Turnaround Opportunity for Commercial/Residential Plumbing Contractor

intermediary profile

October 10, 2024

by an intermediary from Wesleyan University in Needham, MA, USA

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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Reply by a searcher
from Cornell University in Cincinnati, OH, USA
Are you looking for a buyer or thoughts on the deal? If it's the latter, DM me to chat
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