ACT Capital Advisors is pleased to offer a Heavy Civil Marine Services Company for acquisition. The Company specializes in providing marine solutions in the harshest and most challenging environments. With a history of working on projects of all sizes, the Company has perfected a wide array of services including dredging, jetty and breakwater construction, pile driving, and environmental rehabilitation / restoration, amongst others.
The Company is heavily focused on public projects led by the Federal Government and the USACE. This has allowed the Company to grow both its revenue and its margin profile due to the high levels of certainty around payment and low risk of project cancellations associated with government work.
For YE 2024, the Company generated approximately $42 million in revenue and $15.6 million in Adj. EBITDA.