Florida-based specialty contractor that builds and rehabilitates sanitary sewer pump stations (lift stations) for public water and wastewater utilities. About 90% of revenue is from lift station construction, rehabilitation, and upgrades for county and city utilities. The balance is related work the same crews perform: pump station electrical and controls upgrades, stormwater pump station repairs, treatment plant maintenance, welding and fabrication, and emergency bypass pumping and repair when a station fails.
Work is won through agency prequalification and public procurement and then held through multi-year work-order contracts with renewal options, competitively bid projects, a design-build subcontract, and standing emergency-response work for a municipal utility. Florida’s piggyback rule lets other public agencies purchase off a contract the Company has already won, so one award becomes an opening into surrounding jurisdictions without a new bid.
The Company self-performs with its own crews, in-house welding and fabrication, and an owned equipment fleet.
In business for more than 25 years, it has worked for its principal county and city utility customers for well over a decade and, in more than a decade of holding county work-order contracts, has not lost one at renewal.
Revenue and net cash flow above are for the twelve months to June 30, 2026 (management-prepared, with net cash flow measured as Adjusted EBITDA). CPA-reviewed 2025 results were $19,162,000 of revenue and $6,044,000 of Adjusted EBITDA, and reviewed annual statements exist for every year from 2019 through 2025.
Investment Highlights
Operations and Transition
A self-perform field force organized in crews under experienced superintendents and foremen runs the work, supported by office and management staff. The founder-owner is ready to hand over the day-to-day management of the company and has committed to six months after closing to continue his current management role and hand it over.
His estimating role is separate from that period: he is willing to continue as the company’s estimator with no end date if he and the buyer work well together, and, as of 2026, two office staff assist in bidding.
Below the owner, a second-generation vice president and a senior field bench, each with decades in construction, run the field. The office, shop, and fabrication facility with its equipment yard is owned by the owner personally and is available by lease at market rent, on terms already offered, or by purchase.
The business suits a strategic acquirer in water and wastewater or utility construction looking for a Florida platform with contracted work and public-sector relationships, and a financial buyer looking for a defensible position with a documented earnings base.