Seeking to Acquire an MEP Engineering Firm from a Retiring Owner
We are operator-buyers with hands-on experience delivering Mechanical, Electrical, and Plumbing (MEP) engineering services across residential, commercial, and light industrial projects. Having worked inside both small boutiques and larger firms, we understand internal operations, QA/QC, permitting workflows, and client service. Our principal is a licensed PE, and we can assume/transfer the firm license to our Principal Engineer for a smooth transition. What we’re looking for (deal criteria): Owner profile: Retiring or planning a structured transition. Location: Texas or California preferred (flexible nationwide for the right fit). Size: Sub-$1M EBITDA (open to SDE-framed deals). Business profile: Permitting/design services, stable client base, low litigation exposure, clean financials, reasonable client concentration. Transition: Willing to stay 3–12 months for smooth handoff (flexible). Questions: 1. For sub-$1M EBITDA MEP services firms (TX/CA), what EBITDA or SDE multiples are you seeing close today (owner-dependent vs. more institutionalized ops)? 2. If you closed non-SBA in this niche, what capital stacks/lenders worked best? 3. Not many MEP firms are listed. Could anyone suggest the best tactics you’ve used to source off-market MEP opportunities? Thank you in advance for your insights and introductions!