Multi-service Engineering and Surveying Firm
Mountain West, United States
Client Code: BN000058289
Revenue (TTM): $9,396,285
EBITDA (TTM): $2,276,490
The Company is a surveying, engineering, and materials testing firm, working with industry-leading oil and gas companies, municipalities, and civil engineers to deliver cost saving solutions for substantial projects in the Western United States. The Opportunity includes a related entity holding vehicles and equipment for operations.
Key Aspects
- With nearly 60 years in business, the Company is well established to preserve its competitive advantage in the industry, as the barriers to entry has become increasingly challenging with rising governmental regulations.
- The Company has invested heavily in vehicles and equipment, owning 131 specialized assets utilized in operations.
- WHS has established a longstanding reputation for quality customer service leading to a 95% retention rate amongst clients.
- Master service agreements (MSAs) with large, publicly traded energy companies create repeat revenues for the Company.
- An established footprint across the Southwest and Mountain West regions of the US strategically positions the Company near clients, creating efficient field operations.
Opportunities
- As technology continues to develop, the Company is poised to leverage existing state-of-the-art assets to further engineering science and strengthen its market position.
- Continue to grow land development and construction services as new home construction presents opportunities for land surveying, subdivision plating, and construction management.
- Maintain and develop existing revenue streams with increased MSAs as surveying and site monitoring become more frequent and tightly regulated.
Headquartered
- Mountain West, US
Current Markets
- The Company serves oil & gas, utilities, transportation, land development, construction, mining companies, and municipalities in the southwest and mountain west regions of the United States.
Real Estate
- The Company operates out of five flex facilities, office and shop space, with four being leased from unrelated third parties and one being leased from an affiliated entity in four states across the Western United States.