Tuesday, 13 February 2018

SECURITY CONTRACTOR to the UTILITY INDUSTRY (Midwest US)



Business Description:
This business has a MBE certification (therefore they are only interested is selling a minority stake) in the electrical contracting industry. Management has over 270 years of experience in the utility industry. They have status of Contractor of Choice (CoC) and are expecting to continue that preferred status in the next phase of the major utilities expansions. Their strong industry connections provide them with insight and mentoring as to what skills and abilities they will need to continue their growth.

Distribution:
They primarily work with large electrical utility companies nationwide. Their core business is high security fencing, transformer build outs, low voltage lighting, communication wiring, switch gear installation and camera installation.  They also do project management and quality control consulting. They are in the process of acquiring another security fencing company.

They pride themselves in their high level of quality and extraordinary safety record. The Owner is well connected in the industry and has the opportunity to bid on more work if they had the resources behind them.

The Transaction:

The Owner is seeking a strategic partner that can benefit from their MBE certification and can support their growth through industry contacts and capital for expansion. They are offering to sell a 40% equity stake. They would consider selling a majority stake to a MBE certified Buyer or a truly strategic partner.

 

Financial Summary  (000’s)

2018  Proj by Seller
2017 Est by Seller
2016
2015
Revenue
$38,000
$20,000
$20,00
$7,000
Adjusted EBITDA
$4,000+
$2,300
$1,400
$700

                                                                       
Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Midwest
Compiled
Yes
7
1731
     
Direct All Inquiries to:

Gottesman Company
Refer to:  S-1872 NTB
Tel:  212-330-8010      Fax: 646-434-4557
                                       Email: office@gottesman-company.com