Award-Winning High-Growth Energy Services Contractor
Gross Revenue: | $1,500,000 |
EBITDA: | $400,000 |
The Company is a rapidly growing electrical contractor serving an expanding market in the Pacific Northwest. Capabilities include solar installation, electrical upgrades and repairs, lighting retrofit, and power quality analysis. In 2023, approximately 25% of the Company’s work was derived from lighting retrofit, with the remaining work attributed to other time and materials contracts. Approximately 78% of revenue is derived from commercial and industrial clients and most of the Company’s projects are within 15 miles of its headquarters.
INVESTMENT APPEAL
• Superior Name and Reputation: The Company has established itself with an excellent reputation for its experience, expertise, quality, service, and integrity.
• Backlog of Signed Contracts: As of September 30, 2024, the Company had over $600,000 of contracted work in its backlog.
• Excellent Location, Outstanding Growth Opportunities: The Company operates in a market segment with few small competitors. Additionally, there is growing demand due to accelerated population growth that is forecasted to continue in the decades to come.
• Diversified Customer Base: No single customer accounted for more than 6% of revenue during the historical period.
• Strong Historical Sales Growth: Revenue grew at a 71% CAGR between 2021 and 2023 and is estimated to grow 68% in 2024, supported by interim results and a healthy backlog.