This offering includes two entities that combine to operate as a national infrastructure restoration business. The company utilizes trenchless and non-invasive technologies to structurally restore pipes and sewer lines for clients across all industries with old or deteriorating structures. In addition, the company uses the same non-invasive technologies to provide restoration services to trash and linen chutes.
Key Aspects
• Over 25 years of operation in the industry
• Patent pending installation methods for the lining of vertical trash chutes in high-rise buildings
• Recently expanded marketing efforts in Florida with a focus on trash chute and vertical waste stack lining
• In the process of acquiring IP technology to inspect piping with drones that management estimates will increase revenue considerably
Opportunities
• Growth potential in existing market and expansion into new markets
• With the addition of new patented drone technology, the company can increase service offerings to expand earning potential
• Capitalize on the 2022 Infrastructure Law that will invest $50 billion directly towards projects related to water infrastructure and pipe repair
• Expand the geographic operational area to capture unrealized market share
Headquartered
• Northeast United States
Current Markets
• The company provides plumbing and chute restoration services to structures across all industries with a focus on the following sectors: commercial & industrial, government & municipal, military, high-rise & multi-tenant, hotel & leisure, and theme park & resorts.
Real Estate
• The company operates from two facilities totaling 16,000 square feet that are leased from an affiliated entity. The property is 1.5 acres of land, and there is room to grow at the current location.
Shareholder Objectives
• Both entities are fully owned by a single shareholder. The owner is open to various deal structures and is willing to stay on for a period of time to ensure a smooth transition to new ownership