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SPECIALIZED GEOTECHNICAL DRILLING AND TEST BORING COMPANY New England US #63264 BUSINESS HIGHLIGHTS Founded in 1987, this Company is an established drilling contractor specializing in geotechnical and environmental drilling services for engineering geology consultants throughout New England. Much of the Company's work in recent years has involved drilling for urban developers and infrastructure projects. The Company has a total of 100 customers and acvely serves approximately 65. The Company maintains one of the most well‐equipped drill fleets in the northeast, including drilling rigs, supply vehicles, drilling equipment, and tooling. Jeff Carignan Senior M&A Advisor Email: jcarignan@generational.com Phone: 413‐537‐3079 INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 DISCLAIMER: All informaon contained in this document has been provided by the subject company to Generaonal Equity and while believed to be correct has not been verified. Accordingly, Generaonal Equity makes no representaons or warranes as to the accuracy and truthfulness of such informaon. The recipient hereof acknowledges that Generaonal 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 Generaonal Equity and/or its affiliate network members are agents for the seller and not for the buyer. Generaonal Equity's fees are paid by the seller. REVENUE / EBITDA INVESTMENT APPEAL Superior Name and Reputaon. The Company has a well‐established presence, large porolio of completed projects, and a high rate of repeat business. Highly Profitable Niche Business. The Company occupies an extremely profitable niche in the geotechnical and environmental drilling marketplace by providing a specialized service specifically tailored and customized to fit the needs of each customer. Significant Growth Opportunies. The Company has the ability to grow geographically by adding sales staff, improving the Company's website and creang an effecve social media markeng campaign. Proprietary/Industry Experse. In addion to the principal's extensive technical experience, many of the Company's key employees also have significant industry and service knowledge. This wealth of experience and experse provides the Company with a significant intangible asset and advantage over most regional and naonal competors. Safety Record. The Company is proud of its ability to produce creave soluons to tough drilling issues, but insists the tasks at hand be performed with wide safety margins. Because of the diversity of work the Company performs, its field personnel parcipate in over 20 periodic safety cerficaons or licensing processes. High Barriers‐to‐Entry. The technical complexity of most projects undertaken by the Heavy Engineering Construcon industry is the largest barrier to entry for new competors. Strong Customer Relaonships. Management enjoys an excellent reputaon in the industry based on past performance, which facilitates repeat business. Generaonal Equity 125 Park Avenue , 25th Floor New York, NY 10017 SIGN NDA ► $6.3M Revenue (PROJ) $646K EBITDA (PROJ) CUSTOMER MARKETS Geotechnical Engineering 79% Ulies 18% Environmental Engineering 2% General Contractors 1% REVENUE SOURCES Geotechnical Drilling 96% Environmental Drilling 4% EXPERIENCED TEAM Project Management 1 Field Management 1 Shop Foreman 1 Mechanics 2 Drillers (6 Unionized) 9 Laborers 11 CUSTOMER RETENTION RATE 2022 80%