Issue link: http://deals.uberflip.com/i/1433150
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 Est. 2021 Revenue $2,300,000 I Est. 2021 Adj. EBITDA $228,000 Investment Considera ons The shareholders believe this company would be a valuable addition to the right buyer, and could benefit from a strate- gic buyer's customer base or contacts, or a buyer within the natural gas space. • Historical Sales: Although COVID and market conditions caused revenue to drop from $3.4 million in 2019 to $1.6 million in 2020, they are now on an upswing with revenues expected to reach $2.3 million in 2021. In addition, backlog is continuing to increase (workload full 1 to 2 months out). In addition, their very profitable recycling services are increasing. • Management Will Remain through Transition: The shareholders are very open to long or short term continuation with a buyer, and may consider an equity position if a buyer has a growth plan and capital to achieve it. • National Reach: The Company has a strong local presence but also does business throughout the United States. Key geographic markets include the central portion of the United States, as well as the south and northeast. • Flexible Transaction: The shareholders are open to a win-win transaction. The stated EBITDA is after shareholder compensation of $260k, and after an annual lease expense (shareholder owned facility) of $168k. 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 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 (about 85%) with smaller markets in the South and Northeast. Client #63773