Specialty FRP Engineering & Inspection Company, 20-Year Florida Operator

Full Editorial Writeup

This is a Florida-headquartered specialty engineering and inspection firm focused on fiberglass reinforced plastic (FRP) solutions for highly corrosive industrial environments. With more than two decades of operating history, the Company has built deep expertise in non-metallic materials, material testing, investigative engineering, inspection, and pipe support systems. It positions itself as a cost-effective alternative to traditional metal materials for demanding applications, which is a meaningful edge in facilities where corrosion is a chronic, expensive problem.

Revenue of $6.8M is split across pipe support sales (72%), field services (19%), and engineering (9%), with $1.5M in cash flow and $1.294M in EBITDA. The customer base spans chlor-alkali, chemical processing, power, desalination, and metal/mineral processing plants, including several Fortune 500 accounts. Project footprint is national and international, with work completed across roughly 18 US states plus Canada, Chile, Mexico, the Philippines, Saudi Arabia, and Trinidad and Tobago.

What makes this notable is the combination of technical specialization and blue-chip client relationships in a niche most generalist competitors cannot serve. FRP engineering for corrosive service is a small, defensible corner of industrial infrastructure where reputation and track record win repeat work. The business leases its facility, so this is a clean operations-only sale with no real estate or heavy equipment inflating the multiple.