Premium Industrial Services Firm

The Company is an industrial services contractor specializing in painting, protective coatings & linings, industrial cleaning, abrasive blasting, and scaffolding.

Key Aspects

• The Company achieved impressive financial growth with revenue increasing at a compound annual growth rate of 19.2% from 2021 to the trailing twelve months (TTM) ending June 30, 2024.
• The Company has a well-established brand, with significant presence and reputation within the local region.
• The Company has over seven decades of operational experience in the industrial repair & maintenance industry.
• The Company's high-quality service has led to consistent client retention rate, accounting for 72% of revenue in 2023.

Opportunities

• Management has indicated that the projected $5-6 billion investment into the local trona industry in Sweetwater County is expected to lead to significant operational growth.
• Expand the Company's construction coating, industrial cleaning, and de-leading services to further service the existing client base.
• Expand the Company's scaffolding and industrial cleaning services within local facilities.
• The rapid progress in industrial automation and AI are expected to significantly boost demand for sophisticated industrial services.
• Implement a strategic marketing campaign to grow the Company's client base.

Headquartered

• Wyoming

Current Markets

• The Company serves industrial firms operating in the energy, construction, utility, chemical, and manufacturing industries.

Real Estate

• The Company operates on a 12.15-acre property, housing four buildings totaling 39,238 square feet. The property is owned by an affiliated entity. Management notes that the lease is assumable with the possibility of a sale of the property as part of the transaction.