Issue link: http://deals.uberflip.com/i/1519691
INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 - 2022 PAINTING & COATINGS CONTRACTOR QUICKLY EXPANDING, HIGH-MARGIN (Mul ple Loca ons, Southeastern US) #66518 BUSINESS HIGHLIGHTS The Company is a leading provider of specialized surface coa ng & pain ng services across the Southeastern US for industrial, commercial, and ins tu onal projects and customer facili es. For more than 20 years, the Company has been providing pain ng services, waterproofing, seamless resinous flooring, wall coverings, and high performance coa ngs. With recent expansions to its flooring and fireproofing services, the Company is well posi oned to serve the evolving needs of the commercial and industrial coa ngs industry and expand its industry presence. The Company partners with the largest and most-respected general contractors in North America. By providing excep onal service to those customers, this Company has nearly limitless growth opportuni es. The Company serves a variety of industries and markets including industrial warehouses, medical facili es, hospitality and entertainment, and mul -family facili es, to name a few. The Company's ability to perform more than just pain ng and coa ngs makes its client's lives easier by elimina ng the need to manage mul ple contracts and schedules with its exper se in various areas such as demos, carpentry, FF&E installa ons, and specialty prepara ons. Tom Staszak Sr. Managing Director - M&A tstaszak@genera onal.com O: (972) 232-1104 M: (813) 451-1972 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. FINANCIAL FORECAST INVESTMENT APPEAL • Strong Client Rela onships: The Company is proud of its strong es to clients and its reputa on for quality work and client service. Evidence of these rela onships is shown in the 90% rate of repeat business. The Company's top four clients have been working with the Company from a minimum of 12 years to a high of 18 years. • Documented Systems and Procedures: Proposal, bidding, opera ons, crew deployment, and project delivery have been refined over the Company's many years in business, resul ng in an efficient pla orm that can be leveraged to springboard future growth. • Strong Historical Sales Growth: Historical sales have grown from $9,838,000 million in 2020 to 26,730,000 in 2023, represen ng a compound annual growth rate of 39.5%. • Scalable Opera ng Expenses: The Company has built an effec ve organiza on capable of sustaining projected growth. The Company maintains fixed opera ng expenditures, and future revenue growth will greatly improve profitability. Any increase in revenue will not result in meaningful changes to projected opera ng expenses. Genera onal Capital 3400 N. Central Expy Suite 100 Richardson, TX 75080 EXPERIENCED TEAM ESTIMATORS & FIELD OPERATIONS (37) SUPERINTENDENTS (6) OFFICE STAFF (6) EXECUTIVE (3FT) $9.1M $32.0M The Company has a mul - disciplined team with exper se SIGN NDA ► KEY ACCOUNT VOLUME Customer A 12% Customer B 10% Customer C 9% Customer D 9% Customer E 6% OWNERSHIP PRESIDENT 51% COO 49% 2024 Est. Revenue 2024 Est. EBITDA X 37 FINANCIAL PERFORMANCE ($M) REVENUE SOURCES CUSTOMER MARKETS ACCOUNTS Ac ve 100+ Repeat Business 90%