Friday 8 March 2019

S-2994-1 CES Video system Integration and Design (US)




Business Description:  
Designs, engineers and builds television stations, video production facilities, video production trucks and mobile productions systems. Clients Fox, NBC, ABC, Bloomberg, AOL, Intel and Dow/DuPont. Government clients include the US Navy, the US Army. Other clients include schools, House of Worship and city and state government entities. Systems have been built for foreign clients in China, Nigeria, Libya, Egypt, Bulgaria, Trinidad, Jamaica, St. Thomas, Guatemala and Mexico.

Distribution:  
Representing over one hundred video and audio equipment manufacturers. Church, Schools, and Television, IPTV Stations and Production Facilities. With several units already built and installed for the US Navy, substantial sales are expected as the Navy continues to modernize its fleet. With written confirmation that the Navy will be upgrading or building new ships that will total over 35 units. OB Trucks, Video Trucks and SNG Vehicles. Custom built vehicles from 20 to 50 feet with optional satellite uplinks. Mobile Productions Systems Up to ten cameras including robotics and Instant Replay dishes. With over $5,000,000 worth of projects in process as of February 2020 and signed backlog of $29,000,000

The Transaction:

The owner is ready to retire but could stay on for a period with executed agreement to help with the transition and training.

Financial Summary (000s)

2019
2018
2017
Revenue
3.0 M
4.7 M
4.7 M
Adjusted EBITDA
848k
1.1 M
1.3 M

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
West Coast
Reviewed
Yes
21
3663


Direct All Inquiries to:

Gottesman Company
Refer to:  S-2994-1 CES
Tel: 718-618-5346      UK Office: +44 (0) 7906786505
                                       Email: dmj@gottesman-company.com

Monday 4 March 2019

S-2990-2 CES Well Established Concrete Business (US)



Business Description: Providing full service concrete contracting, this team can pour concrete when the temperature is above 20 degrees, reducing the non-working days significantly.  They can complete most of the concrete work on a site from excavating and pouring footings to pumping concrete to form 60-foot walls.  Meeting a customer’s needs both large and small, projects range from $100,000 - $1,500,000. 

Distribution: Currently working with schools, including Purdue University, there is exponential room to increase contracts in this sector.  They have completed projects such as student housing apartments and increasing the relationship with the school could open doors to continued long-term opportunities.    

Operational Strengths: This midwestern headquarters has been fairly buffered from recent recessions and economic downturns. Business is located on a single, large 3-acre property.  The main building has 4,500 square feet of space and contains the office and the main shop.  There is also a stand-alone shop with 2,500 square feet of open space.  An additional 200 ft long by 15 feet deep lean-to storage area is available for use. This business operates within an 80-mile radius of their headquarters. Will work in both small and large cities within their operational range. 

The Transaction: The owner will stay on for 3-5 years post close. With Agreement

 


Financial Summary (000s)

2018 Est by Seller
2017
2016
Revenue
8.5 M
7.4 M
7.2 M
Adjusted EBITDA
700 k +
1.1 M
1.0 M

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Midwest
Reviewed
Yes
23

   
Direct All Inquiries to:

Gottesman Company
Refer to:  S-2990-2 CES
Tel: 718-618-5346      UK Office: +44 (0) 7906786505
                                      E-mail: dmj@gottesman-company.com