Professional
Added to YB: 2025-01-27
Pitch date: 2025-01-23
LMB [bullish]
Limbach Holdings, Inc.
-32.56%
current return
Author Info
No bio for this author
Company Info
Limbach Holdings, Inc. operates as a building systems solution company in the United States. The company operates through two segments, Owner Direct Relationships and General Contractor Relationships.
Market Cap
$917.6M
Pitch Price
$105.99
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
1.49
Sector
Construction and Engineering
Category
growth
Greystone Capital Management Portfolio Holding: Limbach Holdings, Inc.
LMB: Strong 2024 performance with ODR segment +20%, gross margins +1000bps, EBITDA margins +500bps, adj EBITDA doubled. FCF used for accretive acquisitions at 3.75x EBITDA. $38M spent on Kent Island & Consolidated Mechanical, adding $8-10M EBITDA in 2025. Potential for 3-4 acquisitions/year. Organic growth & margin improvement expected.
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