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Vertically Integrated Manufacturer of Indoor Recreational Systems with $15.5 million EBITDA

February 14, 2018

The Company is the leading designer, manufacturer and installer of specialty recreational equipment. Customers include facility franchisees and independent owners in North America, South America, Europe, Asia, Africa and the Middle East. There is a $26 million backlog business consisting of 120 projects.

A complete single-source for design, production, installation and training, the Company offers exclusive colors, fabric and branding embellishments that serve to retain customers over time and generate repeat business from replacement parts.

The Company does not employ an active outward sales team, and business is won strictly through reputation, repeat customers and word of mouth. The addition of a dedicated sales team could further stock the pipeline.

The Company operates from a 95,000 square-foot facility and has a culture of continuous operational, product and service improvement.

Management expects revenue will continue to increase in tandem with an expanding backlog of orders. The Company has plans to add additional product offerings to its current portfolio. EBITDA is forecasted to rise in 2018 due to stable operating costs and ongoing top-line growth at improved gross margin rates.