Listing ID : 426192
Broker ID : 1135 Construction
Listed On January 2, 2024 30
Listing Updated June 30, 2024
This commercial and industrial construction general contractor was founded in 2006 after the founder determined that the construction general contractor that he was working for was on a path to being sold. The Company was extremely successful and grew substantially under his leadership. The current owner is the son of the founder and has built and managed several successful businesses over the years. The current owner purchased the business in 2019 and helped the founder further develop a strong leadership team that could operate the company independently from the company’s ownership.
The Company acquired a competitor in mid-2022 and has now fully integrated the two company’s operations into one, cohesive unit. The combined entity has enjoyed higher margins, a strong pipeline, depth of talent and resources, and an incredibly strong brand in the Charlotte market.
The company surpassed $19.3M in TTM revenue and over $2.6M in adjusted TTM EBITDA. 2023 is on track to eclipse $22M in revenue with $3.1M in TTMM EBITDA. With a strong pipeline of exclusive work built on decades of trust, the company shows no signs of slowing down.
NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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