Description:

The company is an industrial contracting firm serving industrial and manufacturing facilities. The company specializes in industrial plant maintenance and millwright work for the kaolin, aggregates, and cement mining industries.

Key Aspects:

Revenue grew at a compound annual growth rate (CAGR) of 14.7% from 2020 through the trailing twelve months (TTM) ending July 31, 2023
Adjusted EBITDA grew at a CAGR of 22.2% from 2020 through the TTM ending July 31, 2023
Received the local Department of Labor – Workplace Excellence in Safety Awards four consecutive years
90% of revenue is derived from repeat customers
Mine Safety and Health Administration (MSHA) and Occupational Safety and Health Act (OSHA) certified
35-year operating history
Large skilled trade labor

Opportunities:

Implement permanent placement of maintenance contracts at the corporate level
Leverage the industry trend of outsourcing industrial maintenance to capture larger market share
Increase company resources to fulfill demand at a national level and expand geographic footprint
Implement a dedicated marketing strategy to increase market share

Headquartered:

Southeastern United States

Current Markets:

Industrial, institutional, paper, food processing, renewable energy, chemical, kaolin mining, aggregate, cement, and engineered wood industries in the Southeastern United States

Real Estate:

The company operates from a 21,800 sq. ft. facility leased from an affiliated entity. The facility is made up of 1,800 sq. ft. of office space, 7,200 sq. ft. of warehouse space, and 12,800 sq. ft. of fabrication space. There is room to grow in the current location. The owner is willing to sell the building or enter into a long-term lease.

Shareholder Ownership:

The company is equally owned by two shareholders, including the company’s inactive founder, who is seeking a full sale of the business. The other shareholder wishes to pursue other ventures. Ownership believes the company faces significant growth opportunities in the industry.

Benchmark International

Benchmarks Exclusive Opportunities

Industrial Contracting and Millwright Services Firm – BN000029775

Industrial Contracting and Millwright Services Firm – BN000029775

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