Capstone M&A is pleased to exclusively represent CMA115 (“the Company”) in the sale of its business. Founded in the mid1990s, the Company is a well established regional general contractor with a strong reputation for reliability, operational discipline, and longstanding client relationships. Serving a diverse mix of commercial, municipal, institutional, and industrial customers across the Midwest, the Company has built a defensible market position supported by decades of consistent performance. Ownership is open to flexible deal structures and transition support, offering buyers a turnkey construction platform with proven scalability and a strong operational foundation. 

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History & Brand Overview 

​CMA115 has developed a 30year legacy as a trusted general contractor known for predictable execution, quality workmanship, and dependable project delivery. The Company’s brand is rooted in longterm client relationships, repeat business, and a disciplined approach to managing complex construction environments. With multiple office locations supporting regional coverage, the Company has established itself as a goto partner for commercial, institutional, and public sector projects. 

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Market Position & Competitive Advantages 

CMA115 operates within the commercial and institutional construction markets, serving a broad range of industries including municipal, educational, industrial, and commercial sectors. A key certification provides a competitive advantage in public sector bidding, while the Company’s operational discipline and subcontractor network support consistent project execution. 

Key Differentiators Include: 

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Certification advantage supporting public sector competitiveness 

Strong repeat client base built on consistent, value driven results 

Proven ability to manage diverse subcontractor teams 

Technology enabled project management and quality control 

Reputation for predictable, on time project delivery 

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These strengths create a defensible niche within the regional construction landscape. 

Customer Base & Distribution Channels 

CMA115 serves a diverse mix of commercial and institutional clients across its regional footprint. The Company emphasizes longterm relationships and repeat business, supported by its ability to perform in active environments and meet demanding schedules. 

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Client Types Include: 

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Municipalities 

School districts 

Healthcare and institutional organizations 

Industrial facilities 

Commercial developers 

National retail and C-store chains 

This diversified customer base reduces concentration risk and supports recurring project flow. 

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Notable Clients & Project Experience 

The Company maintains longstanding relationships with respected institutional and commercial clients, including major universities, national retailers, industrial operators, and facility managers. These partnerships reflect the Company’s ability to execute complex projects, maintain job site discipline, and deliver consistent results. Repeat business from nationally recognized brands reinforces the Company’s reputation for reliability and operational excellence. 

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Services Overview ​​

CMA115 provides a full suite of general contracting services, including: 

Commercial construction 

Renovation and tenant improvement 

Facility maintenance services 

Project leadership from bid through closeout 

Design build capabilities (where applicable) 

Service Advantages: 

Strong subcontractor relationships 

Technology enabled project execution 

Experienced project leadership 

Scalable operational model 

Equipment & Assets 

The sale includes a comprehensive portfolio of construction equipment, vehicles, tools, and technology assets that support efficient project execution. The Company’s equipment base is well maintained and appropriate for its project mix, reducing capital expenditure needs for a buyer. 

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Operational Excellence 

CMA115’s lean internal structure is supported by a reliable network of qualified subcontractors, enabling the Company to scale efficiently without carrying excessive fixed overhead. This model protects margins during slower periods and enhances profitability during high volume years. 

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Operational Strengths: 

Experienced management team 

Safety focused culture 

Strong estimating and project tracking processes 

Scalable subcontractor model 

Financial Overview 

CMA115 has demonstrated the ability to scale revenue significantly when major projects are secured, while maintaining stable adjusted earnings across varying project cycles. 

Financial Highlights (Summary) ​

Revenue range: ~$9M – $29M over the past several years 

Normalized adjusted earnings: ~$850K average (multiyear) 

EBITDA margins: 4–8%, consistent with industry benchmarks 

Bonding capacity increased from $5M to $25M, enabling pursuit of larger projects 

Growth & Expansion Opportunities 

CMA115 is well positioned for continued growth across multiple strategic levers: 

Expanded public sector penetration leveraging certification 

Geographic expansion across Illinois and Missouri 

Growth in design build and maintenance service lines 

Enhanced digital marketing and portfolio visibility 

Technology investments to improve estimating and margin capture 

Increased utilization of existing Master Service Agreements 

These opportunities provide a clear path for scaling revenue and profitability. 

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Transaction Overview 

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Included in the Sale: 

Brand, goodwill, and market reputation 

Equipment, tools, and vehicles 

Project management systems and operational processes 

Customer relationships and historical project data 

Website and digital assets 

Office locations (subject to structure) 

Deal Considerations: 

Seller open to asset or stock transaction 

Transition support available 

Optional real estate component (sale preferred; leaseback considered) 

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