Description:

The company sells, installs, and services industrial electrical equipment and energy storage equipment for broadband providers, utility companies, manufacturing companies, distribution companies, warehouses, and data centers.

Key Aspects:

Revenue increased at a compound annual growth rate of 18.5% from 2020 through the trailing twelve months ending May 31, 2023
As of July 2023, the company has over 32 projects in progress with a total estimated backlog of $709,205
In operation for over 48 years
Excellent reputation in immediate and surrounding regions
Superior customer service delivered 24/7
Long serviceable life of products provides a high rate of repeat business
Operational systems and tools have been put in place to allow the company to service large customers

Opportunities:

Expand existing customer accounts by providing service to additional locations
Sell complementary products and services for existing customers in data center, utility, and broadband industries
Increase advertising efforts
Capture larger market share in renewable energy power storage
Expand lithium-ion battery product and service offering

Headquartered:

Southeast, US

Current Markets:

Customers include broadband providers, utility companies, manufacturing companies, distribution companies, warehouses and data centers in the mid-Atlantic and Southeastern US.

Real Estate:

The company operates from a 10,000 sq. ft. facility leased from an unrelated third party. The facility includes 3,000 sq. ft. of office space and 7,000 sq. ft. of warehouse space.

Shareholder Ownership:

The owners are seeking a full sale of the company. Upon a sale, the owners are open to various transition plans, including a long-term commitment under new ownership.

Benchmark International

Benchmarks Exclusive Opportunities

Electrical Equipment Distributor & Energy Storage Service Provider – BN000029428

Electrical Equipment Distributor & Energy Storage Service Provider – BN000029428

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