Issue link: http://deals.uberflip.com/i/1530979
MILLWRIGHT SERVICES-HEAVY MACHINERY & EQUIPMENT MOVING, RIGGING, & INSTALL - Located in Midwestern US Region #66601 Sign NDA ► 2024 Revenue Est. $3,100,000 2024 EBITDA Est. $770,000+ DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller. Stephen Dinehart Senior M&A Advisor Email: sdinehart@generational.com Office: 608-833-9396 Generational Group 3400 N. Central Expressway, Ste. 100 Richardson, TX 75080 Fax: 972-392-8564 BUSINESS HIGHLIGHTS The Company delivers complete millwright services for heavy machinery and equipment moving, erecting, rigging and installation across a range of industries including machine shops (70% of 2023 revenue), defense, and manufacturing (16%) in the Midwestern US. The Company also services clients in the food processing, HVAC, electrical, automation, foundry, machine tool/robotic integrators, and printing industries. In addition, the company provides repair and maintenance services for industrial and commercial equipment as well as leveling, alignment and anchoring, fabrication, welding, erecting, and warehouse storage. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 COMPANY STATS Over 45 yrs of operations 150+ active clients 11 FT employees INVESTMENT APPEAL • Strong Revenue & Earnings Growth: Revenue for the Company has grown consistently over the historical period from $2,433,000 in 2021 to an estimated $3,100,000 in 2024. EBITDA as a measure of earnings and profitability has also grown from $306,000 (12.6% of Revenue) in 2021 to an estimated $772,000 (24.9%) in 2024 as the company scales and continues to focus on operational efficiency. • Strong Balance Sheet: In 2023, the Company's unadjusted current assets were approximately $3,098,000 and current liabilities were $317,000. The Company's unadjusted current ratio was 9.8, far above the industry average for companies of its size at 2.4. • Diversified Customer Industries: The Company maintains a loyal client base within multiple industries, which includes defense, manufacturing, machine shops, food processing, and more. Operating within multiple industries helps ensure the Company will not be significantly impacted during a slowdown within a single industry. • Recession-Resistant Industry: The Company's exposure to multiple industries allows it to operate without concern of the ups and downs of economic cycles. GROWTH OPPORTUNITY Industrial Storage Develop Sales/Marketing Geographic Expansion Customer Markets Mix