Leading Provider and Installer of Fabricated Ornamental Iron and Residential Fencing in California
34 Year old Company, 7.1 Adj. EBITDA
The Company is the market leader for installation of residential wood, chain link and ornamental iron fencing and decking.
The Company has a strong management team in place with a proven operational infrastructure, a global supplier network and strong relationships with national institutional home builder customers which has helped it become the dominant fence contractor in its market.
Management has identified several growth initiatives which could be used to substantially grow top-line revenue and bottom-line profitability over the short, mid and long-term horizons through leveraging relationships with current suppliers and national home builder customers.
The Company serves as a passive investment for the Owner. The Owner expects a seamless transition to new ownership with the current team planning to stay in place after a transaction. Owner will also stay on for 6 months to 1 year as needed.
Facilities include: a strategically located yard, two metal fabrication operations and over 60 trucks with an array of product and job-specific equipment.
Purchase Considerations
- $29.9 million in total revenue in 2021. $31.1 million in total revenue in trailing twelve months (TTM) through March 2022
- $7.1 million Adj EBITDA (3 Year Average)
- Exceptional management team that intends to stay in place
- Developed operational infrastructure, global supplier network, and strong customer relationships to achieve dominant market position
Certain principals of Raincatcher are registered representatives offering securities and investment banking services through Britehorn Securities, a registered broker-dealer (member FINRA/SIPC). Britehorn Securities and Raincatcher are not affiliated entities.
Negotiable