Commercial & Industrial Electrical Contractor

Description:
The company provides specialized commercial & industrial electrical work for general contractors in Nevada and surrounding areas. The company's projects include geothermal, solar, renewables, multi-family residential, and other diversified commercial work.

Key Aspects:
• Adjusted EBITDA margins averaged 10.4% from fiscal years 2020 to 2023
• Performs highly profitable geothermal electrical services with limited regional competition
• Profit sharing plan retains highly experienced key management & staff
• Maintains the ability to perform work in remote locations as needed
• Strong affiliations with regional GCs and developers provide increased opportunities to win project bids
• Diversified across numerous industries & markets

Opportunities:
• Significant potential to continue expanding to meet clean energy and renewable services demand, especially as the geographic
• Requisite increased demand for education & public works with Northwestern Nevada & California growth
• Positioned to scale quickly based on demand in several industries and growth in geographic area, according to ownership
• Partner with a national contractor to expand the company’s geographic footprint

Current Markets:
• The company provides electrical services to commercial customers serving renewable, public works, multi-family, healthcare, educational, hospitality, and industrial markets. The company subcontracts for general contractors in addition to providing services direct to end users.

Real Estate:
• The company operates from a 15,000 square-foot facility, which is leased from an affiliated entity. Ownership is open to leasing the facility post-sale.

Shareholder Objectives:
• Ownership is open to various deal structures to facilitate a transaction. Two minority owners expect to remain with the company post sale to assist with future growth.

Headquartered:
Nevada, US