$22M Government Contractor – Manager-Ready Platform

Overview Baton Strategies is representing a specialized Government contractor with national reach and established relationships across Tier-1 agencies. The Company provides construction, environmental, marine/civil, and support services on mission-critical projects. This is a manager-led platform with the infrastructure, past performance, and contract access to support continued scale. Financial Profile: 2025 Revenue: $22.6M Normalized EBITDA (3-year weighted avg): $1.27M 2025 EBITDA: $1.46M Operating Momentum The business has entered 2026 at a higher operating level, with recent performance validating both execution capability and growth trajectory: *Major federal project delivering $4.1M revenue / $1M profit, finishing 4 months ahead of schedule with expected “Exceptional” CPARS rating *Existing infrastructure program expanded from $1.8M to $22.8M, demonstrating strong client relationships and contract scalability *Recently awarded a 5-year USACE MATOC ($10M-$20M annually), providing long-term access to recurring federal work *New awards with a multi-billion dollar industrial contractor, expanding into additional revenue channels Pipeline & Growth Visibility: *$32.2M in active 2026 bid/awarded pipeline *$76.6M in total identified opportunities (~1.4x 2025 revenue) *Additional $200M+ in longer-term tracked opportunities (3–5 year horizon) *Pipeline is actively converting into awarded work, with demonstrated ability to expand contract value post-award. Infrastructure & Operations: *Manager-Ready Platform: Established leadership team across four divisions (project management, field ops, admin) *Not Owner-Dependent: Day-to-day execution supported by internal bench *Manager-Ready Operations: Deducted $220K GM salary reserve from adjusted EBITDA, ensuring a turn-key, owner-independent transition. *Diverse Capabilities: Construction, environmental, marine/civil, and support services Investment Highlights: *Proven ability to win, execute, and expand federal contracts *Strong past performance (CPARS) driving repeat awards *Long-term contract access via MATOC vehicles *Demonstrated step-change in operating scale entering 2026 *Platform suitable for strategic or financial buyer Transaction Overview: *Asking Price: $4,300,000 *Structure: Stock sale, cash-free / debt-free *Transition: Ownership open to flexible transition support to ensure continuity