Horizontal Directional Drilling Company

Southeast Texas
Client Code: BN000055373
Revenue (Internal): $5,446,475
EBITDA (Internal): $361,713

The Company provides horizontal directional drilling (HDD) and underground utility services. Water and wastewater installation, manhole rehabilitation, solar farms, and EV construction services are also provided. The Company holds status as a Service-Disabled Veteran-Owned Small Business (SDVOSB) and as a Minority Business Enterprise (MBE).

Key Aspects
  • EMR rating of 0.87 as of 2023
  • Holds DBE, ACDBE, SBE, and HUB certifications, which will remain in place post-sale
  • Well-established in an industry with high barriers to entry
  • Specializes in projects requiring technical expertise and knowledge of complex site designs
  • Reputation amongst clients for working with honesty, integrity, and safety
  • Integral industry connections gained by quality, timely, and consistent delivery of high demand and diverse services
  • Significant population growth in nearby major cities offers ample opportunities for additional and continuing work
  • The release of broadband connectivity in more rural areas provides the chance for project work
  • Federal, state, and municipal pipeline infrastructure investments are expected to continue through 2028
  • Bring subcontracted conventional boring services in-house
  • Southeast Texas
Current Markets
  • The Company provides services throughout the continental U.S. as a subcontractor for electrical, plumbing, and mechanical contractors in the utilities and new construction industries.
Real Estate
  • The Company operates from an 8,041 square-foot office space, which is leased from an unrelated third party, and a 7,030 square-foot lot which is leased month-to-month from and held by ownership. The leases are assumable by new ownership, and ownership is open to including the lot in the sale.