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Horizontal & Directional Drilling Contractor

Acquisition Opportunity - South

Horizontal and directional drilling Company capable of tackling large engineering projects for government and private entities like telecommunications, oil and gas explorations, in several states. Business is proud to take on challenging projects and finish them in a timely manner. Their prior decade of high efficiency, service, and knowledge has qualified the Company for many projects that many contractors are unable to win. The Company’s extensive industry experience combined with cost effective operations, allows them to be price competitive and qualify for jobs that only some of the largest drilling companies in North America can perform. Existing crew is well trained, and management would stay with the new owner. Year 2020 inflicted by Covid 19 showed a rapid decline in business activities. Next year was a reverse of fortune and showed tremendous growth expressed by revenue and income results. Right now, job orders exceed $15 million, which reflects business strength and stability. Owner would be available during the transition period and will stay longer if required.

Refer to Seller Number: S-3191-1 TS

Financial Summary
2022*20212020
Revenue$12.3M$10.8M$5M
EBITDA$5.5M$4.7M$0.7M
*Est by Seller
Other Highlights
FinancialsManagement Team in PlaceYears in BusinessSIC / NAICS
CompiledYes25+1629, 5082

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Drilling Machine on Soil

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