Business Description
For sale is a specialized post-tension engineering and repair services provider serving the broader Southeast. The Company operates through two complementary divisions: post-tension cable placement for new high-rise construction projects and specialized cable repair and restoration services for existing structures. This dual-service model provides exposure to both new development activity and the growing need for structural maintenance and recertification work across aging buildings.
The Company has experienced significant growth, achieving approximately 127% revenue CAGR from FY2023 through FY2025, while developing strong informal preferred-vendor relationships with several of the largest general contractors in its primary market. Management believes the business is well positioned to continue scaling, with expectations for EBITDA to exceed $3 million by 2027. Demand is being supported by favorable long-term regulatory tailwinds, particularly increasing structural inspection and condo recertification requirements that are driving repair and restoration activity throughout the region.
The business operates in a fragmented market with limited specialized competition, creating opportunities for continued market share expansion and positioning the Company as an attractive strategic acquisition or platform investment. Its technical expertise, established GC relationships, and reputation for responsive service create meaningful barriers to entry in a niche segment of the construction services industry.
The Company does have notable working capital requirements typical of large-scale construction businesses. Projects are generally billed on payment cycles, with customer payments commonly received on net 60-70 day terms, while weekly operational cost coverage can approach approximately $150,000 per week during active project periods. In addition, customer concentration exists, with approximately 40% of 2025 revenue attributed to one client and roughly 20% attributed to another. Due to the Company’s cash-basis tax reporting, historical tax returns currently reflect approximately $800,000+ of annual profitability, which may limit traditional debt financing availability and likely necessitate a larger equity contribution from a buyer.