Purchase an experienced contractor with significant efficiency from vertical integration with construction materialsThe Business
The Company is a profitable, multi-faceted, ready-mix, aggregate, concrete products and general contracting company. It is a one-stop construction shop with no local competition. The synergies created by manufacturing gravel and concrete products in-house gives the Company a competitive edge and creates the ability to handle large projects from beginning to end.
The Company provides complete excavation services, road construction, subdivision development, water and sewer installation, sewer system design and installation, retaining wall construction and building site preparation.
Market
The ideal purchaser for this business is a strategic or synergistic company that can capitalize on the synergies and market segment. Though all key management personnel are in place, a buyer would be required to replace current owner management.
The price of the business excluding working capital but including all fixed assets and goodwill is $5.5 million with an implied multiple of weighted EBITDA of 5.0 times. The seller is selling the operational balance sheet of the business, which includes the normal working capital of $480k. The price for the Company?s properties and gravel reserves over 140 acres is $4.9m for a combined total asking price of $10.4m.
Sector: constructionSegment: Concrete and AggregatesRegion: North AmericaFinancing Size: $5m to $20mContact: Pino Bacinello
Company: Pacific Mergers and Acquisitions Inc.Telephone: +1 604 307 3400Email: [email protected]