Award-Winning EPCM Service Provider
Gross Revenue: | $3,580,000 |
EBITDA: | $422,000 |
Description:
The Company is a full-service engineering & design, procurement management, and construction & project management (EPCM) service provider. The Company is recognized for its expertise in civil works, process innovation, and packaging, with a strong reputation and successful project delivery in East Asia and globally.
Key Aspects:
• Revenue grew at a compound annual growth rate (CAGR) of 46.5% from 2020 to 2023
• Gross profit margins averaged 66.2% from 2020 to 2023
• As of July 2024, approximately $3.9M USD (¥28.5M RMB) is remaining to be billed for projects under signed contracts
• Estimated combined contract value of potential projects is approximately $27.5M USD (¥200.2M RMB)
• Experienced team of over 50 engineers, coordinators, architects, consultants, and project managers in place
• Established brand recognition and a reputation for excellence throughout East Asia with a robust database of high-profile clients
• Numerous certifications in safety, quality, and environmental management, including ISO certifications for quality, environmental, and occupational health and safety, as well as LEED AP credentials
Financial Note: The conversion rates were sourced from xe.com, and represent the mid-market exchange rate of Chinese Yuan Renminbi to US Dollars as of December 31st of the years presented.
Opportunities:
• Expand the Company's pharmaceutical sector portfolio to pursue higher value and higher margin projects
• Focus on selective growth in the food and beverage industry within East Asia, emphasizing quality, expertise, and sustainability over low-cost bids
• Explore international expansion, leveraging existing capabilities along with local and global partnerships
• Enhance capabilities in project resources and management to support internal infrastructure projects such as line additions, packaging expansions, and water treatment facilities
• Evaluate opportunities in warehouse automation and material handling
• Flexibility to covert business operations to an engineering, procurement and construction (EPC) approach or a hybrid of EPCM and EPC
• Leverage the positive growth trends in East Asia's infrastructure, pharmaceuticals, healthcare, consumer goods, logistics, and automotive sectors to broaden the Company's portfolio
Headquartered:
• East Asia
Current Markets:
• The Company serves high-profile multi-national corporation across various industries, including food and beverage, pharmaceuticals, healthcare, consumer goods, logistics, and automotive. The Company’s clients are predominantly located in East Asia, with a small percentage being located globally.
Real Estate:
• The Company primarily operates from two office spaces that are approximately 1,584 and 3,174 square feet, leased from unrelated third parties. Management notes that there is room to expand in the current facilities and that the leases are assumable by new ownership.
Shareholder Ownership:
• The Company is equally owned by two shareholders. Both shareholders are willing to remain with the Company following a sale and are open to different deal structures and responsibilities.