Security
Active
Add-On: DFW, TX / Low-Voltage Security Integration / $544K FY2025
Texas, United States
Asking Price-
Revenue$4,990,000
EBITDA$544,000
Cash Flow$544,000
Description
Add-On Opportunity: Dallas-Fort Worth, TX Based / Multi-Family Low-Voltage Security Integration / $544K FY2025 Adj. EBITDA / 94% Retrofit Exposure / Growing Service & Subscription Base
Founded in 2019 and headquartered in the Dallas-Fort Worth metroplex, the Company is a full-service low-voltage technology integrator specializing in multi-family properties. It designs, installs, and supports access control, surveillance and CCTV, custom audio/video, intelligent-building, fire and life-safety, and structured-cabling systems.
The Company operates a design-bid-build model that engages developers and architects early in the project lifecycle. Its single-source capabilities span system design, equipment procurement, programming, testing, installation, and ongoing service. Systems are programmed and tested at the Company’s climate-controlled warehouse before field deployment.
Revenue is anchored by retrofit and modernization work, with limited new-construction exposure and a growing base of service and subscription revenue. The Company serves national multi-family owner-operators, developers, property managers, and commercial customers across Dallas-Fort Worth, Austin, and San Antonio.
Key KPIs
- **FY2025 revenue:** $4.85 million
- **FY2025 adjusted EBITDA:** $544,000
- **FY2025 adjusted EBITDA margin:** 11.2%
- **Revenue CAGR (FY2023-FY2025):** Approximately 18%
- **TTM July 2026 revenue:** $3.72 million
- **TTM July 2026 adjusted EBITDA:** $251,000
- **TTM adjusted EBITDA margin:** 6.7%
- **Change in revenue from FY2025 to TTM:** Approximately $1.13 million, or 23%
- **Largest-customer volume decline:** Approximately $1.2 million
- **Growth from all other customers:** Approximately $100,000, or 5%, in aggregate
- **Retrofit revenue:** Approximately 94% of classified invoiced sales
- **New-construction exposure:** Approximately 2% of classified invoiced sales
- **Service and subscription revenue:** $1.04 million, or approximately 28% of TTM revenue
- **TTM service revenue:** $766,000
- **TTM subscription revenue:** $278,000
- **Subscription growth:** Approximately 41% year over year for the first half
- **Geographic mix:** Approximately 80% Dallas-Fort Worth and 20% Austin-San Antonio
- **Active customers:** 69 during the TTM period
- **New customers:** 17 during the TTM period
- **Largest customer:** Approximately 45% of TTM income, down from approximately 60% in FY2025
- **Top-five customers:** Approximately 73% of TTM income, down from approximately 83% in FY2025
- **Employees:** Approximately 15-20, plus selective subcontractors
- **Service vehicles:** 12
- **Leadership:** Founder and operating leadership intending to remain after closing
Recent Performance
TTM revenue declined to $3.72 million from $4.85 million in FY2025, while adjusted EBITDA declined to $251,000 from $544,000. The revenue decrease was concentrated entirely in the timing and volume of projects from the Company’s largest customer, which generated approximately $1.2 million less revenue during the TTM period.
This was not a broad-based decline across the customer base. Revenue from all other customers increased approximately $100,000, or 5%, in aggregate. The Company also added 17 new customers, and its largest customer’s share of income declined from approximately 60% in FY2025 to 45% during the TTM period.
Adjusted EBITDA decreased alongside the reduction in project volume and related operating leverage. However, the underlying service and subscription business continued to expand. Service and subscription revenue reached $1.04 million, or 28% of TTM revenue, compared with approximately 18% in FY2024. Subscription revenue also increased approximately 41% year over year during the first half.
Strategic Fit
The Company represents an attractive add-on for a security, low-voltage, fire and life-safety, building-technology, or essential-services aggregator seeking greater density in Texas.
Business listed by
The Advisory IB
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