Heavy Equipment Contractor for the Oil & Gas Industry
Gross Revenue: | $15,892,000 |
EBITDA: | $3,373,000 |
Full-service groundworks contractor specializing in the civil scope of oil & gas construction with an emphasis on planning and excavation. The Company is well positioned to serve the oil & gas industry in Texas.
Key Aspects
• Expansive list of heavy construction equipment owned by the Company
• Highly experienced team in place to handle large industrial and commercial projects
• Strategic location and great reputation helps the Company to stand out with potential clients coming to the area
• Broad range of oil & gas services are offered in addition to many add-on services
Opportunities
• Expand service area into other locations where natural oil deposits are abundant
• Build engineering branch of the Company to bring scope of work in-house
• Offer additional, complementary services such as pipe-hauling and hotshot trucking
• Enhance marketing efforts to target new potential clients in the service area
Headquartered
• Texas
Current Markets
• The Company serves public and private corporations in the oil & gas industry and works on industrial projects throughout the Permian Basis in West Texas.
Real Estate
• The Company operates from a 3,000 sq. ft. office building located on a large, fully fenced lot with ample room for exterior storage. The property is owned by the Company and ownership is open to it being a part of a sale. Two other satellite lots totaling 25.3 acres are held by an affiliated entity and can also be included in a potential sale.
Shareholder Objectives
• The Company is fully owned by a single shareholder who is open to various deal structures including a strategic partnership to accommodate the Company’s future growth or an eventual full exit from the Company after an agreed upon transition period.