Consolidation trend Apr 2016 Verified
Fragmented Mechanical Contracting Market Ripe for Consolidation
The presentation highlights ample room for industry consolidation in the mechanical systems solutions market, noting that smaller competitor deal multiples are in the 3x-5x EBITDA range. Limbach's strategy includes targeted M&A to expand geographic coverage.
“Ample room for industry consolidation – smaller competitor deal multiples in the 3 x – 5 x EBITDA range”
ElectricalHVACPlumbing Sentiment: Positive
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.