Monday 24 June 2019

S-1994 HN Aluminum Manufacturer in Indonesia




Business Description:
The Company is one of the oldest aluminum manufacturers. Not only they produce, but also distribute and selling the products in their retail stores, widely spread in strategic locations. The business is located in one of the biggest cities of South East Asia. They can also supply directly the aluminum products to special project developments such as real estate and other projects.

 

Operational Strengths:

In addition to its strong presence in the region, the Company has been in steady growth and backed up by well experienced management.

The Transaction:
The Owners are flexible in term of the deal structure. The Owners can sell their majority shares, company assets or exit at 100% depending on the offer.

 

Financial Highlights ($) ‘000
                
2018
2017
2016
Revenue                  
11,675
11,264
10,756
Gross Profit                    
2,033
1,614
1,406
           
Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Indonesia
Audited
Yes
20
3334

Direct All Inquiries to:

Gottesman Company
Refer to:  S-1994 HN
Tel: 718-618-5346      UK Office: +44 (0) 7906786505
                                        E-mail: dmj@gottesman-company.com

Thursday 20 June 2019

S-2942-1 JPN Heavy Construction Firm (US)


HEAVY CONSTRUCTION FIRM WITH EXPERTISE IN CIVIL AND UNDERGROUND UTILITY PROJECTS AND IN RENEWABLE ENERGY & POWER SECTORS



Business Description:  Serving the Western United States, the Company is growing rapidly and is well diversified in both the private and public sectors, while establishing itself as a dominant player in the fast-expanding, Renewable Energy Sector. It is also active in the power industry, public works and site-civil residential work. This well-established business has high year-over-year growth and is an approved supplier to key government agencies. The business is split 50-50 between renewable energy and mainstream construction.
Current opportunities include large joint venture projects and increasing demand for wind farms. Significant tail winds will spur continuing growth: Increasing demand for renewable energy—currently an $800 billion market— points to decades of significant growth. The FAST Act will increase federal funding for highway infrastructure by 2.4% through 2020, and power spending, with wind as the fastest growing sector, generates annual spending of ~$100 billion.
In January 2019, the Company began a joint venture project valued at $36 million. In addition, the Company secured a 12-year MATOC [master contract] for perimeter security upgrades valued at $75 million. Upcoming projects already contracted show multi-year growth, including a $20 million wind project and a $25 million wind project to begin late 2019, and a $23 million substation project beginning in 2020.

Distribution: The Company secures business primarily through competitive bidding, but its reputation and performance provide a unique competitive advantage leading to repeat business. Another source of business is its status as preferred vendor for a power marketer.
Operational Strengths: The Company’s significant growth is based on multiple factors: diversification in public and private sectors, and its competitive advantage as i) a government approved supplier and ii) registration as a preferred vendor for a large federal power marketer. 90% of projects are from previous customers that include major power companies and wind farms. Current market demand gives the Company a strong pricing advantage. The Company’s stellar reputation for quality and integrity creates demand for its services, and because it excels in value engineering services, the Company is able to win bids at premium rates. The Company has earned a reputation for a commitment to cost savings throughout a project’s life cycle without sacrificing quality. The non-union workforce and highly knowledgeable operations and management teams operate independently without the need for day-to-day owner participation. Bonding capacity at $50 million supports current projects and future growth.

Transaction: The owner [S-Corp with single owner] seeks to sell 100% of the business and is ready with his management team to partner with the new owner to drive growth. Real estate is available for purchase or lease. Owner will stay on for at least 1 year to insure a smooth transition. Trailing 12-month figures through Q1: $31.5 million Revenue and $8 million Adj. EBITDA.

Financial Summary

2019 Seller Forecast
2018
2017
Revenue
 $36.9 mil
 $24.8 mil
$18.6 mil
Adjusted EBITDA
$11.9 mil
$3.1 mil
$1.5 mil

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Western US
Reviewed
Yes
10
1611, 1623, 1629, 1794


Direct all Inquiries to:

Gottesman Company
Refer to:  S-2942-1 JPN
Tel: 718-618-5346      UK Office: +44 (0) 7906786505
                                        E-mail: dmj@gottesman-company.com

Thursday 6 June 2019

S-2914-3 DKC Electrical Contractor



Business Description:
The company is a profitable Union (IBEW) electrical contractor company in the Midwest consisting of OSHA-certified professional contractors.

Distribution:  
The company serves residential, commercial, industrial, and municipal customers in the Midwest.

Operational Strengths:
For commercial and industrial customers, the company owns boom trucks to fit lighting in stadiums, traffic light installation, and street lighting.  The company is also capable of maintenance for automatic gates.  The company headquarters is a 13,000 sq. ft. office with a 2,500 sq. ft fabrication shop and a warehouse owned by the co-founder.

The Transaction:  
The co-founder works part time overseeing the financial aspect of the company is ready to step down as the general manager in place would like to stay on staff.

 


Financial Summary  ($)

2018
2017
2016
Revenue
12M
11M
10M
Adjusted EBITDA
461K
634K
62K

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Midwest
Compiled
Yes
31
1731

  
Direct All Inquiries to:

Gottesman Company
Refer to:  S-2914-3 DKC
Tel: 718-618-5346      UK Office: +44 (0) 7906786505
                                        E-mail: dmj@gottesman-company.com

Wednesday 5 June 2019

S-1990 HN Contractor – Infrastructure & Commercial (Indonesia)



Business Description:
The Company has been operating more than 40 years as Infrastructure & Commercial Construction Company in Indonesia. They have been building toll roads, bridges, airport, seaport, commercial building in Indonesia and Malaysia.

 

Operational Strengths:

In addition to its strong and long-time presence in the region, the Company has many ongoing and backlog Projects that can generate additional revenues in the future.

The Transaction:
The Owners are flexible in term of the deal structure. The Owners can sell their majority shares, company assets or exit at 100% depending on the offer.

 

Financial Highlights ($)
                
2018
2017
2016
Revenue                   
31,854,532 
42,960,550
21,216,902
EBITDA                    
2,693,550
8,037,236
1,731,913
           
Other Highlights
Location

Financials
Management Team in Place
Years in Business
SIC Classification
Indonesia
Audited
Yes
40+
1541

Direct All Inquiries to:

Gottesman Company
Refer to:  S-1990 HN
Tel: 718-618-5346      UK Office: +44 (0) 7906786505
                                        E-mail: dmj@gottesman-company.com

S-2939-8 DKC Cloud Based IAM Solutions (US)



Business Description: A Security Services firm and Software Reseller expert in Identity and Access Management (IAM).   Traditionally focused on Large Enterprise clients and on-premise solutions with significant consulting revenue. The company is pivoting to deploy newer, Cloud-based IAM solutions, with recurring revenue, that can also fit small to medium-sized businesses (SMBs).  Peregrine’s latest offerings feature three integrated, Cloud-based vendor products expertly architected to enable essential IAM capabilities including SSO, User Management, Compliance and Governance, and Privileged Access Management.  Transaction

Operational Strengths: ❖ 15 year Dallas-based company with local, long-term employees and some of the deepest IAM expertise in the market ❖ Completed over 500 IAM projects with industry concentrations in Energy, Transportation, Retail, and Insurance The shareholders are seeking a larger strategic partner or financial sponsor which can leverage the existing relationships to drive growth. They are open to varying transaction structures which provide a roadmap to an eventual exit.❖ On-premise to Cloud-hosted migration strategy establishes high client satisfaction and increases recurring revenue ❖ IP created for IAM hybrid cloud bridging, solution accelerators, and secure cloud deployments ❖ Client managed support model delivers improved IAM platform stability and increases recurring revenue ❖ Mature implementation model blends waterfall with agile for improved client experience and project success

The Transaction: The shareholders are seeking a larger strategic partner or financial sponsor which can leverage the existing relationships to drive growth. They are open to varying transaction structures which provide a roadmap to an eventual exit.

Financial Summary (000s)

2019 Est by Seller
2018
2017
Revenue
5.9 M
4.4 M
4.4 M
Adjusted EBITDA
1.2 M
0.8 M
(0.3) M

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Southeast
Compiled
Yes
15
7371

  
Direct All Inquiries to:

Gottesman Company
Refer to:  S-2939-8 DKC
Tel: 718-618-5346      UK Office: +44 (0) 7906786505
                                        E-mail: dmj@gottesman-company.com