Potential Acquisitions · #299

High-Growth Solar EPC & O&M Contractor - $12.3M Rev, $2.3M Adj EBITDA in Cecil County, Maryland

Location

Cecil, Maryland

Category

Electrical and Mechanical > Energy and Petroleum

Asking price

$10,000,000

Description

Project Marvel is an opportunity to acquire a licensed solar installation, operations, and maintenance contractor serving the Washington D.C., Maryland, and Pennsylvania market. Founded in 2022, the Company scaled from $1.87M in revenue to $12.27M in 2025, a 556% increase, producing $2.3M in FY2025 adjusted EBITDA.Most competitors are one-crew installers or small shops; this Company is a fully built, licensed, 42-person platform (59 with contractors). A VP of Operations runs field deployment, client delivery, vendor relationships, and Operations & Maintenance. The VP holds the qualifications behind the Company's licensing, and is expected to stay beyond a sale. The owner's role is strategy and business development, fillable with a hired GM. On execution and licensing, a buyer acquires a platform, not a job.Revenue grew from $1.87M (2023) to $5.02M (2024) to $12.27M (2025), a 156% compound annual growth rate, on $4.83M of gross profit at a 39.4% gross margin. The pace has accelerated into 2026: through the first five months (January to May), the Company recorded $11.25M in revenue, nearly matching full-year 2025 revenue in five months and marking the strongest revenue pace in its history. The 2026 trajectory continues to compound off the 2025 base.Revenue spans three channels: residential solar (52% of 2025 revenue), commercial solar (43%), and an O&M service book (6%). O&M, covering preventive maintenance, monitoring, and repairs on installed systems, grew from $208K (2024) to $702K (2025). A signed preventive-maintenance contract covers over 50 commercial sites across multiple institutional portfolios, and such contracts typically renew and expand as portfolios grow.The advantages are structural. Licensing requirements across its operating states create a meaningful barrier to entry. Unlike competitors who rely on subcontracted labor, the Company runs a captive W-2 workforce, gaining scheduling control, quality, and margin retention. It also holds a 5-star rating across verified customer reviews including Google; praised for speed, communication, and pricing versus national chains. Demand in its core markets rests on state policy: each operating state carries aggressive renewable mandates that sustain commercial demand independent of federal credits, and projects that begin construction by July 4, 2026 retain federal ITC/PTC eligibility under current grandfathering rules.Growth to date used levers a new owner has not yet pulled. The Company scaled to $12.27M almost entirely on referrals, reputation, and owner relationships, without a structured sales or business development function, proof of real demand and a brand that sells itself. The most obvious lever is therefore pure upside: a new owner who builds an outbound commercial BD engine adds a growth motor to a business that already compounds without one. Other levers: expanding the high-margin O&M book across the installed base, geographic expansion into adjacent states, and residential maintenance subscriptions attached at point of sale.The $10,000,000 asking price reflects the Company's scale, growth, recurring revenue, and defensible market position. The business is SBA-eligible, and seller financing is available to a strong, well-capitalized buyer. A structured 90-day transition (30 days shadowing, 30 joint, 30 buyer-led) preserves continuity, with the management team in place.Project Marvel is a licensed, profitable solar platform with recurring service revenue, a defensible market position, a management team that stays, and triple-digit growth that continues to compound. A rare fit for a strategic acquirer, an independent sponsor, or an operator stepping into a built platform. Full detail and company identity are available under NDA.

Broker

Alex Zastre

Broker phone

604-358-2539

Source listing

https://www.bizbuysell.com/business-opportunity/high-growth-solar-epc-and-oandm-contractor-12-3m-rev-2-3m-adj-ebitda/2523306/

First seen

2026-09-13 18:29:31

Last seen

2026-09-13 18:29:31

Match

Red