Business Description

This established heavy civil construction company in California projects gross revenues exceeding $38 million for 2024, with over $24 million already received year-to-date. They specialize in infrastructure projects like highways, bridges, and tunnels, holding A-General Engineering and B-General Building licenses. The company, recognized as a small business at state and federal levels, has won awards for construction safety excellence and maintains a 0.75 EMR rating. With stable EBITDA margins between 11% and 13%, they show consistent revenue growth, supported by a dedicated team of 50 professionals. Supported by a team of project managers, engineers, and skilled tradespeople, the company has achieved over 56% revenue growth from 2022 to 2023. The seller foresees 2024 adjusted EBITDA to surpass $4.6 million. A non-union certified HUBZone contractor, they have opportunities for growth and are open to discussing these with interested parties. A long-term transition plan