Heavy Civil Construction Contractor

The Company is a heavy civil construction contractor that performs public and private infrastructure work including erosion control, grading, storm drains, sanitary sewers, curb & gutter, sidewalks, and asphalt paving.

Key Aspects

• In 2023, management estimates that 85% of revenue came from repeat clients

• Over $8.7 million remaining to be billed on open contracts as of May 31, 2024

• Well-established company with nearly 20 years of operating history

• The Company owns a significant amount heavy equipment for performing various tasks, ranging from land grading to road paving

• In 2023, management estimates that only 15% of work was performed by subcontractors

Opportunities

• Continue the Company’s expansion into the asphalt paving market

• Pursue additional dedicated water and sewer utility construction projects through public municipalities

• Apply the principles of search engine optimization (SEO) to the Company’s website

• Expand the Company’s geographic footprint

Headquartered

• Southeast US

Current Markets

• The Company primarily serves municipalities, the state Department of Transportation (DOT), and private developers within a two- to three-hour radius of its location.

Real Estate

• The Company operates from two locations with 4,000 sq. ft. of space and a two-acre laydown yard in one and a separate two-acre laydown yard at the other.

• The properties are owned by affiliated entities and may be included in the planned sale of the Company.

• Ownership is also open to a long-term lease of the facilities.