Detail information about the listing
This is a well-established, Puget Sound based, professional service company providing its clients with superior surveying, land development, and consulting services. The company has a positive and respected business presence in the area that will remain with the company even after it is purchased, providing the new ownership with immediate brand recognition and a foundation for growth.
The customers of the company include home builders, commercial builders, and residential homeowners. The business has a high percentage of repeat customers, including mainstream home builders and commercial construction companies, that provide continual cash flow. The firm has helped thousands of parties with surveying, land development, and other consulting services over a multiple decade time period. The solid client base is very loyal and has a strong history of regularly leveraging their deeply skilled, experienced, and knowledgeable engineers.
Executive management currently estimates the company has a two-year backlog of pending projects (all in different phases of permitting and sales cycle).
The company has a strong executive team in place and in-house parties have been identified capable of taking over the potential positions transitioned in the company’s organizational chart with the retirement of the party motivating the sale. The remainder of the staff is seasoned and happy professionally.
The lead M&A intermediary at IBA for this project is Seth Rudin. Mr. Rudin can be contacted directly at (425) 454-3052 or [email protected].
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