Agricultural Irrigation Company

Description:
The Company is an agricultural company specializing in comprehensive irrigation solutions. The Company's services include irrigation system design and installation, automation systems, cost-sharing consulting, parts supply, and repair and maintenance support. The Company is committed to responsible water use and stays at the forefront of technology and automation to ensure efficient and sustainable agricultural practices.

Key Aspects:
• The Company maintained strong financial margins with gross profit and adjusted EBITDA margins averaging 34.4% and 12.3%, respectively, from 2022 through 2024.
• The Company has a strong client base with management estimating 77% of revenue being generated from repeat clients in the trailing twelve months (TTM) ending April 30, 2025.
• As of May 2025, the Company's backlog is approximately $3.5 million.
• The Company has been in business for over a decade.

Opportunities:
• Focus on driving automation software sales to both existing clients and new clients in order to accelerate recurring revenue growth.
• Diversify revenue streams by expanding into residential irrigation, municipal projects, industrial filtration and valve systems, and underground utilities to capture new customer segments and drive growth.
• Expand geographically to gain new market share and acquire additional clients.
• Hire an in-house estimator to streamline project bidding processes, improve cost accuracy, and increase the Company's competitive advantage.

Headquartered:
• Southeast, US

Current Markets:
• The Company primarily serves farmers with fruit and vegetable crops, as well as sod farms and nurseries throughout three states in the Southeast, US.

Real Estate:
• The Company operates out of two leased facilities within a building comprising 21,291 sq. ft., with the Company's leased space totaling 13,073 sq. ft. In addition, the Company leases two pipe and storage yards with a combined area of 2 acres. Each facility includes a dedicated warehouse and office spaces, with one facility featuring a 1,500-square-foot carport. A related entity owns both the building and the storage yard and may be leased long-term.

Shareholder Ownership:
• The Company is equally owned by two shareholders who are seeking to focus on other business ventures. The owners are willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership.