Commercial electrical contractors with union labor force?

by a searcher from Massachusetts Institute of Technology - MIT Sloan School of Management

6 months ago

Looking to chat with anyone who has bought or looked at commercial electrical contractors with union electricians. The company I'm looking at does ~$20mm in revenue and $1.2-1.6mm in EBITDA. Also curious on valuations once you get to this EBITDA/revenue range with contractors, is it the typical 3-4x SDE and 4-5x EBITDA?

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searcher from The University of Chicago - Booth School of Business

I did a deal several years back with a similarly sized division that was HV electrical & all union - happy to chat. Available via DM or --@----.com

6 months ago | like reply | 1 like

lender from Eastern Illinois University

Happy to have a discussion from a financing perspective as we have financed both electrical contractors as well as union businesses. There are some nuances you need to watch out for when buying an existing union business. Happy to discuss here or at --@----.com Good luck.

6 months ago | like reply | 1 like

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