Structural Engineering Firm

Description:
The Company is a structural engineering firm that offers various services, including structural engineering design, inspection, construction observations, and evaluation services.

Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 11.4% and 13.8%, respectively, from 2021 through the trailing-twelve-months (TTM) ending August 31, 2024
• Adjusted EBITDA margins averaged 46.0% from 2021 to 2023
• Management notes that approximately 80% of revenue in 2023 was generated from repeat customers
• Diversified service offerings, with top project types including commercial, residential, institutional, hospitality, and retail
• Experienced team of engineers, designers, computer-aided design (CAD) drafters, and inspectors in place

Opportunities:
• Implement a strategic marketing campaign to generate new business based on the company’s excellent reputation
• Expand into forensic engineering, expert witness testimonies, reporting, litigation assistance, private provider, owner's representative, and restoration services
• Geographic expansion into other areas of the U.S. with high rates of construction activity
• Expand into existing buildings structural assessment, recertification, and peer review services

Headquartered:
• Southeast, US

Current Markets:
• The Company works with architects, developers, property owners, contractors, and engineers in the Southeast US. The Company provides services in the following categories: commercial, residential, institutional, hospitality, and retail.

Real Estate:
• The Company operates from a 1,700 sq. ft. facility leased from an unrelated third party. Management notes there is room to grow in the current location.

Shareholder Ownership:
• The Company is wholly owned by a single shareholder who is seeking retirement. The owner is willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership.