Full-Service Property Development Consulting and Engineering Firm

The Company is a full-service property development consulting and engineering firm. The Company’s core services include civil engineering, planning, and building design services.

Key Aspects

• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 24.1% and 38.6%, respectively, from 2020 through 2023

• Adjusted EBITDA margins from 2020 to 2023 averaged approximately 34.0%

• As of January 2024, approximately $3.6 million is remaining to be billed for projects under signed contracts

• Several long-term and repeat clients

• In operation for over 20 years with strong brand recognition and an excellent reputation within the industry

Opportunities

• Broaden service offerings to include a wider range of infrastructure projects to bolster the Company's commercial and industrial projects portfolio

• Geographic expansion into areas of the US with high rates of construction activity

• Continue to grow the Company’s team of project managers and engineers to respond to additional requests for proposals (RFPs)

• Create a dedicated sales and marketing team to expand the Company's client base

Headquartered

• Southeast, US

Current Markets

• The Company serves residential, commercial, government, and industrial clients throughout the Southeast US. These clients primarily include business- and landowners, developers, and contractors.

Real Estate

• The Company operates from a 5,200 sq. ft. facility leased from an affiliated entity. Management notes there is room to grow in the current location and that the real estate may be leased long-term.