Serving all major construction companies throughout Ireland, the company employs the most advanced equipment and state-of-the-art techniques to ensure precise and efficient cutting/drilling of concrete, asphalt, and masonry with a steadfast commitment to excellence and precision, this company is highly recognised as a trusted partner within the industry.
Key Aspects
• Over 40 years of experience, a leading service provider in core drilling, rock removal, wall sawing, and floor/road sawing operates with a scalable financial model, demonstrating stable, consistent profit margins and strong cash flows.
• 95% client retention rate and 50 active clients, the company is renowned for its reliability and ability to cultivate long-term relationships.
• Set to secure more large-scale rock removal contracts nationwide.
• Utilising the most advanced equipment, such as robotic demolition machines and fume-free electric machines, the company ensures innovation and expert services.
• Its agnostic-industry approach allows access to multiple market sectors, including retail, pharmaceutical, healthcare, commercial, and others.
• Boasting a highly skilled workforce, and professionally trained, the company consistently delivers first-class customer service.
Opportunities
• Rock removal is a critical service requiring specialised skills and advanced equipment. As a leading expert in the field, the company is well-positioned to capitalise on industry demand and expand with the growing construction sector.
• An acquirer with industry expertise, manpower, and resources would be well-suited to support expansion and scalability. A civil or structural engineering firm could enhance its services, integrate machinery, and achieve significant synergies.
• Operating at full capacity with a strong order book, the company has relied on repeat business rather than extensive marketing. However, significant potential exists for a business with a dedicated sales and marketing team to expand its reach and strengthen its presence across Ireland.
• An acquirer aiming for geographic expansion can capitalise on the company’s strong foothold in Munster and Connacht. This bolt-on acquisition offers advanced machinery, a solid reputation, and access to a range of diverse industries, making it an ideal growth opportunity.
• The National Development Plan 2021-2030 presents a key growth opportunity for this company, as rising infrastructure projects increase demand for cutting, drilling, and removal services across Ireland.
Turnover - €590k
Adj. EBITDA - €243k
