15 year old company provides overhead crane new installation, services, and periodical inspection. Has 2-3M revenue, 200k to 450k ebitda, 8-12 headcount, 30-40% re occurring business, rest are project based revenue. Seller expecting 5-6x ebitda. I couldn't find any data on multiples for overhead crane installation, Inspection & service companies. I did find the BVR data on crane manufacturer, which may not be a right comparison. Has anyone evaluated a company like this. I appreciate all the suggestions.

I did listened to the podcast on "Operating in the crane business" by Alex. This helps to understand the business.

A rollup happened in this industry for the past 5 years by Crane 1 which has 220 technicians and recently bought out by L Squared Capital Partners. Crane 1 offers OSHA-mandated inspections, maintenance, repair, design and installation of overhead crane systems and below-the-hook lifting devices.