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SC-2026-28

Confidential

Commercial Cladding, Framing & Fireproofing Platform

SOUTHEAST U.S. • MULTI-STATE FOOTPRINT

A founder-led commercial construction platform with nearly four decades of operating history, delivering exterior cladding (stucco, EIFS, weather barrier and stone), metal stud framing, drywall and structural fireproofing to developers and general contractors across a multi-state Southeast footprint. Three integrated operating units share cross-trained labor, an in-house quality model, and a deep base of repeat commercial customers.

Combined revenue

$13.6M

Across three units

ADJUSTED EBITDA

$425K

Pre-segment ramp

OPERATING HISTORY

35+ Years

Founded late 1980s

WORKFORCE

125 People

60 W-2 + ~65 contractors

MULTI-DECADE OPERATING HISTORY WITH DEEP CUSTOMER REPEAT

Nearly 40 years of continuous operation in commercial construction, with a high concentration of repeat developer and general-contractor customers. Long-tenured relationships, an established regional reputation, and an entrenched bidding profile create defensible win rates against transient competitors in metal stud, drywall and exterior cladding scopes.

INTEGRATED THREE-UNIT PLATFORM WITH SHARED LABOR MODEL

Three integrated operating units - exterior cladding & framing, manufactured stone, and structural fireproofing share a cross-trained labor pool, project management team, and quality control infrastructure. Cross-allocation of W-2 craft labor across units improves utilization, smooths revenue cyclicality, and supports bundled scope wins on larger commercial projects.

IN-HOUSE QUALITY MODEL & W-2 CRAFT WORKFORCE

Founder-led shift away from piecework subcontracting toward an in-house, cross-trained W-2 workforce delivers superior finish quality, talent retention, and brand differentiation versus the broader 'fly-by-night' competitive set in metal stud and drywall. Approximately 60 full-time W-2 employees supplemented by ~65 contractors provide flex capacity without sacrificing quality control.

FIREPROOFING SEGMENT RE-IGNITION WITH HIGH-MARGIN BACKLOG

The structural fireproofing unit was previously paused and is now in active re-ramp with a meaningful contracted backlog. Management projects $1.0M–$1.5M in segment revenue in the coming year at 35–40% gross margins - a high-margin recurring contributor that materially upgrades blended platform economics as it scales.

NEAR-TERM EBITDA STEP-UP THESIS

Combined adjusted EBITDA is currently ~$425K on $13.6M revenue, with management projecting a step-up to roughly $1.0M–$1.2M within 1-2 years as the fireproofing and stone segments scale to ~$1.5M each at higher margins. The path to materially expanded EBITDA is supported by an existing platform, in-place labor, and a re-engaged backlog rather than greenfield investment.

SERVICE LINES

  • Stucco, EIFS & Exterior Weather Barrier Systems
  • Manufactured Stone, Thin Brick & Wood Cladding
  • Window Setting & Exterior Cladding Integration
  • Metal Stud Framing & Commercial Drywall
  • Cementitious, Intumescent & Fiber Spray Fireproofing
  • Local General Contracting on Select Projects

Customer profile

  • Commercial Developers & General Contractors
  • Mid-Rise Hotel & Hospitality Projects
  • Retail & Mixed-Use Strip Centers
  • Higher-Education & Institutional Campuses
  • Repeat Customers from Multi-Decade Relationships

Financials & Performance

Revenue Stability

85% recurring maintenance base

Market Position

Industry certified provider

Operational Efficiency

Skilled field team & equipment

Ownership Structure

STRATEGIC PARTNERSHIP FOCUS

Partial liquidity sought - founder committed to long-term operating role

Founder-owner is seeking partial liquidity to "take some chips off the table" while remaining actively engaged in the business for at least another five years as the platform's top sales producer and lead trainer for the next-generation operating bench. Open to growth recapitalization, minority investment, or strategic partnership structures with sponsors experienced in commercial construction services, multi-trade roll-ups, or specialty contractor platforms.

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Annual Revenue

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Annual Ebitda

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