01
Commercial Construction
New construction, tenant improvements, design and installation, power distribution, switchgear, and lighting.
Confidential · For disclosed parties only · Do not distribute
15:6De 15:6Capital Advisory
Cleveland, Ohio
Private placement memorandum01 / 05
Acquisition opportunity · Est. 1980
An Established Commercial Electrical Platform
A 45+ year, management-run commercial electrical contractor serving the Cleveland market—with institutional scale and clear expansion pathways.
$21.0M
Annual revenue
$2.5M
Adjusted EBITDA
~12%
EBITDA margin
$15.0M
Asking price
6.0×
EBITDA multiple
Investment overview02 / 05
Investment thesis
Built for operating continuity
The company is a full-scale commercial electrical contractor with a substantial internal workforce, fleet, and equipment base. CPA-reviewed reporting supports approximately $21.0 million in annual revenue and $2.5 million in adjusted EBITDA.
The owner has no day-to-day operational duties. A licensed, engineering-trained successor manager is already in place, materially reducing owner-dependence risk.
Key highlights
- Four decades of operating history and market relationships
- Management-run platform with license continuity in place
- Approximately 80 W-2, non-union employees
- Approximately $10 million in bonding capacity
- Evenly diversified customer base with no significant concentration
- CPA-reviewed financial reporting
~80
Employees
$10M
Bonding
30
Trucks
Operating platform03 / 05
Capabilities
A mature, diversified commercial platform
02
Service & Maintenance
Commercial service calls, preventative maintenance, diagnostics, panel and service upgrades, and code corrections.
03
Specialty Systems
Low voltage, lighting retrofits, backup power, site lighting, equipment hookups, and machine wiring.
04
Sitework & Infrastructure
Underground electrical and conduit, site utility electrical, exterior power, and lighting infrastructure.
Transaction framework04 / 05
Transaction snapshot
Clear terms. Flexible real estate.
- Operating business
- $15.0M asking price
- Real estate
- 15,000 sq ft; sell or lease
- Facility appraisal
- Approximately $1.0M
- Equipment & sitework
- Approximately $1.0M
- Seller motivation
- Retirement / full exit
- Post-close support
- Consulting available
Growth opportunities
- Expand recurring maintenance and service agreements
- Add estimators and dedicated business development capacity
- Increase bonding capacity to pursue larger projects
- Enter adjacent geographies and customer verticals
- Pursue tuck-in acquisitions of smaller contractors
- Upgrade CRM, project management, job costing, and automation
Transaction notes
Real estate is available separately. The related wholesale electrical supply business is excluded. Final earnings, working capital, backlog, asset values, and transferability remain subject to due diligence.
Qualified acquirer profile05 / 05
Potential buyers
Multiple paths to strategic value
Strategic acquirers
Regional or national electrical contractors; MEP and facility-services platforms
Industry consolidators
Buy-and-build groups seeking a scaled, management-run operating platform
Financial sponsors
Private equity, independent sponsors, family offices, and search funds
Owner-operators
Experienced industry executives partnering with the in-place management team
Next step
Request a confidential conversation
Qualified parties may contact De 15:6 Capital Advisory to discuss fit, process, and access to additional information.
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