Architectural Design and Engineering Firm
Gross Revenue: | $5,244,000 |
EBITDA: | $2,776,000 |
Location: Southwest U.S.
The Company is an architectural design firm that predominantly specializes in the planning and design of education, healthcare, commercial, and municipal projects.
Key Aspects:
- Holds highly-sought, long-tenured service contracts with both the city and the county.
· The Company reports an average adjusted EBITDA margin of 39.9% from 2021 to 2023.
· Strong portfolio of work, exceptional reputation, and loyal client base developed over more than 30 years in operation.
· The Company has won numerous awards for exceptional design.
· Extensive knowledge of all local code compliance, regulations, and safety standards.
· Experienced and knowledgeable leadership team in place with opportunities for continued growth.
Opportunities
· Prioritize targeted marketing efforts to current and complementary markets.
· Expand geographic service area to nearby large population centers in neighboring states to take advantage of available projects in those locations.
· Develop an engineering and construction branch with support staff and resources.
· Federal, state, and municipal infrastructure investments are expected to continue through 2028, providing ample opportunities for additional work.
Headquartered
· Southwest U.S.
Current Markets
· The Company serves municipal government clients such as counties, cities, and school districts within the Southwest U.S. The Company also provides services to local business projects.
Real Estate
· The Company operates from a 3,050 square-foot office space, which is leased from an affiliated entity. The lease is assumable, and ownership would consider including the property in the sale.
Shareholder Objectives
· Ownership is comprised of one majority owner and one minority owner. The majority owner is seeking an exit after a negotiable transition period and the minority owner seeks to remain with the Company post-sale. Ownership is open to various deals structures to facilitate a transaction.
**Financials are TTM as of 6/30/24**