Commercial Metal Framing and Drywall Contractor

The Company is a commercial drywall, framing, and acoustical ceiling contractor. The Company specializes in design-build construction of load and non-load bearing metal framing systems, gypsum wallboard, and acoustical ceiling systems targeting the multi-family and hospitality sectors. The Company operates an in-house offsite prefabrication facility, offering prefabricated cold-formed metal stud wall panels, joists and trusses. Approximately 23% of 2023 revenue is WOSB set aside.

Key Aspects

• Revenue and adjusted EBITDA grew at a compound annual growth rate of 47.2% and 23.8%, respectively from 2020 to 2023

• Prefabrication services offered

• Operating history exceeds 29 years

• $23M remaining to be billed on projects as of January 1, 2024

• Bonding capacity of $12M for single projects and $20M in the aggregate

• Receive invitations to bid from leading general contractors in the area

• Second-tier management groomed for succession

• Fabricates load- and non-load bearing metal wall panels, joists, and trusses for all types of projects

Opportunities

• Work with owners, architects, and developers to convert projects to prefabricated load-bearing structures

• Expand prefabrication services to increase revenue

• Add another project manager to address demand needs

• Expand to surrounding states to increase market share

Headquartered

• Georgia

Current Markets

• The company focuses in the metro-Atlanta, Georgia area, and has completed work in other states such as Florida, Kentucky, North Carolina, South Carolina, Alabama, and Tennessee.

Real Estate

• The company operates from a 15,000 sq. ft. commercial building. The is leased from an affiliated third party. Ownership is willing to consider including the property in the planned sale of the company or entering into a long-term lease agreement with new ownership.