Construction Contractor

The Company is a commercial construction contractor specializing in cold-formed metal framing projects, fibrous building insulation projects, gypsum board assemblies, acoustical treatments, and clean room systems. In operation for over 35 years, the Company has built a highly regarded brand known for quality craftmanship and developed a loyal client base spanning several end markets across Indiana.

Key Aspects
· The Company has an impeccable reputation driven by over 35 years of
successful project execution in the commercial construction industry
· The Company has a highly experienced leadership team with deep industry
expertise with strong operational capabilities
· The Company employs leading craftsmen and is committed to developing
new employees through its onsite apprenticeship program
· The Company has cultivated long-standing and entrenched relationships
with a client base composed primarily of leading, well-established general
contractors
· Management notes that approximately 90% of revenue was generated from
repeat clients in 2024, driven by high-quality workmanship, on-time project
completion, and staying on budget
· The Company produced healthy average gross profit and adjusted EBITDA
margins of 26.2% and 13.9%, respectively, from 2021 through 2024
· The Company has a large backlog balance of $7.7 million remaining to be billed on current projects, as of January 1, 2025
· Financials as of 12/24
REF-BN000064573

Opportunities
· Enhance long-term profitability by targeting high-margin, multi-year projects, such as new construction on medical, pharmaceutical, and data facilities as well as multi-story corporate offices
· Increase revenue by accepting additional opportunities within the existing client base
· Drive revenue growth through strategic geographic expansion into neighboring markets
· Generate recurring revenue by offering ongoing maintenance contracts for completed projects