Acquisition Opportunity - Full Service Structural Steel Engineering Firm (West Coast, USA)

Business Description: The Company is a full service structural steel detailing firm and provides structural steel shop detail drawings to steel fabricators across the country.  It focuses primarily on 3D Structural Steel Modeling & Building Information Modeling (BIM) for Mechanical, Electrical, Plumbing (MEP) Coordination on significant commercial projects.  The Company relies on its vast knowledge of Structural Steel Frames e.g. it started in the industry when steel detail drawings were created entirely by hand. The Company’s professionals utilize the latest technology to help deliver projects on time/on budget.

       

Market Place: The Company enjoys a distinct cost competitive advantage re: partial utilization of international engineers’ services and the ability to move projects along on a 24/7 basis.  Structural Steel Detailing is a must-have service for the construction efficiency and integral quality of major commercial buildings and structures, both nationally and worldwide.  The Company’s knowledge base combined with its strong long-term use of cutting edge technology makes it unique in the steel design and detailing business. 

Operational Strengths: Every project is backed with a strong management team who works real-time with clientele to keep projects flowing smoothly, Fast-Tracked, and cost effective.  Each project team has a Project Manager with a minimum of 10 years of experience (including steel design and detailing, fabrication shop, and field experience), and a Project Coordinator with a minimum of 5 years of Tekla Structures experience.

The Transaction: The Owner wishes to retire and sell the firm. The Company’s professional team wishes to continue and expand the business. 

Financial Summary
	2017	2016	2015
Revenue	$2.2M	$1.9M	$2.6M
Adjusted EBITDA	$917K	$635K	$1,019K

Location	Financials	Management Team in Place	Years in Business	SIC #
West Coast	Internal	Yes	35	8711