MAN1934

Texas Steel Fabrication, Deck and Joist & Erection Construction Services Company

Southwest US
 

The company, manufactures specialized steel products for construction projects ranging from churches to universities throughout Texas and surrounding locals.

Key Aspects:

  • More than twenty-five years of experience in steel fabrication
  • Reputation for taking on difficult tasks such as restorations
  • Excellent relationships with suppliers
  • Ability to source products for a multitude of projects, such as industrial facilities, hospitals and residences
  • Margins growing at a faster pace than revenues
  • Pre-tax profits greater than $1.0 million in three of the last four years
  • Consistently making sizable distributions
  • $2.9 million net revenue in 2019 Q1

    Opportunities:

    • Expand operations beyond the current north Texas market
    • Grow production capabilities, allowing the company to leverage its brand recognition to win larger projects
    • Add to a portfolio of steel manufactures to diversify against regional economic swings
       
       
       
      Year:

      2015

      Tax Rtns

      '000

      2016

      Tax Rtns

      '000

      2017

      Tax Rtns

      '000

      2018

      Internal

      '000

      Turnover13,22911,45111,2889,349
      Gross Profit:3,2282,6722,502929
      Adj. EBITDA *2,0371,4701,162-505
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited