, California 5 views 0 favorites
This acquisition opportunity is for a geotechnical engineering firm providing investigation, design, construction, and consulting services to predominantly public-sector clients. The Company provides high-quality geotechnical engineering services to “A-list” clients throughout California. In 2021, revenues were split between Geotechnical Investigations, Design Servies and Consulting (50%) and Construction Phase Services including Inspection and Testing (50%). Customer markets include education (26%), science & technology (22%), water resources (16%), energy (10%), environmental habitat restoration (10%), transportation (7%) and legal (4%). Investment Considerations: A-List Client Base: The Company’s focus on clients that value technical excellence continues to reap rewards as the business expands. The Company continues to win large, complex and professionally satisfying projects from established “A-list” clients, which include colleges, universities, water agencies, large A/E firms and the Federal government. Multi-Year Contracts In-Hand: The Company has a solid backlog of work from existing multi-million-dollar Federal IDIQ contracts already signed. A-List Projects: The Company project portfolio includes a high percentage of A-List projects distributed across multiple market sectors that form a basis for pursuing new work. The Company’s recent building experience includes numerous projects valued in the $50M to $250M range. The Company works on water resources and transportation projects with values that can range from $10M to over $1B. Superior Name & Reputation: The Company enjoys a reputation for its qualifications and experience. The majority of the Company’s staff possesses technical degrees and masters-level education. It has an 12-year proven track record of winning projects of substantial complexity and successfully completing them with high levels of client satisfaction. Investment in Growth: In 2020 and 2021, the Company focused time and resources to pursue multi-year, on-call contracts with the US Army Corps of Engineers and US Fish and Wildlife Service worth over $12 million. Currently, services have been procured on three contracts, and a fourth contract is awaiting the first task order. Location: California
Listed: Apr 22, 2022
Updated: 8 hours ago
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