VEN1563

Full Service Plumbing Company in Southeastern US

Southeast US
 

Louisiana-based company that provides full-service general plumbing to commercial and residential customers. The majority of the business’s projects consist of new construction or installation for commercial projects.

Key Aspects:

  • Reputation for quality service
  • Operating for nearly three decades
  • Focused primarily in the commercial market
  • Key personnel with over 30 years of industry experience
  • Longstanding relationships with major suppliers in the area
  • Large pool of manpower to perform large-scale projects year round

    Opportunities:

    • Strong potential to increase financial margins given current project pipeline
    • Expand commercial operations through Southern Louisiana and beyond
    • Opportunity to take advantage of a growing construction market in Louisiana
       
       
       
      Year end 12/31/2018 12/31/2017 12/31/2016
      Compiled Compiled Compiled
      $'000 $'000 $'000

      Revenue 2,674 1,298 1,793
      Gross Profit 1,677 406 1,201
      Adjusted EBITDA* 216 122 259

      *Earnings before interest, tax, depreciation and amortization (non-cash items)
       
      Bids Invited