Full-Service Property Development Consulting and Engineering Firm

Description:
The Company is a full-service property development consulting and engineering firm. The Company’s core services include civil engineering, planning, and building design services.

Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 24.1% and 38.6%, respectively, from 2020 through 2023
• Adjusted EBITDA margins from 2020 to 2023 averaged approximately 34.0%
• As of January 2024, approximately $3.6 million is remaining to be billed for projects under signed contracts
• Several long-term and repeat clients
• In operation for over 20 years with strong brand recognition and an excellent reputation within the industry

Opportunities:
• Broaden service offerings to include a wider range of infrastructure projects to bolster the Company's commercial and industrial projects portfolio
• Geographic expansion into areas of the US with high rates of construction activity
• Continue to grow the Company’s team of project managers and engineers to respond to additional requests for proposals (RFPs)
• Create a dedicated sales and marketing team to expand the Company's client base

Headquartered:
• Southeast, US

Current Markets:
• The Company serves residential, commercial, government, and industrial clients throughout the Southeast US. These clients primarily include business- and landowners, developers, and contractors.

Real Estate:
• The Company operates from a 5,200 sq. ft. facility leased from an affiliated entity. Management notes there is room to grow in the current location and that the real estate may be leased long-term.

Shareholder Ownership:
• The Company is fully owned by two shareholders with a 51%/49% split who would like to pursue retirement. Management believes that new ownership can capitalize on the opportunity both the Company and the market are currently presenting. Both shareholders are willing to stay with the Company for a pre-determined transition period.