Executive Summary:
A well-established heavy industrial electrical and instrumentation contractor serving refinery, petrochemical, power generation, and industrial clients throughout Southern Ontario. Operating for over 40 years, the Company provides maintenance, turnaround, instrumentation, and capital project services to a blue-chip customer base.
Key Highlights:
- 40+ Years of Operating History serving industrial clients for nearly 4 decades.
Strategic Market Presence with deep-rooted customer relationships and high barriers to entry.
- Strong Financial Performance with ~ $16.7M average annual revenue and $1.3M average SDE over the last five years.
- Blue-Chip Customer Base supported by recurring maintenance, turnaround, and project work.
- Experienced Union Workforce of approximately 40 employees supported by a seasoned management team.
- Turnkey Operation with limited owner involvement in day-to-day activities.
- Growth Opportunities through customer expansion, instrumentation services, dedicated business development manager and broader geographic reach. Company has a proven record of revenues approx. $22M historically which as per the seller, can be easily supported by existing infrastructure and current workforce.
- Strong Project Visibility – Management is currently engaged in budgeting and pre-construction activities for multiple large-scale industrial projects and believes the Company is well-positioned to participate in significant capital, maintenance, and turnaround work extending through 2028.
- Assets Included: approximately $200K including vehicles and equipment.
- Transition Support available for a reasonable period to ensure smooth transition.
