M&A Opportunity - Roofing and Large loss restoration Co.

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Cash Flow:$23,399,178
Established Year:2006
Gross Revenue:$150,000,000
BUSINESS DESCRIPTION

Now is your chance to make an offer on one of America's fastest-growing private companies. It is one of the Top 100 Roofing Contractors in the USA and builds on a 50-year legacy of construction success.

CA/NDA Required
No Co-Brokerage - we only deal directly with buyers.

IOI to LOI submission process:
• All Indication of Interest (IOI) are due by Monday, June 10th at 5:00 pm ET.
• Owners will review all IOI’s, June 13th at 5:00 pm ET.
• 14th The top five interested parties will be invited to visit the company headquarters
• In Person Interviews will Begin June 24th through the 28th
• Final Partner selection will be made by July 12th

$23.4M EBITDA/$150.0M proj. Rev. for 2024. Order Pipeline of $371M. Offers Roofing, Hail Storm, Wind & Water Restoration, and Construction Solutions. 20,000+ Completed Projects. A Robust Nationwide Customer Base in the US.

• The Company experienced significant revenue growth; 90.3% YoY, reaching $55.3M in 2022, and 106.3% YoY, to $113.9M in 2023. Driven by a focus on commercial roofing, the Company expects robust YoY revenue growth of 58.8% in 2024 to $155M. Adjusted EBITDA was $14.5M in 2023, and anticipating continued success, management projects expected it to rise to $23.3M in 2024. The current order backlog stands at $371M.

• The Company functions with a capable, experienced management team complemented by a skilled workforce. There are currently 82 full-time employees, 10 of whom hold managerial roles. Additionally, the Company has 220 individuals in temporary or contract-based positions. With a 12-year legacy and strong leadership, the Company has built an exceptional sales team. This team is well-prepared to meet diverse client needs quickly and precisely.

• The Company prioritizes building higher-margin projects over accepting and starting lower-margin projects. Revenue growth will slow from 100% YoY; however, EBITDA margin will continue to increase.

• The Company recently completed a full review and rebuild of internal reporting financial systems and has review-level financial statements from an outside regional (Top 200) CPA firm.

Please refer to listing 7101681902 and advisor Dan Tomlin when inquiring.


DETAILED INFORMATION
Inventory
Not Included in asking price
Employees
82
Reason for Selling
Growing too big for owner
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Dan
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Dan Tomlin