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Specialized Electrical Contractor - Well Known within the Oil and Gas Industry Located in Utah #67764 Sign ► NDA 2024 Net Sales Est. $8,900,000 2024 EBITDA Est. $1,681,000 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. Frederick T. Zweifel Senior Managing Director - M&A Email: fzweifel@generational.com Office: 972-232-1109 Generational Equity, LLC 3400 N. Central Expressway, Ste. 100 Richardson, TX 75080 Fax: 972-392-8564 BUSINESS HIGHLIGHTS The Company is a highly respected electrical contractor for the oil and gas industry, as well as for other industrial, commercial, and residential markets. Areas of specialization include low voltage electrical, calibration, instrumentation, and general professional electrical services. The Company serves clients throughout Utah, in addition to Colorado and Wyoming. A loyal client base generates approximately 80% repeat business annually from the following customer markets: oil and gas production (80% of 2023 revenue), commercial (10%), and residential (10%) markets. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 INVESTMENT APPEAL • Diverse Service Offering — The Company offers a variety of services including, but not limited to, low- voltage work for computer networks, security systems, structured cabling, and data systems; calibration services; instrumentation and PLC programming; and general troubleshooting, installation, and maintenance of commercial electrical systems as well as residential home theaters. • Strong Client Relationships — The Company works closely with 25 active accounts. The top clients have worked with the Company for an average of 5 years and rely heavily on its expertise in the field. The Company has particularly strong relationships with oil and gas producers, who represented 80% of total sales in 2023. • High Sales Growth — Sales have grown consistently year over year. They increased from $4,862,000 in 2021 to $8,338,000 in 2023, representing a compound annual growth rate of 31.0%. • Considerably More Profitable — EBIT grew 115.7% compounded annually, from $337,000 in 2021 to $1,568,000 in 2023. EBIT as a percentage of sales is strong when compared to companies in the same industry. The Company's EBIT represented 18.8% of sales in 2023, higher than the industry average of 7.9%. IBISWorld – 23821 "Electricians in the US" Geographic Markets