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Business Description

State-of-the-art environmental services firm, poised for unprecedented growth resulting from dramatic increase in government spending. Company offers three main services, all to the Federal Government through the Government Services Agency (GSA): 1) environmental compliance and remediation services (60% of revenues), 2) engineering consulting, including civil, mechanical and quality assurance services (20% of revenues) and 3) IT operations outsourcing (20%) of revenues focused specifically on installation services, data collection and data management relating to the GIS mapping software. Business is done based on multi-year contracts with both basic cost-plus and incentive payment clauses. The firm carries a backlog of roughly 70% of annual revenues, meaning it only needs to replace 30% of revenues annually to maintain steady state.

Distribution

NA (services are provided across the US)

Operational Strengths

This firm offers a multitude ofoperation strengths, many relating to the specialized nature of government contracting.

  • Excellent, long standing relationship with key customer decision makers
  • Established position relative to multiple varriers to entry (ie security clearances)
  • Highly expert, in-place work force, with ability to recruit additional as needed
  • Outstanding reputation derived from a history of superior performance
  • Established delivery partnerships, both up and down the chain (general & sub-contractors

The Transaction

Owner is seeking a two-phased exit plan: 1) a minority partner buy in now and 2) sale of the remaining 2-3 years from now.

Financial Information

Financial Summary

2009 Est. 2008 2007 2006
Revenue $ 15.5m $ 11.6m $9.2m $ 11.8m
Adjusted EBITDA $ 1.48m $ 1.31m $ .9m $ 1.1m

Other Highlights

Location Type of Financials
(audited, reviewed or compilation)
Management Team in Place Years in
Business
SIC
Classification
Colorado Audited Yes 22 7375, 7376, 8711

Contact Information

gottesman-co

Tom Emerling
Gottesman Company
3302 4th Ave. N., Ste 115 • Billings MT 59101
Phone (406) 655-4241 • Fax (406) 294-4243
www.yellowstonebusiness.com

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