Fiber Optic And Electric Power Line Company
www.GlobalBX.com
Listing ID:
700327420
Listing Title:
Fiber Optic And Electric Power Line Company
Quick Link:
http://www.globalbx.com/listing.asp?bId=327420
Industry:
Business Services
Industry Segment:
Construction
Country:
United States
State / Province:
Area
City:
Asking Price Range:
> $35.0M
Gross Revenues:
$39,100,000
Cash Flow:
$8,600,000
Cash Flow Type:
EBITDA
Year Established:
2000
Number of Employees:
100 - 200
Business Description:
National Business Search is representing for sale, on an exclusive fee paid basis, a full-service electrical and fiber optics utility infrastructure construction company based in the southern US.
The Company has an excellent reputation, and deep employee and managerial experience, in particular in large and complex wind farms and renewable energy projects. In some construction techniques the Company is the recognized leader nationally. It is often booked up over a year in advance.
From 2015 to 2019 the Company has achieved an average annual restated EBITDA (earnings before interest, taxes, depreciation and amortization) of $7.0MM on average sales of $36.2MM. 2019 sales were $39.1MM with an EBITDA of $8.6MM. Business is booming. 2020 Sales are forecast to be $42.9MM (based on signed contracts with customers). 2020 EBITDA is forecast to be 10.6MM. With the right partner, the Company could grow more quickly, by being able to accept more of the work offered to it.
The Company offers new construction services, as well as maintenance and repair services. Approximately 85% of the Company's work is in the renewable energy sector.
The Company currently has 150 employees and an experienced management team. The full management team would like to remain and be a part of the Company's future.
The owners would like to gain liquidity and, at the same time, secure the resources to enable the Company to realize its full potential. With investment, the Company could grow considerably faster than its already impressive growth rate by taking a larger share of this huge and growing renewable energy sector.
The shareholders have extensive experience, yet they are both under 46 years old. They are willing to stay on for at least 5 years, and will consider an equity position for the right buyer.
The price of the business is negotiable. In addition to cash or stock, the owner will consider creative proposals including equity, management participation and incentives b
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