Issue link: http://deals.uberflip.com/i/1433150
Michigan Full-Service Residen al & Commercial HVAC Contractor Joe Hige, Senior M&A Advisor Tel: (248) 982-6400 Fax: (972) 232-1132 Email: jhige@genera onal.com www.Genera onal.com I www.DealForce.com 2021 Est. Revenue $4.2MM I 2021 Est. EBITDA $400K Highlighted Investment Considera ons • Diversified Customer Base: No single customer accounted for more than 10% of revenue during the his- torical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account. • Broad Service Segment: The Company employs professional industry experts that are equipped to han- dle jobs from individual homes to large commercial buildings. • Management Will Remain through Transi on: The current owners are willing to remain with the Com- pany during a transi on period to provide smooth transi on in ownership. • Favorable Industry Outlook: Demand for the hea ng and air-condi oning contractors industry's ser- vices is an cipated to increase over the five years to 2026 as the broader domes c economy rebounds following the COVID-19 pandemic. 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 provides residen al and commercial hea ng and air condi oning sales, installa on, service, and repair. With opera ons spanning over 80 years, its greatest a ributes are its highly-skilled employees and loyal customer base. In 2020, the Company's products and services included residen al installa on (47% of sales), commercial installa on (18%), and residen al and commercial service (35%). The Company targets residen al (60% of 2020 revenue) and commercial (40%) market segments, maintains a database of approximately 65,000 customers (over 40,000 ac ve), and over 80% of revenue comes from recurring ac ve customer projects. It operates from a 64,000-square foot office and warehouse facility, and is currently staffed by 26 full- me employees. Client #63299