Business Description: The Company provides value added
services and onsite employees in connection with duties including project
oversight, contract administration, scheduling, and claim resolution for large
construction projects. Its reputation is
excellent, and the Company has established industry relationships along with
repeat customers.
Distribution: The Company focuses on large local
governmental agencies and serves as either as sub-consultant or prime
consultant. Many of the Company’s
engagements are multi-year projects, some with options for extension. There is an abundance of work anticipated for
the foreseeable future from public agencies in the Company’s local market.
Operational Strengths: Construction Management Contracts involving
public agencies are awarded based on qualifications, not low bid. The Company is very selective in its
selection of competent employees - a key aspect to the Company’s success in
obtaining recurring work with the region’s major public agencies. The Company has established a solid and well
respected presence in its local market which is a difficult market for other
prospective competitors to enter.
The Transaction: The owners wish to retire and transition
the business to a new owner that will continue to grow the Company. The owners believe that the ideal acquirer is
a large engineering or construction management firm that would like to gain a
foot-hold and expand dominance in the Company’s local market.
Financial Summary
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2018 Est by Seller
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2017
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2016
|
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Revenue
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$2.75M
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$2.6M
|
$1.3M
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Adjusted
EBITDA
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$800K
|
$746k
|
$200K
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Other
Highlights
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Location
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Financials
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Management Team in Place
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Years in Business
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SIC Classification
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Southwest U.S.
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Compiled
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Yes
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11
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874104
|
Gottesman Company
Refer
to: S-2807-3 JWT
Tel: 718-618-5346 UK Office: +44 (0) 7906786505
E-mail:
dmj@gottesman-company.com