Civil Engineering and Consulting Company
Mississippi, US, ID 289643
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Description
Civil engineering and consulting firm for sale in Mississippi with 33 years of operating history. The company provides civil engineering design and construction administration services for commercial and residential development projects.
Business profile
- 33 years in operation
- Civil engineering design
- Construction administration
- Commercial development projects
- Residential development projects
- Active project pipeline
Market area
The company is located between two of Mississippi's largest cities and serves three coastal counties.
The seller reports continued development activity within the service area. Buyers should independently review current construction activity, permitting trends and regional project demand.
Clients and projects
The firm has developed relationships with construction companies and project developers operating both within Mississippi and elsewhere in the United States.
Current work includes multiple active commercial and residential development projects. Buyers should review the backlog, work in progress, remaining contract value and expected completion dates for each material project.
Operations
The business combines engineering design work with construction-phase administration, allowing it to remain involved with projects beyond the initial planning and design stage.
A buyer should determine how client relationships, project approvals and technical responsibilities are currently divided between the owner and other members of the engineering team.
Transition
The owner is willing to remain involved for an extended transition period and assist with client introductions.
The duration, compensation and responsibilities associated with this transition should be documented as part of the transaction.
Growth
- Add engineering and project-management staff
- Take on additional commercial developments
- Expand residential development work
- Develop additional contractor and developer relationships
- Expand into nearby geographic markets
Due diligence
Buyers should verify historical financials, customer concentration, backlog, work in progress, accounts receivable, contract terms, project profitability, employee compensation, professional liability coverage and any outstanding project or warranty obligations.
Engineering firm authorization, professional engineer licenses, seals, project contracts and client approvals may be subject to Mississippi and other state requirements and should not be assumed to transfer automatically with ownership.
Details
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