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Provider of Underground Utility Locating

Acquisition Opportunity - Texas

Founded in 2005, this Company has been successfully providing underground line locating services, on an outsourced basis, for over 60 customers annually that include utility, industrial and oil & gas customers (drilling, pipeline, midstream) throughout Texas and New Mexico for 18 years. The Company is well recognized for the highest quality of services as reflected by its 0 line strikes in the past 10 years (compared with competitors that report multiple underground line strikes each year) since its proprietary process was implemented. Outsourcing this service to this Company allows customers to focus on their core competencies.

The law requires anyone that wants to dig underground to go thru the State’s 811 system (via phone or online) in order to have underground utilities/assets in the digging zone identified before digging begins. The law requires that any entity owning any kind of underground infrastructure in the digging zone to mark their underground infrastructure above ground via colored paints and flags, within 48 hrs. of being notified by an 811 digging ticket system (the 811 State system has maps of all underground utilities and matches locations of underground assets with digging zone requests).  This company provides this unground utility locating service.

Refer to Seller Number: S-2432-34 DBN

Financial Summary
Other Highlights
FinancialsManagement Team in PlaceYears in BusinessSIC / NAICS
CompiledYes181389, 4939

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