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Asset Recovery: Utilities Recycling

Scott Stepanik — October 25, 2013
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Financial Information

Revenue: $ 14,086,000
EBITDA: $ 3,300,000

Company Type: Asset Recovery: Utilities Recycling

Industry Sector: Services

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2012

Revenue $ 5,315,000 $ 8,109,000 $ 11,365,000 $ 13,950,000
Y=o=Y Growth [progress_bar] [item width=”0″ color=”blue”] [/progress_bar] [progress_bar] [item width=”53″ color=”blue”] [/progress_bar] [progress_bar] [item width=”40″ color=”blue”] [/progress_bar] [progress_bar] [item width=”23″ color=”blue”] [/progress_bar]
Gross Profit  $ 2,125,000 $ 3,229,000 $ 4,570,000 $ 5,099,000
Gross Profit Margin [progress_bar] [item width=”40″ color=”green”] [/progress_bar] [progress_bar] [item width=”40″ color=”green”] [/progress_bar] [progress_bar] [item  width=”40″ color=”green”] [/progress_bar] [progress_bar] [item width=”37″ color=”green”] [/progress_bar]
EBITDA $1,018,000 $ 2,251,000 $ 2,827,000 $ 3,293,000
EBITDA Margin [progress_bar] [item width=”19″ color=”sky-blue”] [/progress_bar] [progress_bar] [item width=”28″ color=”sky-blue”] [/progress_bar] [progress_bar] [item  width=”25″ color=”sky-blue”] [/progress_bar] [progress_bar] [item  width=”24″ color=”sky-blue”] [/progress_bar]

 

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Company Overview

Headquarters Location:
United States

Company Geographic Presence:
Western United States (AZ, CA, OR, WA, ID, NV, UT, CO NM, TX, OK, and KS)

Company Summary

The Company is a leading petroleum and metals reseller based in the Western US. The Company provides its services to the energy production industry covering a large geographic market area that encompasses the Western US and beyond. The Company works with various utilities seeking to get the most value out of their scrapped electrical equipment and is capable of disposing of most types of electrical equipment. It generates revenues and profitability from metals and oil brokering services, disposal services, site services, transportation services and analytical services.

The Company benefits from a high rate of customer retention and a diversified client base including private, municipal, and government utility companies, as well as metal scrap yards, equipment recyclers, and petroleum marketers. With its skilled workforce of 15 experienced professionals, the Company is very responsive to the needs of the power equipment recycling market in the Western US. The Company differentiates itself from its competition by its capacity to manage both the metal and oil recycling needs of its clients simultaneously which allows them to achieve high returns on the clients’ retiring electrical equipment. The principal stockholders of the Company are interested in entering discussions with potential acquirers and are seeking to remain active in the Company post transaction.

Growth Opportunities

The Company has developed a strong client base in the Western United States and is capable of servicing the needs of electrical utility clients as far north as the state of Washington and as far east as Kansas, Oklahoma and Texas. There are opportunities to grow within the states it currently serves and beyond. With increased sales and marketing efforts, the Company can expand its activities and client base to service electrical power clients in new territories. Another area of potential growth is in developing expertise in refurbishing equipment and selling it directly to end users.

Transaction Details

Preferred Transaction Types :
Buyout or Acquisition

Available Ownership Position:
Controlling

Management Transition:
Stay On (transition for 24 months)

Indication Due By: 03/30/2013

Industries:
Oil & Gas Refining
Asset Recovery

Company Sales Channel:
Direct Sales (B2B)

Company Offerings:
Sells Products, Sell Services

Company Sectors:
Energy & Utility

Company Capabilities:
Production, Consulting, Testing, Logistics.

Company Geographic Location:
US – Southwestern

Contact Details

Brian T Franco

Advisor: Brian Franco
Phone: 714.671.7868 x 102

[button icon=”icon-folder-close” size=”small” color=”light” url=”mailto:bfranco@meritage-partners.com”] EMAIL [/button]

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Buyer Information

To obtain further information regarding this business opportunity, please complete the fields below and click “Send”. You will be receiving a Confidentiality Agreement that we require before releasing additional information.

[contact-form-7 id=”1409″ title=”MP Client # MP93492BF”]

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