Award-Winning Commercial Painting and Reconstruction Company

The Company is an award-winning painting and reconstruction company based in the Western U.S. With over 50 years of industry experience, the Company offers a comprehensive range of services tailored for homeowners’ association (HOA) communities, apartment complexes, hotels, high rises, industrial facilities, retail shopping centers, and other large-scale properties.

Key Aspects

• Consistent Financial Growth: From 2021 to the trailing twelve months (TTM) ending March 31, 2024, revenue and adjusted EBITDA grew at compound annual growth rates (CAGR) of 5.8% and 22.6%, respectively.

• Strong Brand Recognition: The Company has developed a strong reputation and market presence through its 50+ years of operating history.

• Wide Array of Services: The Company offers a comprehensive range of services, including residential and commercial painting, fencing, and reconstruction solutions.

• Unbilled Revenue: As of May 2024, the company had $17.3 million in open contracts with $8.0 million in unbilled revenue.

• In-House Project Management: The Company manages all projects in-house, ensuring meticulous attention to detail and superior quality control.

• Comprehensive Customer Support: The Company's dedication to unparalleled customer support, comprehensive warranties, and responsive after-sales service ensures long-term client satisfaction and reinforces its reputation for quality and reliability.

Opportunities

• Expand Geographically: Geographic expansion throughout its region and into neighboring states with high construction activity rates.

• Enhance Deck Servicing: Leverage existing expertise in deck repairs to capitalize on state balcony laws, which mandate legal inspections.

• Develop New Customer Channels: Develop strategic affiliations with new property management companies, commercial real estate owners, and general contractors to expand the client base.

• Expand Engagement: Strengthen presence in the B2C sector by focusing on the homeowner’s market.

• Targeted Email Campaigns: Create targeted email marketing campaigns to reach specific industries or sectors, such as healthcare, hospitality, or retail, increasing engagement and lead generation.

Headquartered

• Western U.S.

Current Markets

• The Company primarily operates as a business-to-business enterprise, serving building owners, developers, and property managers throughout the residential and commercial real estate markets in its area.

Real Estate

• The Company operates from two facilities, comprising a warehouse and an office, totaling 7,200 square feet, rented from an unrelated third party.