A well-established, full-service industrial and mechanical construction and MRO firm based in the Midwest with over 40 years of proven success. The Company delivers end-to-end solutions, including:
- Specialized Industrial Services – piping, rigging, millwright services, structural steel, insulation, scaffolding, and HVAC.
- Construction & Project Execution – spanning concept, engineering support, execution, and completion.
- Facility Maintenance & Operational Support – “nested” plant maintenance teams and long-term facility support agreements.
Serving customers in the chemical, food and beverage, renewable energy, consumer goods, steel, air separation, pulp and paper, pharmaceuticals, plastics, and oil and gas end markets, the Company is driven by a seasoned leadership team and a strong operational culture. Its scalable platform benefits from a solid reputation, long-standing client relationships, and consistent performance. The Company offers attractive growth opportunities for strategic or financial buyers.
GROWTH OPPORTUNITIES
Current Opportunities:
- Projected revenue of approximately $165,000,000 for the 2025 fiscal year, more than doubling since 2022.
- Projected backlog of $100,000,000+ secured for 2026, supporting visibility and growth.
- A strong focus on higher-margin projects across diverse industries.
Strategic Initiatives:
- Investment in business development resources to further expand into the Southeastern U.S.
- Implementation of an enhanced ERP platform in order to improve project controls and efficiency.
- Pursuing expanded service offerings, including increased data center construction capabilities, growth in modular fabrication services, and additional long-term facility maintenance agreements.
INVESTMENT HIGHLIGHTS
Long-Term Excellence:
- Four decades of industry leadership with a proven track record.
- Highly skilled team of talented, committed construction and maintenance professionals.
Advantageous Contract Structures – Approximately 50% of 2024 and 2025 revenue has come from cost-reimbursable / NTE structures, mitigating cost overrun and project delay risks.
Safety First – As the #1 core value, the Company’s safety culture is embedded at every organizational level, which drives client confidence and reduces operational risk.
Maintenance & Facility Support – Approximately 15% of annual revenue comes from “nested employee” maintenance & operational agreements, enhancing client “stickiness” and providing recurring revenue.
| 2023 | 2024 |
TTM |
|
| Revenue | $85,000,000 | $130,000,000 | $160,000,000 |
| EBITDA | $5,000,000 | $8,000,000 | $14,000,000 |
