This Midwest business is one of the largest electric and security automation subcontractors in the region, boasting millions in secured work, $10+ million in sales, and a diverse client base comprised of schools, airports, casinos, corporate headquarters, distribution centers, municipalities, manufacturers, and venues! 65% of their revenue is new installs in existing buildings – which turn into maintenance revenue, which accounts for 35% of sales. With over 50 current employees, the owner of this business is willing to remain part of the team for an extended period after the sale.
These specialty contractors focus on specialized electrical and low voltage work including automation, security, infrastructure, and industrial projects. Seven of the over fifty employees focus on administrative tasks, while the rest are union employees who work on-site. The well-rounded crews include project managers as well as supervising managers. The owners currently focus on estimations, project management and business oversight and are not in the field. Projects often include large-scale security system installation, industrial machine installation and maintenance, complete electrical installation, data center electrical work, and the installation of building automation with related controls. They focus on data/security and automation.
Could be attractive to a financial or strategic buyer. Sales volume and cash flow numbers are a 4 year average.
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