Truck Crash Analysis Consulting and Expert Witness Company

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Gross Revenue:$1,686,806
EBITDA:$1,050,550
BUSINESS DESCRIPTION

Description:
The Company specializes in analyzing crashes and incidents involving commercial motor vehicle (CMVs). The Company offers its conclusions and opinions in the form of written reports and expert testimonies for use in both plaintiff and defendant litigations, insurance claims, and regulatory investigations.

Key Aspects:
• Revenue grew at a compound annual growth rate (CAGR) of 19.2% from 2021 through the trailing twelve months (TTM) ending October 31, 2024
• Average adjusted EBITDA margin of 56.3% from 2021 through 2023
• The Company has a lean operation, with a management infrastructure that has facilitated efficiency and cultivated adaptability
• No long-term liabilities as of October 31, 2024
• The Company has been in business for 15 years
• Long-term key employees
• The Company remained profitable through the COVID-19 pandemic, demonstrating that it has a high probability of being recession-proof
• The Company has consistently achieved nearly 100% collection of its receivables year-over-year
• Management notes that in 2023, approximately 90% of new case call-ins resulted in successful closings
• The Company has implemented a comprehensive succession plan

Opportunities:
• Expand geographically to reach new markets and clients using a proven and tested growth strategy
• Leverage the Level 1 Federal Motor Carrier Safety Administration - Motor Carrier Safety Assistance Program (FMCSA - MCSAP) certifications of 1099 contractors to increase the Company footprint and continue capitalizing on current regional development for market share
• Capitalize on case volume increases with a compounding effect
• Increase existing marketing strategies to seize the opportunity presented by the rise in CMV fatal crashes in the US

Headquartered:
• Southeast, US

Current Markets:
• The Company serves numerous law firms and insurance carriers throughout the United States, including Alaska and Hawaii.

Real Estate:
• The Company operates fully remote.

Shareholder Ownership:
• The Company is owned by a single shareholder who is seeking eventual retirement. The established team is equipped to seamlessly take over operations and execute the Company's proven growth strategies. The owner is willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership.


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Confidentiality Agreement Download

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William Sullivan