Issue link: http://deals.uberflip.com/i/1539897
Well Established General Contractor Serving the Public & Private Sector in Florida #62321 BUSINESS HIGHLIGHTS This well established general contractor and design-build firm has been opera ng for over a decade, specializing in new construc on and renova on, leading construc on management projects for both public and private sector clients. The Company focuses on higher educa on facili es, correc onal ins tu ons, lab buildings, hotels, mul -family, commercial offices, bridges, and marine structures. The Company's backlog is es mated at $73M as of June 2025. Serving the public and private sector, the Company has developed strong rela onships with state agencies, educa onal ins tu ons, local governments and private developers. With an extensive client database, including more than 20 ac ve clients, the Company maintains a 65% rate of repeat business. The Company's growth and success will con nue to be driven by its outstanding reputa on for building quality structures with integrity, technical knowledge, accredited skills, and a strong commitment to customer support. Backed by a full- me staff of experienced professionals, the Company is well-posi oned for con nued success throughout Florida. Barry DeWi Managing Director - M&A E. bdewi @genera onal.com T. 727.415.1487 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. INVESTMENT APPEAL Backlog of Signed Contracts: The Company already has approximately $73.0 million of revenue under contract for 2025, represen ng revenue large enough to cover 100% of es mated opera ng expenses for the year. Contractual Backlog Includes: Current backlog consists of mul -family, new commercial, construc on management/CM at-risk, and government con nuing construc on services contracts. Strong Revenue Growth: Revenue grew from $26.6 million in 2022 to $65.9 million in 2024, for a compound annual growth rate of 57.4%. Revenue grew consistently year over year during the historical period. Declining Opera ng Expenses: Opera ng expenses declined as a percentage of sales, from 5.2% in 2022 to 2.3% in 2023 and 2024. The Company should con nue to benefit from opera ng leverage as sales grow. Strong Efficiency: In 2024, the Company's ROA and ROE were 14.1% and 106.7%, respec vely, compared to industry averages of 9.5% and 39.7%, respec vely. This indicates that the Company is far more efficient than its industry counterparts at turning dollars invested in assets and equity into profits. Low Employee Turnover: The Company values its staff and their experience and that treatment is reflected in a low employee turnover rate. The Company employs highly experienced personnel. Some employees have been with the firm for over a decade. Genera onal Equity 360 Central Ave. Ste.829 St. Petersburg, FL 33701 SIGN NDA ► $4.8M $70.0M 2025 REVENUE (PROJ) 2025 EBITDA (PROJ) REVENUE / EBITDA EXPERIENCED STAFF Superintendents: 12FT Project Management: 9FT Administra on: 5FT Marke ng: 2FT Accoun ng: 3FT General Labor: 3FT HISTORICAL AND PRO FORMA FINANCIALS REVENUE SOURCES (2022-2024) ACTIVE ACCOUNTS 2025: 20 Rate of Repeat Business: 65% $4.5M $65.9M 2024 REVENUE 2024 EBITDA
