Site Work, Civil Engineering, and Land Surveying Firm

Description:
The company is a site construction, civil engineering, and land surveying firm that serves the public and private sector. The company's services include planning, design, wetland permitting, construction management, and site excavation services.

Key Aspects:
• Revenue and adjusted EBITDA grew at a compound annual growth rate (CAGR) of 6.8% and 75.5%, respectively, from 2020 to through 2023
• An estimated $4.6 million in secured backlog as of March 10, 2024
• Exclusive status is maintained with the company's top five clients
• Strong reputation in the market due to ability to meet demands and provide high quality services
• Diverse project portfolio consisting of residential, commercial, industrial, and municipal contracts

Opportunities:
• Geographic expansion into other areas of the U.S. with high rates of construction activity
• Expand into renewable energy (solar and wind), smart city initiatives, or sustainable development projects
• Implement a strategic marketing campaign to reach and secure additional clients and market share
• Pursue more contracts with federal, state, and local government agencies for infrastructure and public works projects
• Embrace opportunities in sustainable and green construction, incorporating environmentally friendly practices and technologies

Headquartered:
• Northeast US

Current Markets:
• The company serves real estate developers, commercial & industrial clients, municipal & local governments, and residential builders in the public and private sector throughout the Northeast US.

Real Estate:
• The company operates from a 15,000 sq. ft. office facility leased from an affiliated entity, and a four-acre construction yard and garage leased from an unrelated third party. Management notes there is room for growth at the office location, with long-term lease options available, while the construction yard is at capacity

Shareholder Ownership:
• The company is fully owned by a single shareholder who would like to pursue other endeavors. The owner is willing to remain with the company for a predetermined period to facilitate a smooth transition to new ownership.