Wednesday, 26 July 2017

Articial Turf/Sports Surfacing - Installation, Manufacturing, and Distribution (NE USA)




Business Description:
This privately held business has been in operation for two decades.  Their resume (soon to reach 1000 projects completed, most by one company in the U.S.) includes local, national, and professional venues.  Their customer service approach has cultivated an award-winning list of clients.  Services include design, repair & maintenance, consulting, and construction management.

Distribution:
The Company has one large centralized office, warehouse, and showroom.  They are looking to expand operations from the Northeast, Mid Atlantic, and Southeast to other key geographic locations across the U.S.

The company is on the cutting edge of technology and innovation, and is the exclusive vendor for the industry’s leading manufacturer of grass fiber.  The company uses certified in-house installers, not subcontractors, thus enabling them to “self perform” all athletic field replacements and installations.  Their reputation, along with close trusted relationships with athletic directors, elite clubs, and municipal communities sets them apart.  The company recently added its own manufacturing component. 

The Transaction:
The owner is flexible on the structure of the offer, and would prefer to remain with the company to help take it to the next level
Financial Summary

2017 Est* by Seller
2016
2015
Revenue
$12MM
$5.3MM
$5.2MM
Adjusted EBITDA
$2.5MM
$1.7MM
$1.6MM
                            *The Company has large future bookings continually increasing.

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Northeast
Reviewed
Yes
19
1799





Direct All Inquiries to:
Gottesman Company
Refer to: S-1859 RLF
Tel: 212-330-8010     Fax: 646-434-4557