The Company specializes in groundwater decontamination. Its revenue by service is environmental cleanup, well development and drilling (90%) and geotechnical water wells (10%). Top 10 clients represent 56% of revenue with the largest being 11%. The revenue by industry is military (30%), 0il and gas cleanup (30%), private industrial (20%) pots and airports (10%) and Geotech water wells (10%).
The Company offers a broad range of E & G drilling services, including soil sampling, well installations, well destructions, well development, direct push technology, close confinement drilling, potholing, utility clearance, sonic drilling and more. Growth over the last five years has been driven by an extensively trained workforce, state-of-the-art machinery, competitive pricing, rapid bid turnaround and a diverse portfolio of strong commercial relationships. Customers are environmental consulting firms.
A fleet of vehicles, rigs and machinery with a book value over 12M is included.