Has anyone had personal experience with evaluating or acquiring a heavy engineering-centric business? Some examples we've come across are engineering consulting firms in the building mech-eng space and in the IT/Data Management/Tech Infrastructure Space... We've liked that there's decent barriers to entry as your reputation/brand becomes fairly influential in winning new contracts, and it doesn't seem to be that hard to find talent to scale, the revenue seems to come in lumps and not much is recurring... I suppose after previous ownership's lock-up period, they could come back into the space and start competing again as well...
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