views
- 1142
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