Heavy Utilities Contractor - Power Plant Build & Maintenance

Business Overview:

Located in the Sun Belt, this company is a leading heavy utilities contractor specializing in power plant construction and maintenance services. The business has built a stellar reputation and an accident-free safety record since inception in 2017. Serving both national and international blue-chip clients; they provide turn-key solutions from isophase bus, and transformer dress-outs to steel structure erection, metal fabrication, asphalt/dirt work and more. The company sits in the middle of an industrial epicenter enjoying rapid growth including mega data centers and liquified natural gas (LNG) expansion projects. With a backlog of $3.3 million, and a potential pipeline of more than $57 million in bid opportunities, the demand far exceeds what the owners want to do at this phase in their lives. A larger entity with vision and capacity for long-term growth could realize the full potential of this strategically aligned diversified services business. The company is well positioned to take advantage of the ever-growing demand for regional infrastructure development, repairs and maintenance. Manpower expansion utilizing a deep bench of highly skilled and certified sub-contractors from millwrights to electricians and engineers are quickly mobilized regardless of the job size. INVESTMENT HIGHLIGHTS: • Diversified Service Offering: From steel design, engineering, turnkey construction, rigging and demolition services to dirt work, fencing and asphalt; this company offers top quality craftsmanship through tenured employees, laborers and sub-contractors. • Future Work: Between power plant expansions and turnarounds, data center builds and the federal mandate to improve infrastructure across all utilities; demand for the services this company provides will continue to grow exponentially for the foreseeable future. • Opportunity to Expand into new markets: The company GC license is NASCLA certified, allowing them access to work in 19 states. The license holder will remain with the company in his current capacity through transition and under the current arrangement.

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Reason for Selling:

Retirement. Kindly ask the seller for more information.

Additional Details:

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