Scaffold Systems Manufacturer

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Gross Revenue:$13,742,000
EBITDA:$2,436,000
BUSINESS DESCRIPTION

The Company is a manufacturer, renter, installer, and wholesaler of complex engineered scaffold systems. The Company has nearly 60 years of experience serving clients across the Midwest, United States.

Key Aspects
· The Company has almost 60 years of experience and has become a
premier scaffolding provider in the upper Midwest
· The Company has generated strong financial performance with revenue &
adjusted EBITDA growing at compound annual growth rates (CAGRs) of
12.5% & 13.5%, respectively, from 2021 through the trailing twelve months
(TTM) ending October 31, 2024
· The Company's revenue from its top 10 customers increased at a CAGR of
10% while their share of total revenue decreased from approximately 51% to
42% from 2021 through the TTM ending October 31, 2024
· Management indicates approximately 70% of revenue in the TTM ending October 31, 2024 was from repeat customers
· Financials as of 10/24
REF-BN000050319


DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Leased
Growth & Expansion
· Capture underserved markets in the Midwest through strategic geographic expansion · Grow market share in current markets through expansion of the sales & marketing team · Increase product mix by expanding into synergistic verticals including building maintenance units (BMUs) and permanent installed (PI) scaffolding · Expand market share and profitability through synergistic acquisitions incurrent and new geographic markets
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Matthew Kekelis
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Matthew Kekelis