Ready-to-scale Concrete Resurfacing Company with IP
Mid-Atlantic US
Construction
The company is a beneficiary owner of intellectual property (IP), including equipment, materials, and processes for a regional concrete resurfacing company ready to scale nationwide.
Key Aspects
• The company's revenue grew at a compound annual growth rate (CAGR) of 25.8% from 2019 through 2022
• The company's adjusted EBITDA grew at a CAGR of 46.8% from 2019 through 2022
• Serves a related regional concrete resurfacing company that has experienced a 30.3% and 96.2% CAGR in revenue and adjusted EBITDA, respectively, from 2019 to 2022
• In 2022, the regional concrete resurfacing company achieved an adjusted EBITDA of $628K
• Licensing recurring revenue model
• The owner has three utility patents and three design patents
Opportunities
• Capitalize on the already established operating model
• Expand geographically utilizing the scalable technology
• License the access of the IP to other businesses to increase revenue
Headquartered
• Mid-Atlantic, US
Current Markets
• The company serves a concrete resurfacing installation business in the northeast, US