Architectural Millwork, Casework, and Countertop Provider

Description:
The company is an architectural millwork provider specializing in plastic laminate casework, custom millwork, acrylics, countertops, and other various solid surfaces for customers operating in the hospitality, multi-family, school and office, and healthcare sectors.

Key Aspects:
• Adjusted EBITDA has grown at a compound annual growth rate (CAGR) of 11.1% from 2020 through 2023
• As of December 2023, approximately $9 million is remaining to be billed for projects under signed contracts
• From 2020 to 2023, the company’s revenue averaged $8.60M, with gross profit margins averaging 16.5%
• Laminate products are manufactured in-house
• Investment in the latest equipment continuously improves efficiencies and meets evolving customer demand
• In operation for over 30 years, with an excellent reputation for meeting project deadlines and delivering high-quality products

Opportunities:
• Bolster in-house capabilities to include the fabrication of solid surface materials
• Engage with new advanced materials
• Implement a strategic marketing campaign to increase client base and digital presence

Headquartered:
• Mid-Atlantic US

Real Estate:
• The Company operates from a 40,562 sq. ft. facility that is utilized as office and shop space and is leased from an unrelated third party

Shareholder Ownership:
• The Company is owned by a sole shareholder who is seeking to de-risk and minimize day-to-day responsibilities with the company
• The owner is willing to remain with the Company in a limited capacity following a sale and is open to various deal structures