Turnaround Opportunity for Commercial/Residential Plumbing Contractor

by an intermediary from Wesleyan University

5 months ago

Hi Searchfunder community, 

We're working with a boutique sell-side bank that wanted to assess the market for a quasi-turnaround situation in which a $24m revenue plumbing contractor that had previously done ~$3m in EBITDA has declining margins largely due to increasing COGS. It is down to only ~$0.3m in EBITDA as of the latest TTM period, but has had decent revenue stability. Company is based in the Tri-State area. 

Happy to make an intro to the banker here / curious to get anyone's thoughts or questions. 

Best.
Andrew

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searcher from Cornell University

Are you looking for a buyer or thoughts on the deal? If it's the latter, DM me to chat

5 months ago | like reply | 0 likes

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