We are the largest independent industrial electrical contracting company in the State of Mississippi. We install streetlights. Annual sales in $25mm range. Annual EBITDA in $3,000,000 range. 75 employees. Largest customers Mississippi Department of Transportation (MDOT) and Federal Aviation Administration (FAA). $40,000,000 backlog. Our lending group tried to take over company alleging non-monetary technical defaults (I.e. “late” reports that were delivered and accepted, etc.) All loan payments made on time. We obtained a preliminary injunction and just finished trial. Expecting to win. Asking $5,500,000 damages. I have bills to pay and we cannot use company funds until court decision. Looking for a partner to help out in exchange for an interest in this company. Negotiable terms.
Ready to Ask For Funding for your company?
Post a Funding Request