Seeking Strategic Minority Investors – $11M Environmental Testing Biz (41% EBITDA Margin)

I’m an independent sponsor evaluating a profitable, mission-critical business in mold/lead testing, abatement, inspection, and disaster remediation. I'm looking for minority investors and advisors who are willing to team up and help me present a joint bid to existing management for a buyout. I have a preference for existing owners who would own a complimentary business and would like to diversify. The company serves landlords (100–2,000-unit portfolios) and childcare centers requiring compliance testing (lead/mold), abatement, or disaster remediation (water/fire damage). Recurring demand is driven by: - Municipal enforcement & expanding state mandates to test for mold/lead exposure - Tenant turnover/complaints - Proactive testing by property owners Key Highlights: - Location: Northeast (multi-state expansion opportunity) - Revenue: $7.3M (2023) → $9.3M (2024) → $11M (2025F, $4.3M YTD) - EBITDA: $3M (2023, 41% margin) → $3.8M (2024, 41% margin) - Customer Concentration: Minimal (largest client = 11% of revenue) Growth Levers: - Multi-state landlords requesting expansion into new markets - Recent large healthcare contract for air quality testing - Adjacent facilities management services opportunity Owners: Two operators seeking to roll 20% equity combined and remain for day-to-day leadership Ideal Partners: Seeking board members and strategic minority investors (open to varying check sizes) who can add value including: - Owners of healthcare chains, childcare centers, commercial real estate or property management portfolios - Executives from large-scale environmental testing/remediation firms - Franchise operators in trades or disaster restoration - Regional operators with environmental testing in different states