This company represents an opportunity to acquire an established, scaled manufacturing and recycling platform serving Southern Nevada and surrounding Western markets. The Company combines approximately $15 million of annual revenue, meaningful adjusted EBITDA, an established customer base, available production capacity, and multiple opportunities for a strategic acquirer to accelerate growth and improve operating efficiency.
This opportunity offers several characteristics particularly attractive to a strategic acquirer.
The Company combines an established regional presence, broad product capabilities, responsive customer service, experienced operating personnel, and available production capacity with a business that has historically operated with limited formal sales infrastructure. These attributes provide a buyer with an existing operating platform while preserving opportunities to create incremental value through commercial expansion, purchasing leverage, improved capacity utilization, automation, and integration with complementary operations
The company is being offered at $14.5M inclusive of $2M of inventory and working capital.
Based on the selected weighted adjusted EBITDA of approximately $2.58 million, that operating component equates to approximately 4.85x adjusted EBITDA.
The final purchase agreement must define the exact current assets and liabilities delivered at closing.