Low Voltage & Technology Contractor
Florida US
Energy & Power; Technology, Media, Telecom & Data
The Company is a technology and electrical products provider for low-voltage systems. The Company provides and installs a variety of commercial equipment such as computer networks, audio & video systems, security networks, access controls, and structured wiring.
Key Aspects
• Revenue grew at a compound annual growth rate (CAGR) of 12.8% from 2020 to 2023, with a 10.4% increase from 2022 to 2023 alone
• Gross profit margins averaged 34.4% from 2020 to 2023
• Diverse customer base via the various markets that the Company currently serves
• In operation for more than 35 years with a strong reputation throughout the industry
Opportunities
• Increase recurring revenue streams through service subscriptions, such as video surveillance monitoring, audio subscriptions, network management, and other maintenance contracts
• Enable the Company’s websites with search engine optimization (SEO) to increase digital presence
• Focus on building a strong sales team to obtain new customer accounts and promote services that contribute to recurring revenue
• Expand geographically to surrounding counties and other states throughout the Southeast US
• Obtain a general contracting license to integrate additional construction services into the Company’s repertoire
• Capitalize on the Company’s GSA MAS contract vehicle, which is valid through March 2029
Headquartered
• Florida US
Current Markets
• The Company primarily serves commercial and government customers throughout the local region of Florida
• Customer markets include education, construction, hospitality, and technology
Real Estate
• The Company operates from an 18,000 sq. ft. facility leased from an affiliated entity
• Management is open to entering into a long-term lease with new ownership