This opportunity represents the acquisition of an established Mechanical, Electrical, Plumbing, and Fire Alarm construction services platform supporting the development of approximately 3,000–5,000 multifamily apartment units annually across the Carolinas.

The company generated approximately $42MM in revenue and over $7.4MM in EBITDA in 2025, supported by long-standing relationships with leading developers and general contractors throughout the region and a strong reputation for reliable project execution.

The business serves as a trusted subcontractor partner on large-scale multifamily developments and participates in projects from early construction phases through completion. Nearly all project opportunities are generated through repeat contractor relationships and inbound bid invitations, resulting in a consistent project pipeline without formal marketing or sales efforts.

The company currently maintains approximately $72MM in contracted backlog, representing roughly 18 months of forward work, providing strong revenue visibility and a stable project pipeline.

The company also benefits from a diversified customer base, with no single customer representing more than 10% of total revenue on an aggregated basis over the past three years.

At any given time, the company manages 10–12 active projects, with the typical multifamily development spanning approximately 16–20 months from start to completion.

In addition to traditional subcontracting services, the company also performs adaptive reuse developments where it serves as the general contractor, managing the full construction scope. These projects often generate higher margins due to their complexity. The company’s current largest project is a $24MM adaptive reuse redevelopment, demonstrating its ability to manage large-scale construction projects.

Operations are supported by an experienced project management team and a well-established network of subcontractor partners, many of whom have worked with the company for more than two decades.