Pipe Manufacturer and Fabricator Specializing in the Water & Wastewater Industry

• The Company is a ductile iron pipe fabricator and ductile pipe spools manufacturer, specializing in mechanical joint anchor couplings, a patented product line, and linings and coatings for corrosion resistance.

Key Aspects

• Revenue and adjusted EBITDA grew at a compound annual growth rates (CAGRs) of 39.3% and 195.8%, respectively, from 2020 through 2023.
• The Company operates from four out of seven acres and can expand operational capacity within a six month time frame.
• According to management, the Company has applicator rights to the pipe lining west of the Mississippi River and Canada.
• The Company handles pipe sizes ranging from 3 to 60 inches in diameter.
• The Company currently has the space capability to grow and expand into steel fabrication.
• Ownership notes that the Company is a leader in industry knowledge and provides high quality products and services.

Opportunities

• Potential to have a patented product line in every fire protection system in the country.
• The Company's patented product line is projected to increase sales through a focused marketing strategy.
• Expand west and into Canada for all fabrication products with an emphasis on linings & coatings.

Headquartered

• Midwest US

Current Markets

• The Company serves a diverse client base in the water, fire protection, and wastewater/sewer markets in the US and Canada.

Real Estate

• The Company operates from a 26,000 square-foot facility sitting on seven acres of land in the Midwest which is owned by the Company and is expected to be included in the sale of the Company.