Issue link: http://deals.uberflip.com/i/1323418
HIGH-MARGIN TELECOMMUNICATION CONTRACTOR #64380 BUSINESS HIGHLIGHTS The Company is an authorized telecommunica ons contractor for Comcast, Al ce (formerly Cablevision), and GoNetSpeed that specializes in the start to finish installa on, repair, and maintenance of coaxial cable and fiber op c network systems all the way into homes and businesses. The Company performs underground and aerial cable/fiber installa ons, fiber op c splicing, tes ng, residen al and commercial inside wiring for mul ple unit dwellings and troubleshoo ng throughout all of Connec cut, and regions of New York. In business since 2005, the Company has strong rela onships with exis ng customers as a result of excellent quality of service and on- me delivery, the effects of which can be seen in both the length of customer tenure and the high bonding capacity of the Company. The Company's ownership is interested and willing to remain with the Company a er a transac on to facilitate an orderly transi on to new ownership and, as appropriate, assist in achieving long-term strategic growth objec ves. 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 agents 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. Strong Earnings: The Company has experienced strong growth in EBIT, from $1,461,000 in 2017 to $1,821,000 in 2019, represen ng a 11.6% CAGR. b. High Return on Assets: The Company had an unadjusted return on assets of 153% in the latest year and an investment turnover ra o of approximately 6.0. c. Low Employee Turnover: The Company has a low employee turnover, which is a signal of efficiencies and alignment within the employees. Low turnover allows the Company to retain the most skilled and experienced personnel in the industry and con nually deliver excep onal levels of service with on- me project delivery. d. Facili es Will Support Pro Forma Growth: The Company's facili es and resources are not currently at capacity, so future growth will be supported by the current assets and facili es on hand. e. Strong Bondability: The Company has a high bonding capacity due to its proven track record of finishing projects within project requirements, having a skilled and experienced workforce, and having strong financials. f. Marke ng & Business Development: The Company can increase sales by hiring addi onal sales personnel, which would grow revenue with new and past customers and could be used to target other customer segments including service providers such as u li es. Genera onal Equity 125 Park Avenue, 25th FL New York, NY 10017 T. 212-401-7961 F. 203-738-1100 $1.86M $1.69M $5.13M $4.20M* 2020 Revenue (PROJ) 2020 EBITDA (PROJ) 2019 EBITDA SIGN NDA ► STAFF OVERVIEW Office 5 Aerial Labor 4 Underground Labor 5 Subcontractors 10 *Reflects COVID impact FACILITY OVERVIEW Office / Warehouse 6,000sf Opened 2009 GEOGRAPHIC MARKETS Connec cut 80% New York 20% CLIENTS SERVED