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Precision Climate Systems LLC

PRJ-ATLAS-01Due diligence

Project Atlas, Commercial Services in Southeast US. Last activity 6 h ago.

Read the CIM
Asking price
$7.20M
4.4x EBITDA
EBITDA
$1.65M
Current offer
$6.90M
Awaiting advisor
Diligence
33%
1 of 3 items done
  • Advisor Marcus Hale
  • Buyer Alex Mercer, NorthStar Search Partners LP, $2.85M verified funds
  • Seller Owen Keller

Next call: Project Atlas: working capital and seller note on the $6.9M offer, Sun, Nov 15, 10:00 AM

  1. Marcus HaleAdvisor

    Welcome to the Project Atlas deal room, Alex. Your watermarked CIM and the FY23 to FY25 PMA cohort retention schedule are live in the vault. Owen Keller (Founder) is also joined here for operational Q&A.

  2. Alex MercerBuyer

    Thank you Marcus and Owen. The 94.6% PMA logo retention and ServiceTitan job-costing discipline stand out. Could you clarify how chiller replacement pull-through quotes are priced relative to standard PMA labor rates?

  3. Owen KellerSeller

    Happy to share, Alex. PMA clients receive priority 4-hour emergency dispatch and a 10% preferred labor rate, while retrofit projects are bid at a targeted 38% to 42% gross margin with 50% upfront equipment deposits.

  4. Alex MercerBuyer

    Very clean working capital profile. Following Tuesday's management call, we have submitted our formal $6.90M Letter of Intent ($5.85M cash at close + $700K seller note + $350K earnout) in the Offers tab for your review.