Constr. Firm for Erosion/Streambank Stabilization

Texas
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Gross Revenue:$11,983,000
EBITDA:$1,175,000
BUSINESS DESCRIPTION

The offering consists of five entities, hereinafter referred to as the "Company." Two of the Company's entities are non-operational. The Company's turn key design, engineering, construction, and manufacturing operation that mainly provides erosion control and streambank stabilization products and services to the mid-stream energy, railroad, municipal, and public works sectors.

Key Aspects
• With over 40 years in business, the Company has established itself as a
market leader and developed long-standing client partnerships.
• A diverse and ample list of MSAs enable the Company to be a shortlisted
service provider, through which 69% of the Company's annual revenue is
generated, per ownership.
• The Company’s design-build function provides enhanced efficiency, cost
control, seamless coordination, and shared growth across all operations.
• The Company’s design-build entity is the predominant service provider of
industry-leading, cost-effective asset integrity management solutions by
utilizing both proprietary and non-proprietary products to pioneer unique
designs and installations for long-term success.
• By manufacturing engineered specialty fabrics, one of the Company’s
entities is leading the industry by partnering with nationwide distributors,
certified contractors, and engineering firms with plans to triple revenues
over the next four years, per ownership.

Opportunities
• Establish a strategic marketing campaign to increase awareness of the
Company within the mid-stream energy and railroad markets.
• Expand into the broader pipeline integrity sector by offering services such
as, anomaly digs, pipeline relocation, and sleeve repair, to existing clients.
• Further develop weaving and fabricating operations, expanding the
entity's external client base, enhancing distribution networks,
strengthening specification acceptance, qualifying new certified
contractors, and increasing market presence.
• Expand the engineering and environmental permitting services as a stand-
alone business model by capitalizing on the portfolio of existing clients.

Headquartered
• Southwest U.S.

Current Markets
• The Company primarily serves the mid-stream pipeline industry. Design
and engineering services are also provided to utility service providers,
railroad maintenance, and highway construction industries to assist with
erosion control and streambank stabilization needs. The Company offers
services to the continental United States.

Real Estate
• The Company's administration, construction, and engineering operations
are headquartered in Houston, Texas. The main facility is a 7,107 sq. ft.
office and warehouse space. A secondary 1,800 sq. ft. facility is also
utilized. The weaving and fabricating operations for the Company are in
a 36,000 sq. ft. facility in Laurens, South Carolina. All facilities are leased
from unrelated third parties and the leases are assumable by new
ownership post-sale.

Shareholder Objectives
• The Company is held by two shareholders. Ownership retired in 2017 and
has minimal involvement in day-to-day operations. Ownership is open to
various deal structures to facilitate a transaction.


DETAILED INFORMATION
Location
Texas
Inventory
Not Included in asking price
Real Estate
Leased
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Kendall
Stafford
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Kendall Stafford