Business Description:
Forty-year-old crane rental company is based in
the southern United States.
Distribution:
The
company has a highly diversified customer base, with 250 customers operating in
a variety of business sectors including telecommunications, HVAC, energy, mining,
heavy industrial, residential, manufacturing, steel erecting, and highway construction.
Customers tend to have steady work and long-term projects.
Operational Strengths:
Firm specializes in truck-mounted and all
terrain hydraulic cranes. Also relies upon forklifts and carry deck cranes for
other jobs. Has additional capabilities to complete site preparation, heaving
hauling, rigging, and machinery moving. Twenty employees and highly experienced
management which will stay.
The Transaction:
Owner is ready to hand the reins over to person(s)
or entity who will take the company to the next level. Owner is open to staying
for a short-or long-term transition period.
Financial Summary (000s)
|
|||
2019 Full-Year Projected
by Seller
|
2018
|
2017
|
|
Revenue
|
4.4 M
|
3.8 M
|
3.4 M
|
Adjusted
EBITDA
|
2.8 M
|
2.4 M
|
1.6 M
|
Other Highlights
|
||||
Location
|
Financials
|
Management Team in Place
|
Years in Business
|
SIC Classification
|
Southern U.S.
|
compiled
|
yes
|
40
|
7353
|
Direct
All Inquiries to:
Gottesman
Company
Refer
to S-2017-5 MEZ