Intelligent Traffic Systems Contractor

The Company is a specialty contractor offering comprehensive integration of electrical, security, and communications systems. Additionally, the Company provides ongoing service and maintenance for these types of systems.

Key Aspects

• Revenue and adjusted EBTIDA grew at compound annual growth rates (CAGRs) of 30.2% and 47.8%, respectively, from 2020 through 2023

• Average gross profit margin of 21.5% from 2020 through 2023

• Adjusted EBITDA margin of 12.5% in 2023

• $14.1 million backlog as of March 31, 2024

• Significant recurring revenue through service and maintenance contracts

• The Company owns the heavy equipment necessary to provide its services in any environment throughout its operating regions

• Management notes that the Company self performs over 90% of its work

Opportunities

• Geographic expansion

• Capitalize on the approximately $100 billion of federal funds allocated to the Company's operating regions through FEMA, CBDG, USDA’s RUS, FHWA, and the USACE for projects that encompass the Company’s service offerings

• Reenter the telecommunications market to capitalize on the nearly $1 billion of funds allotted for a broadband deployment initiative

• Expand service offerings to gain additional clients and further diversify revenue streams

Headquartered

• Caribbean

Current Markets

• The Company provides its services to government agencies, manufacturing companies, private utility companies, and public corporations

Real Estate

• The Company operates from four locations totaling 11,400 sq. ft.

• Two of the locations are owned by the Company's majority owner and may be included in the sale of the Company or leased long-term