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FULL-SERVICE HVAC & PLUMBING CONTRACTOR (MIDWEST/GREAT LAKES) #62237 BUSINESS HIGHLIGHTS Founded in 1978, this plumbing & hea ng company provides commercial and residen al HVAC and plumbing installa on and maintenance services in in the Great Lakes area. The Company's commercial and mechanical design-build division provides the following services: replacement and renova on design; plumbing; design of process piping and compressed air systems; sheet metal and ductwork; medical gas; installa on, tes ng, and cer fica on; industrial ven la on; fume and dust collec on; and direct digital control systems. The Company's residen al division provides new construc on and renova on services that include replacement and renova on engineering and design, hea ng and air condi oning, forced air hea ng, forced-air zoning systems, high efficiency boilers & furnaces, hydronic hea ng, radiant floor hea ng, snow -melt systems, and plumbing. The company considers all customer needs including durability, reliability, safety, comfort, affordability, and efficiency. Ahmad Behja Senior Vice President - M&A E: abehja @genera onal.com D. 203-716-1185 M. 203-945-8919 INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 DISCLAIMER: All informa on contained in this document has been provided by the subject company to Genera onal Equity and while believed to be correct has not been verified. Accordingly, Genera onal Equity makes no representa ons or warran es as to the accuracy and truthfulness of such informa on. The recipient hereof acknowledges that Genera onal Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Genera- onal Equity of this document. At all mes Genera onal Equity and /or its affiliate network members are agent for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller. REVENUE / EBITDA 2019 Revenue INVESTMENT APPEAL a. Management Exper se. A lean organiza onal structure, stable and dedicated workforce, and management team with 40 years of experience anchor the business. The Company has successful alliances with area businesses and municipali es. b. In-house Experts. The Company has in-house experts, prac ces quality control from start to job comple on, and maintains design integrity throughout each project. It brings to each job an early knowledge of true costs and opportuni es for cost savings. It offers me and administra ve savings of up to 30% over compe tors, avoids change orders due to errors or omissions, and assigns the best match of equipment to project needs. c. Demand for Efficient HVAC Systems. Households and businesses have begun replacing outdated and less efficient HVAC systems with newer models that provide addi onal hea ng and cooling output while requiring less power. The combina on of vola le energy prices and the desire to reduce opera onal costs, as well as adhering to government-mandated Seasonal Energy-Efficiency Ra os (SEERs), will increase demand for these energy-efficient systems. d. Growth Ini a ve. The Company has been growing at a steady organic rate and through the acquisi on of smaller companies, expanding its footprint in nearby ci es. With a capital infusion, the Company has the tools and the intellectual capacity to accelerate growth. Genera onal Equity 125 Park Avenue, 25th FL New York, NY 10017 T. 212-381-7650 F. 203-738-1100 $647K $686K $12.1M $12.7M 2020 Revenue (PROJ) 2020 EBITDA (PROJ) 2019 EBITDA SIGN NDA ► KEY CUSTOMERS BY REV. Customer 1 (2016) 17% Customer 2 (2018) 11% Customer 3 (1998) 5% Customer 4 (2013) 4% 87% FULL-TIME STAFF Commercial 35 Service 24 Residen al 13 Accoun ng 2 ACTIVE ACCOUNTS 2019 12,000 2019 Repeat Business 80% GEOGRAPHIC MARKETS Grand Traverse County 80% Emmet County 20% CUSTOMER MARKETS REVENUE SOURCES KEY CLIENTS This Offering is Pre-Qualified for SBA Financing. Click here to learn more.