Issue link: http://deals.uberflip.com/i/1535917
LEADING FIBER OPTIC & UTILITY GENERAL CONTRACTOR #66438 BUSINESS HIGHLIGHTS Headquartered in the Southeast, the Company is the leading privately-owned u lity general contractor in its market. The Company is a major fiber op c contractor for blue chip clients with addi onal work in other u lity construc on such as gas, electrical, power, cable and solar. The Company is experienced in underground u lity construc on, grading and excava ng, electrical and low voltage construc on, and security infrastructure installa on, with a growing presence in solar farm construc on. The Company works as a Prime contractor on nearly a dozen MSA contracts for blue-chip clients and self- performs the majority of its work with its experienced workforce of nearly 300 full- me W2 employees. The Company is a preferred, and o en exclusive, contractor for many blue chip customers like Google, Verizon, Dominion, and others. These companies have a na onal footprint and have been solici ng the Company's services in those markets. We are seeking a majority investor to help capitalize on this tremendous growth opportunity to pursue those markets. Jack Sluiter Managing Director - M&A jsluiter@genera onal.com 980-217-9520 INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 - 2022 - 2024 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. SIGN NDA ► REVENUE / EBITDA 2024 REVENUE INVESTMENT APPEAL a. Strong Historical Sales Growth: Sales have grown from $48,048,000 in 2020 to just under $100M in 2024, a 20% CAGR. b. Dominant Market Share: While there are many compe tors in its direct marketplace, the Company has a strong market share and posi on due to its breadth of assets and personnel. The Company is a go-to source for u lity construc on in the local region and an cipates reaching equal dominance in comparable Carolina and Virginia metropolitan areas. c. Mul -year Contracts: The Company has contracts and master service agreements that extend over mul ple years, offering consistent recurring revenue streams that bolster the bo om line. Contracts range from 1 to 3 years with many short-term engagements set to auto-renew. d. Strategic Expansion: The large-scale turn-key work for na onal customers provides natural geographic expansion opportuni es. While current customers solicit the Company for expansion, management have limited growth to the local region with a view to pursue more aggressive expansion once the right capital partner has been secured. Several regionally-close, high -demand markets have been iden fied for expansion with a volume of work available that would span many years into the future. Genera onal Equity 125 Park Avenue, 25th Fl. New York, NY 10017 212-381-7650 CREW LEADERS CREW MANAGERS $27.1M $35.2M $100M $118M 2025 REVENUE (Projected) 2025 EBITDA (Projected) 2024 EBITDA STAFF DIRECTORS LEADERSHIP SUPERVISORS 50 187 17 3 4 29 X X X X X X REVENUE MIX FINANCIAL PERFORMANCE ($M) BLUE CHIP CLIENTS ACTIVE MSA CONTRACTS 2025 10 Repeat Business 98%+ REVENUE SOURCE U lity Construc on 100% FACILITIES Office/Warehouse 10,000sf Office/Shop 10,500sf Yard 217,800sf