Monday 21 January 2019

S-1845 RCL Waterscape and Swimming Pool Contractor (West Coast)



Business Description:
This company enjoys worldwide recognition for its iconic resort pools, spas and waterscapes for many of the finest hotel brands, spas and luxury homes. They specialize in planning, designing, engineering, constructing and maintaining water features and rockwork that blends seamlessly with the surrounding environment for a natural backdrop, setting the standard for Resort and Vacation Destination waterscapes.

Recently, the company has acquired their own facility, but, at the same time also, purchased another piece of land, for their new facility, to be built soon.

They have also acquired another company, in the residential pool/spa construction company recently, adding over 15 employees, with over 200 additional residential maintenance customers.

Distribution: Worldwide

Operational Strengths:
The company can be counted as one of the best in pool design, engineering, construction, and maintenance in the Asia Pacific arena, if not the world. The staff is well trained, highly skilled, with years of experience. They have clients across Asia, the Pacific, and the United States, and are best known for their work in the hospitality and tourism industry.

The Transaction:

The three senior partners are looking for liquidity as well as ending the ESOP. All three will stay on post transaction and run the company, while holding proportionately smaller equity shares in the business.

 

Financial Summary (000’s)

2018 Est. by Seller
2017
2016
Revenue
         25.0
19.8
23.2
Adjusted EBITDA
          4.0
1.3
4.1

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
West Coast
Reviewed
Yes
30+
1799

Direct All Inquiries to:

Gottesman Company
Refer to:  S-1845 RCL
Tel: 212-330-8010     Fax: 646-434-4557
                                      E-mail: office@gottesman-company.com