Description:

The company is a multi-disciplined, forensic engineering and investigation type consulting firm that specializes in civil & structural, mechanical, electrical, and marine loss causation-related investigative services. The company additionally provides laboratory-based product defect & loss causation services, along with evidence collection, storage, and scene management capabilities. The company is a registered professional engineering organization in 33 states. Due to the date of incorporation, it can be owned and managed by individuals or companies that are not licensed to practice engineering.

Key Aspects:

Revenue and adjusted EBITDA grew at a compound annual growth rate of 32.2% and 52.9%, respectively, from 2019 to 2022
Management notes that 97.4% of revenue comes from repeat customers
Over 50 years of experience in the field of forensic engineering services and solutions
Licensed professional engineering firm in over 33 states with additional clients located internationally
Full team of professional engineers and forensic experts that provide court defendable reports and analysis to clients

Opportunities:

Add laser mapping and drone inspection services for aerial views and roof inspections
Add medical services consultation to provide services associated with medical process, pathology, and more
Expand operations geographically to reach new markets across the US
Establish a marketing campaign designed to reach new clients

Headquartered:

Mid-Atlantic, USA

Current Markets:

The company primarily serves the insurance industry across the US with additional clients in the legal, industrial, and international markets.

Real Estate:

The company operates from a 3,000 sq. ft. facility leased from an unrelated third party. Management notes there is room to grow in the current location and that the business is relocatable.

Shareholder Ownership:

The company is fully owned by a single shareholder who is seeking retirement. He is willing to remain with the company for a predetermined period to facilitate a smooth transition to new ownership.

Benchmark International

Benchmarks Exclusive Opportunities

Full-Service Forensic Engineering Consulting Firm – BN000029331

Full-Service Forensic Engineering Consulting Firm – BN000029331

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