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.

Benchmark International

Benchmarks Exclusive Opportunities

BIM Consulting & Laser Scanning Service Provider – BN000046709

BIM Consulting & Laser Scanning Service Provider – BN000046709

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