🔥$5MM EBITDA Commercial Services Co. For Sale
CHARLOTTE, NC / ACCESSWIRE / January 6, 2025 / Hillandale Advisors, a Charlotte, NC-based investment and advisory firm, has been engaged to manage the sale of an attractive commercial services platform in North and South Carolina, Project Rock.
Project Rock: High-Margin $5MM EBITDA Construction Management & Design Firm
Project Rock is a leading full-service construction management and architecture firm based in North Carolina, South Carolina, and Georgia. Project Rock has earned a stellar reputation over its 20-year history by delivering industry-leading profitability and exceptional client outcomes across diverse geographies and service lines.
Interested parties are encouraged to complete Investor Form here.
Key Investment Highlights:
Impressive Financial Performance: Project Rock anticipates 2024 sales of $12.9 million and EBITDA of $5.1 million, reflecting robust 30-40% EBITDA margins and 80% gross margins.
Diversified Service Lines: The company operates across three core areas:
Design - Architecture and Master Planning.
Planning - Engineering, Transportation, and Facilities.
Project Management - Construction, Program, and Site Management.
Attractive Geographic End Markets: With operations in Charlotte, NC (2.8 million population), Charleston, SC (900K), Columbia, SC (900K), Greensboro, NC (800K), and Savannah, GA (500K), Project Rock serves some of the fastest-growing metropolitan areas in the southeastern U.S.
Strategic Partnerships: Project Rock collaborates with industry giants like JE Dunn, AECOM, CBRE, and Samet, as well as trusted regional builders including Cumming, Elkins, and Gilbane.
Strong Backlog and Pipeline: The firm boasts a $50 million signed project backlog spanning key markets such as K-12, Healthcare, Higher Education, Government, and Airports. An additional $20 million in fees is being finalized, with $30-50 million under active negotiation.
With its asset-light model yielding 100%+ returns on capital deployed, Project Rock represents a rare opportunity for investors or strategic acquirers.
Interested parties are encouraged to complete Investor Form here and contact Matt@HillandaleAdvisors.com with other questions.
