Description:

The company is a structural engineering firm that offers various services, including structural engineering design, inspection, construction observations, and evaluation services.

Key Aspects:

Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 33.1% and 63.6%, respectively, from 2020 through the trailing-twelve-months (TTM) ending April 30, 2023
Adjusted EBITDA margins averaged 41.5% from 2020 to 2022
Management notes that approximately 80% of revenue in 2022 was generated from repeat customers
Diversified service offerings, with top project types including commercial, residential, institutional, hospitality, and retail
Experienced team of engineers, designers, computer-aided design (CAD) drafters, and inspectors in place

Opportunities:

Implement a strategic marketing campaign to generate new business based on the company’s excellent reputation
Expand into forensic engineering, expert witness testimonies, reporting, litigation assistance, private provider, owner’s representative, and restoration services
Geographic expansion into other areas of the U.S. with high rates of construction activity

Headquartered:

Southeast US

Current Markets:

The company works with architects, developers, property owners, contractors, and engineers in the Southeast US. The company provides services in the following categories: commercial, residential, institutional, hospitality, and retail.

Real Estate:

The company operates from a 1,700 sq. ft. facility leased from an unrelated third party. Management notes there is room to grow in the current location.

Shareholder Ownership:

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

Benchmark International

Benchmarks Exclusive Opportunities

Structural Engineering Firm – BN000046383

Structural Engineering Firm – BN000046383

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