Issue link: http://deals.uberflip.com/i/1323283
Headquartered in Central U.S. Natural Gas Dehydra on Service Provider Market Ver cal—Energy Industry Fred Phillips, Senior M&A Advisor Tel: (405) 826-8166 Fax: (972) 392-8564 Email: fphillips@genera onal.com www.Genera onal.com I www.DealForce.com 2019 Revenue $3,400,000 I 2019 Adj. EBITDA $379,000 Investment Considera ons Although this company has performed well prior to Covid-19 and the energy market downturn, they are presently operating marginally. The shareholders believe this company would be a valuable addition to the right buyer, and could benefit from a strategic buyer's customer base or contacts, or a buyer within the natu- ral gas space. Shareholders are open to entertaining an offer and are motivated to sell. Historical Sales: Although revenue grew from $3,016,000 in 2017 to $3,377,000 in 2019 (at a com- pound annual growth rate of 5.8%), their current revenue has declined due to current energy market condi ons (revenue through the first six months of 2020 are close to $1 million.) Management Will Remain through Transi on: The ownership team is willing to remain with the Company during a transi onal period to provide a smooth change in ownership. Management will also consider a longer term period with the right buyer. Na onal Reach: The Company has a strong local presence but also does business throughout the Unit- ed States. Key geographic markets include the central por on of the United States, as well as the south and northeast. For more information, please sign the Confidentiality Agreement 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 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 its affiliate network members is an agent for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller. The Company is a specialty company servicing the natural gas industry. The Company's mission is to provide clients with an economical and environmentally safe way to ensure the longevity of the tri-ethylene glycol in their dehydra on units. The Company's mobile recycling unit has been engineered to purify glycol and clean the dehydra on system without prohibi ng the gas flow. The Company exclusively serves energy clients (100% of 2019 sales) and management es mates they historically have had a 75% rate of repeat business with customers. The primary geographic market is the central part of the United States (90% of 2019 sales) with smaller markets in the South (8%) and Northeast (2%). Client #63773