The Business

- Based in the Western US (Arizona focus)

- Owner is ready for succession and is willing to stay on as a part of the transition

- Respected middle management

- Employee longevity

- Quality and diverse customer base

The Industry

- Commercial and/or institutional customers

- Stable, non-cyclical industry

- Demand trajectory of the industry is sizable and growing

- Fragmented competitive landscape with no clear dominant players

- Sustainable, defensive market position

The Financials

- Annual revenue of $4 million to $10 million

- Steady year-over-year growth and profit

- EBITDA margin of at least 15%

- Low CAPEX and working capital requirements