Thermal Engineering & Regulatory Compliance Services
The Company specializes in providing engineering and regulatory compliance services for applications involving combustion, waste treatment, energy recovery, emissions control, and related equipment. Services include process engineering, troubleshooting and operations support, regulatory compliance, emissions test management, and training. The Company’s primary markets consist of manufacturing (36% of 2018 revenue), consulting engineering (27%), government facilities (13%), remediation/waste management (13%), and pharmaceutical/medical devices (12%).
The Company operates from a 5,100-square foot office and warehouse facility, which is located in close proximity to an airport for convenient travel to clients. It is currently staffed by 6 full-time, non-union employees.
About the Business
Contact the Seller
* Broad Service Segment: The Company is equipped to provide a wide range of services to prospective clients. With its expertise in engineering and environmental consulting, it is not limited to providing one or two services. Service offerings include: remediation, regulatory compliance, process engineering, power systems engineering, Food and Drug Administration compliance and validation services, and expert witness services.
* Modest Ongoing Capital Investment Requirements: The Company does not operate in a capital-intensive environment. Management expects capital expenditures of only $4,000 to $5,000 per year going forward.
* Sustainability and Energy Audits: Although it has done limited work in the sustainability, energy audit, and climate change arenas to date, the Company’s skill set in thermal applications translates well into these areas, making for other opportunities given the right marketing and exposure.
About the Sale
- Reason For Selling:
Additional capital required to take the Company to the next level
The current owners are willing to remain with the Company during a transitional period to provide a smooth transition in ownership and training for young engineers.
- Seller Financing:
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