Provider of Remote Communications
| Gross Revenue: | $2,341,321 |
| EBITDA: | $525,372 |
Description:
The Company is a full-service provider of remote communication solutions for the oil and gas market. The Company also offers field laptop packages with year-round support.
Key Aspects:
• Revenue and adjusted EBITDA have grown at compound annual growth rates of 12.6% and 56.7%, respectively, from FYE 2020 through FYE 2023
• Average adjusted EBITDA margin of 11.5% from FYE 2020 through FYE 2023
• The Company has cultivated strong relationships within the oil and gas market
• Full-service provider of remote communication solutions
• Management team has worked together for approximately ten years
• Most equipment is less than two years old
Opportunities:
• Explore communications opportunities in additional business sectors
• Grow sales team to pursue additional clients
• Expand into US and international markets
• Provide capital investment to increase brand recognition through advertising
Headquartered:
• Western Canada
Current Markets:
• The Company serves the oil and gas industry in Western Canada.
Real Estate:
• The Company operates from five locations, all of which are leased from unrelated third parties.
Shareholder Ownership:
• The Company is owned by two shareholders, both of whom agree on the sale of the Company. The president is willing to stay with the Company for a predetermined transition period following a sale.
