Telecommunications General Contractor
Gross Revenue: | $13,569,000 |
EBITDA: | $2,975,000 |
Description:
The Company is a wireless telecommunications contractor offering comprehensive turnkey solutions for communication systems and networks. Services include new site developments (NSD), technology upgrades, tower maintenance, electrical work, integration support, generator installation & servicing, and emergency response deployment (ERD). The Company performs nearly all services in-house aside from specialty work, such as fencing, roofing, and complex electrical work, which is outsourced to trusted subcontractors.
Key Aspects:
• Revenue grew at a compound annual growth rate (CAGR) of 7% from 2006 through 2023
• Gross profit and adjusted EBITDA margins averaged 64.1% and 20.9%, respectively, from 2020 through 2023
• In 2023, the Company achieved a 100% client retention rate, holding master service agreements (MSAs) and maintaining preferred status with all active clients from 2022
• The Company offers a diverse range of services and has the flexibility to scale operations up or down to meet deadlines
Opportunities:
• Leverage current master service agreements and expand service offerings into new geographic areas
• Utilize artificial intelligence (AI) and machine learning to optimize network performance and predict maintenance needs
• Explore government and municipal contracts for public safety network upgrades and infrastructure grants
• Develop a professional website to showcase services, completed projects, and client testimonials to enhance online visibility and credibility
• Invest in digital marketing strategies, including search engine optimization (SEO), social media, and online advertising to attract new clients and generate leads
Headquartered:
• Northeast, US
Current Markets:
• The Company serves the commercial telecommunications market throughout the Northeast and Southeast US.
Real Estate:
• The Company operates from a 16,000 sq. ft. office & warehouse space leased from an unrelated third party. There is room to grow in this space and the lease is assumable.
Shareholder Ownership:
• The Company is equally owned by two shareholders who are aligned on expanding and taking the Company to new levels of growth and development with the best possible counterparty. The owners are open to multiple deal structures, including a full exit or retaining a portion of equity. Both shareholders are also willing to stay with the Company long-term to realize its full potential and growth.