Project Puffin

Located in GA, this company is a leading utility contractor with more than 30 years in the telecommunications and underground utilities construction industry.   With a stellar reputation for delivering on time and within budget, the company currently has 10 MSA contracts in place with some of the largest telecom and utilities providers in the country.

Growing almost exclusively through referrals, the business has grown year-over-year and currently has a backlog of more than $10.2 million and a pipeline that exceeds $57 million. This company is well positioned to take advantage of the ever-growing demand for infrastructure development, repair and maintenance, this company has a solid, young, energetic team of professionals with an average of 24 years’ industry experience ready to take the company to the next level.

INVESTMENT HIGHLIGHTS:

• Diversified Service Offering: This company holds multiple certifications and provides services to telecom, underground and aerial construction companies throughout the Southeastern USA.
• Future Work: The company maintains a hefty backlog and significant pipeline of work, almost all of which comes from long-time customers and referrals from existing customers. The workload could grow substantially with access to more capital to bid bigger projects.
• Opportunity to Expand into new markets: Management has identified two markets that are underserved currently, that they feel could be good growth opportunities without much capital requirement.

• Bid Asking Price
• $3.461,807 Cash Flow
• $16,294,284 Gross Revenue
• $4,700,000.00 FF & E
• 0 Inventory

Exit Strategy