The company is a full-service machine shop supporting industrial, field (turn around) maintenance, as well as in-situ machining and repair. It specializes in the repair of valves, rotating equipment, compressors, gear boxes, and power generation support.

Key Aspects

Gross profit and adjusted EBITDA margins have averaged 61.8% and 41.6% from 2017 to 2020, respectively
Adjusted EBITDA grew at a CAGR of 10.4% from 2017 to 2020
Contracts in place with its top customers
Revenue breakdown: 87% repair work and 13% manufacturing
Top supplier relationships average over eight years
Strong geographic location near top customers
Owns a large fleet of machinery and equipment
Specializes in outages, with an established reputation as a reliable solution for critical time-dependent jobs
Website is Search Engine Optimized (SEO)

Opportunities

Expand into millwright services; it is currently offered as a complimentary service
Expand geographic footprint
Develop a sales team to capture untapped market share
Capitalize on the recent shift in the industry; customers are starting to outsource internal maintenance needs
Implement a comprehensive marketing strategy in order to capture a greater market share

Headquartered

Mid-Atlantic US

Current Markets

The company provides its services to the industrial, manufacturing, chemical, and power generation industries throughout the United States.

Shareholder Objectives

The company is owned by two shareholders. The owners are proud of the company they have built and believe the business is in a position where new ownership can take advantage of growth opportunities in the industry and take the company to the next level. They are willing to remain with the company for a period of time to ensure a smooth transfer of ownership.

Benchmark International

Benchmarks Exclusive Opportunities

Industrial Machinery Repair Company – BM006940

Industrial Machinery Repair Company – BM006940

Login