Description:

The company is a multi-discipline engineering and surveying firm that provides a wide spectrum of structural engineering, civil engineering, mining engineering, land planning, land surveying, and constructing management services.

Key Aspects:

Revenue grew 49.7% from 2021 through 2022, and 31.8% from 2022 through the trailing twelve months (TTM) ending June 30, 2023
Adjusted EBITA grew at a compound annual growth rate (CAGR) of 173.4% from 2020 through the TTM ending June 30, 2023
Operational history spans over three decades
Highly qualified and versatile team with extensive industry experience, professional engineer licenses and surveying licenses in several states, and certified drone pilots
Created customer loyalty by consistently delivering high-quality services; 75% of repeat business
Extensive and diversified client base consisting in residential, office, commercial, and municipal
Long-term partnership with key actors in the coal mining industry

Opportunities:

Expand geographic reach to increase market share and gain additional customers
Hire additional engineers to better capitalize on current demand
Grow Department of Transportation (DOT) work in its five-state market geography
Pursue additional work in construction survey, airport survey, and larger-scale residential projects

Headquartered:

Mid-Atlantic, US

Current Markets:

The company offers engineering and surveying services to residential, commercial, and municipal customer primarily in the Mid-Atlantic region of the US.

Real Estate:

The company owns and operates from a two-story building totaling 12,000 sq. ft. There is room to grow in the current location. The real estate is included in the sale.

Shareholder Ownership:

The company is owned by three active shareholders and one inactive shareholder. The majority owner is approaching retirement age and would like to pursue other interests. Two of the remaining shareholders would like to remain active in the business operations after the sale, and one would like to remain inactive.

Benchmark International

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Engineering and Surveying Firm Offering a Wide Spectrum of Services – BM009662

Engineering and Surveying Firm Offering a Wide Spectrum of Services – BM009662

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