GOTTESMAN COMPANY &  Cooperating Intermediaries Seller Profile
United States, Canada & Europe Since 1985
America’s International Network of M&A Business Brokers

Acquisition Opportunity

Architectural and Engineering Firm

Business Description: Founded in 1895 as a one-man office this firm is now in its 123rd year of successful operations. They provide full service architectural plans, full building engineering plans such as structural, mechanical, electrical, IT systems and construction project management.

History: This firm has done building projects in North America, South America, Europe and more recently in Asia. It made its mark in history by building new factories out of concrete reinforced steel at a time when most commercial buildings were made of wood. Reinforced steel provided more open space, light and fire proof conditions which wood could not. This firm developed its own patent in 1902 and eventually constructed 19% of all factories in the USA by 1937 and by 1945 had constructed over 2000 such buildings worldwide. Their early clientele included GM, Chrysler, Ford and Packard. During WWI and WWII they built factories for bombers, anti-submarine vessels and tanks. This firm constructed over 400 buildings in the City of Detroit alone.

Operational Strengths: Moving into the future this firm has solid reputation in construction of hospitals, universities, industrial buildings, corporate offices, automobile factories, supplier factories and IT data centers. Their clientele today includes Mercedes-Benz, Lear Corporation, Ford, Chrysler, Dodge, Chevrolet, Nissan, Prudential Ins. Co., drug companies like the former UpJohn and Parke-Davis research labs – once the largest in the world (now owned by Pfizer), Karmanos Cancer Centers, Delta Dental, Goldman-Sachs, Walgreens, O-I Corp., Detroit Medical Center, U.S.Army Corp of Engineers and an upcoming brand new automotive assembly plant construction in Vietnam for VinGroup Inc. budgeted at $1.5Bn.

The Transaction: Owners are seeking a buyer for the entire company, but would also entertain those interested in majority or minority ownership stakes. They are open to competitive valuations and multiples that are in line with recent and similar transactions worldwide. The desired multiple is 1.5x average gross revenue for the last six years. Key executives and administration can stay on during the transition to maintain the current successful culture and clientele. As far back as 2013 and 2012 Gross Revenues stood at $13.3M and $19.5M respectively.

Financial Summary

  2018 Est.by Seller  2017 2016
Revenue $12.5M (billed) $11.06M $15.75M
Adjusted EBITDA $1.5M (Est. by seller)) $2.19M $2.06M

Other Highlights

Location Financials Management Team in Place Years in Business SIC Classification
USA Compiled Yes 123 8712 / 541310

Direct All Inquiries to:
Gottesman Company
Refer to:  S-1818 DGR
Tel: 212-330-8010     Fax: 646-434-4557
E-mail: office@gottesman-company.com

8/7/2018

Gottesman Company – 200 East 71st Street – New York, NY 10021 www.Gottesman-Company.com

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