BUI1590

Power Line and Right-of-Way Service Provider

Southeast US
 

The company provides power line construction and right-of-way clearing services for utility companies and municipalities. It specializes in high voltage electrical work, power line relocation, and fiber and copper installation and splicing.

Key Aspects:

  • Currently working on five contracts worth $7M as of December 31, 2018
  • Specialize in high voltage electrical work, and fiber and copper installation and splicing
  • Long-term customer relationships in place, several have been doing business with company for over 20 years
  • Unlimited Tennessee contractors license
  • Seasoned management team in place that could be involved in succession planning and transition
  • Operating for over four decades
  • Excellent market recognition and reputation

    Opportunities:

    • Form a dedicated sales team to actively seek out and engage prospective customers
    • Bolt-on for complementary construction service provider
    • Expand geographic reach and tap into an established customer base
       
       
       
      Year:

      2015

      Reviewed

      '000

      2016

      Reviewed

      '000

      2017

      Reviewed

      '000

      2018

      Actual

      '000

      Turnover4,9255,8265,6925,274
      Gross Profit:7302631,1521,396
      Adj. EBITDA *7732171,1841,441
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited