Concrete Services Provider for New Master Planned Communities

The company is a turnkey concrete service provider in Texas. The company predominantly provides foundation, flatwork, and paving services for new home builders in master planned communities.

Key Aspects
• The company is strategically situated near two growing cities where newly built homes are popular amongst the buyer housing market.
• The company holds open-ended contracts based on master planned communities with significant home builders in the area.
• A well-established diversified customer base minimizes concentration and lessens the risk associated with limited revenue streams.
• Adjusted EBITDA grew at a compound annual growth rate (CAGR) of 29.7% from 2021 to the trailing twelve months (TTM) ending June 30, 2024.

Opportunities
• Establish a strategic marketing campaign including a search engine optimized website to increase exposure
• Extend the geographical service area footprint to further capitalize on nearby growing residential home areas
• Expand services to offer additional home building processes, such as framing and plumbing.
• The operating facility has ample room for expansion to coincide with growing demand of new homes.

Current Markets
• The company serves Texas-based new residential home builders in need of foundation, flatwork, and paving services in master planned communities.

Real Estate
• The company operates from an office and warehouse space in Texas totaling approximately 14,000 square-feet on 15.9 acres of land with extensive room for expansion. The property is held by an affiliated entity. Ownership is open to including the property in the sale of the company or leasing it to new ownership post-sale.


Shareholder Objectives
• The company is solely owned by a single shareholder who is active in day-to-day operations. Ownership is seeking a sale to accommodate a more balanced life style to spend time with family. The shareholder is open to a negotiable transition period leading to an eventual full exit. Ownership is open to variety of deal structures to facilitate a smooth transaction as well.

Headquartered
• Texas, U.S