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BIM Consulting & Laser Scanning Service Provider – BN000046709

Northeast US, US
1M-5M500K-2M Building & ConstructionArchitecture
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CLIENT CODE: BN000046709
REVENUE/TURNOVER: $2,608,000
EBITDA: $754,000
HEADQUARTERS: United States
 
Interested? Contact Us
pmanry@benchmarkintl.com
BIM Consulting & Laser Scanning Service Provider – BN000046709

Paul Manry

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Description:

The company provides a comprehensive suite of services tailored to the architecture, engineering, construction, and operations (AECO) sector. The company provides building information modeling (BIM) management, training & support services, laser scanning & reality capture of buildings, and assistance with computer-aided design (CAD), catering to the diverse needs of these industry professionals.

 

Key Aspects:

  • Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 22% and 49.2%, respectively, between 2020 and the trailing twelve months (TTM) ending May 31, 2023
  • Management notes that approximately 92% of revenue in 2022 was generated from repeat clients
  • Monthly subscription revenue averaged $90,000 per month for the TTM ending May 31, 2023
  • 20+ year affiliations with several well-respected architectural firms around the US
  • Services clients across the entire United States

 

Opportunities:

  • Capitalize on the company’s remote nature and continue to expand services across new markets
  • Continue to implement and integrate new solutions to existing services
  • Start an advertising campaign and expand marketing efforts through social media and other marketing resources
  • Develop a dedicated sales team to help facilitate growth in the company
  • Continue to expand laser scanning modeling services and add more equipment to serve clients in other parts of the United States

 

Headquartered:

  • Northeast US

 

Current Markets:

  • The company provides services for architects, contractors, and building owners across the United States, ranging from commercial, healthcare, hospitality, community, and residential projects.

 

Real Estate:

  • The company operates fully remote.

 

Shareholder Ownership:

  • The company is equally owned by a husband-and-wife team. The husband is open to remaining with the firm to assist with future growth or staying with the company for a pre-determined transition period. The wife is seeking to exit the company and will need to be replaced post-sale. Ownership is open to various deal structures to facilitate a transaction.

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