Large Engineering Firm

Raleigh, NC
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Asking Price:$16,000,000
Gross Revenue:$12,100,000
Cash Flow:$2,600,000
EBITDA:$2,600,000
BUSINESS DESCRIPTION

This S-Corporation Structural firm is over 50 years old. They are a client-focused Structural, engineering, and consulting services firm headquartered in the southeast region of the United States with four additional office locations. The firm provides a broad spectrum of structural engineering and related services, including forensic engineering and special inspection, historic preservation, structural conditions assessments, and structural peer reviews.
This firm is comprised of structural engineers, BIM experts, project managers, special inspectors, and interns that are committed to helping their clients accomplish their project technical and organizational goals by working proactively to anticipate challenges and identify viable solutions. The staff members maintain strong, positive relationships throughout their clients’ organizations, and have developed a strong relationship and reputation with every city, county, university and developer in their areas and building code guidelines, financial and risk minimization goals, and state and local regulations, as well as with key decision makers.
This Structural firm will look forward to being part of an acquisition with a larger entity and taking on more diverse projects. The firm is managed day-to-day by three key leaders and the owner is looking to retire. Any prospective buyer seeking or adding to its regional structural presence, would benefit from the depth of experience and portfolio, services and diverse client relationships offered by this firm for sale.
$29Million in Backlog Work.


DETAILED INFORMATION
Location
Raleigh, NC
Inventory
Not Included in asking price
Employees
59
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Heather
Krebs
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Heather Krebs