PROJECT ATLAS
Environmental Services Platform Acquisition | Southern California
TurnKey Home Enterprises is pursuing the acquisition of an established Southern California environmental services business specializing in hazardous materials abatement, environmental remediation, and specialty demolition with meaningful operating scale, attractive earnings, and platform potential.
Seller asking expectation: $18M–$20M. TurnKey and its financing partners are evaluating the acquisition framework around a 4.0× EBITDA framework ($16M).
* Note: EBITDA and financial metrics remain preliminary and subject to third-party quality of earnings (QoE) analysis, verification, and definitive negotiation.
An Established Business. A Scalable Platform.
Project Atlas represents an opportunity to acquire an established, profitable environmental services operator and establish a scalable platform for organic expansion and strategic acquisitions across environmental remediation, hazardous materials services, specialty demolition, and complementary industrial services.
Established Scale
Approximately $36M in annual revenue, multi-decade operating history, and a field workforce of 100+ skilled non-union personnel in Southern California.
Specialized Services
Comprehensive capabilities in asbestos abatement, lead hazard mitigation, mold remediation, hazardous waste management, and selective structural demolition.
Operational Continuity
Contemplated transaction structure combining deep field leadership, key management retention, seller equity rollover, and experienced executive leadership.
Platform Expansion
Strong market position providing a foundation for geographic rollout, service line broadening, margin optimization, and disciplined add-on acquisitions.
Premier Southern California Environmental Services Operator
The Target is a leading regional specialty contractor providing mission-critical hazardous materials abatement, environmental remediation, and selective structural demolition services.
Core Service Lines
Hazardous Materials Abatement
Asbestos containment and removal, lead paint mitigation, mold and biohazard remediation across commercial, educational, healthcare, and public infrastructure facilities.
Environmental Remediation
Soil remediation, site decontamination, industrial cleaning, and hazardous chemical spill response under stringent state and federal environmental guidelines.
Specialty & Selective Demolition
Interior strip-outs, structural interior dismantling, architectural salvage, and hazardous material removal integrated with general contractor schedules.
Key Operational Strengths
- Established Southern California operational footprint with regional coverage.
- Comprehensive environmental remediation, hazardous abatement, and demolition licenses.
- Skilled, non-union field staff of 100+ experienced technicians and project managers.
- Long-standing commercial, institutional, municipal, and general contractor relationships.
- Established business development and estimating capabilities across commercial and institutional bids.
- In-house safety & compliance department with exemplary regulatory track record.
Strategic Southern California Location: Operating across Southern California with an established field footprint.
Disciplined Acquisition Economics
TurnKey and its capital partners are evaluating the acquisition using an earnings-based valuation framework designed to balance purchase price, debt serviceability, investor return targets, and long-term operating flexibility.
4.0× assumed Working EBITDA of $4.0M
Implied valuation range $12.0M–$16.0M based on $3.0M–$4.0M Working EBITDA assumption
Equivalent to ~4.5×–5.0× Working EBITDA of $4.0M
Current preliminary asking guidance communicated by seller representatives
Valuation Discussion Milestone
TurnKey and its capital advisors are conducting structured valuation discussions with seller representatives. The objective is to establish mutually aligned transaction economics prior to executing a definitive Letter of Intent (LOI) and commencing full third-party Quality of Earnings (QoE) diligence.
Institutional Financing. Sponsor-Led Equity.
The proposed acquisition structure combines senior debt, seller equity participation, institutional co-investment, and sponsor-side investor equity to align all transaction participants around long-term platform growth.
Indicative Sources & Uses Summary
* Note: Capital structure and allocations remain indicative and subject to final purchase price, verified EBITDA, debt underwriting, seller rollover agreement, and investor commitments.
Building a Scalable Environmental Services Platform
TurnKey's value-creation roadmap focuses on combining operational enhancements with disciplined buy-and-build expansion to compound enterprise value post-close.
Pillar 1 — Organic Revenue Growth
Expand existing commercial and municipal customer relationships across Southern California, improve business development pipeline visibility, optimize project bidding and conversion analytics, and expand digital brand positioning and thought leadership.
Pillar 2 — Operational Excellence
Implement institutional financial reporting and job-costing management dashboards, analyze project-level gross margin profitability, streamline working-capital cycles, and capture operational efficiencies across fleet and field procurement.
Pillar 3 — Strategic Acquisitions
Execute disciplined tuck-in acquisitions targeting regional operators in complementary remediation, hazardous materials abatement, industrial cleaning, decontamination, selective demolition, and environmental consulting services.
Pillar 4 — Institutional Infrastructure
Establish professional financial oversight, standardized KPI tracking, disciplined capital allocation, management accountability frameworks, and repeatable post-acquisition integration playbook.
$50M+ Strategic Platform Horizon
Project Atlas provides the immediate operational scale (~$36M annual revenue) required to execute a systematic growth campaign targeting $50M+ in annual revenue through organic market share gains and strategic add-on acquisitions.
Current platform scale with established Southern California footprint, 100+ non-union technicians, and steady multi-decade commercial customer base.
Enhance bidding software, expand sales coverage into high-margin industrial & healthcare sectors, and improve field management productivity.
Integrate 1–2 strategic tuck-in acquisitions in adjacent geographies (e.g. Central Valley, Bay Area) or complementary service verticals.
Sponsor-Led. Operator-Focused. Institutionally Supported.
TurnKey Home Enterprises is an operator-led acquisition and investment platform focused on acquiring, strengthening, and scaling established essential-services businesses.
TurnKey Home Enterprises
Operator-led acquisition and investment platform responsible for transaction origination, capital formation, transaction coordination, strategic oversight, and long-term platform development.
Proposed Chief Executive Officer
A proposed operating executive with extensive environmental and abatement industry experience would lead day-to-day operations, integration, and the transition to management-led execution. Identity disclosed after NDA.
Legal & Transaction Advisory
Experienced legal and transaction advisors support TurnKey on transaction structure, diligence, and governance.
Institutional Financing Partner
Providing an indicative acquisition financing framework and participating in ongoing discussions. Identity disclosed after NDA. No financing commitment is represented.
Business Continuity & Transition
Potential continued involvement of existing ownership and management, including contemplated seller equity participation, to support operational continuity.
* All proposed management arrangements, advisory roles, and capitalization participation remain subject to definitive agreements.
Investment Review Process
Equity Investment Opportunity: TurnKey is engaging qualified capital partners regarding participation in the proposed acquisition.
Preliminary Review
Review the anonymized preliminary investment overview.
Investor Qualification
Confirm investment criteria, potential check size, decision-making authority, and transaction timeline.
Confidentiality Agreement
Execute an NDA before receiving sensitive target information.
Detailed Investment Materials
Qualified investors receive access to the detailed transaction memorandum and authorized diligence materials.
Investment Discussion
Schedule a structured discussion regarding financing, diligence, investment terms, and timing.
Indication of Interest
Interested investors may submit a preliminary, nonbinding indication of interest.
REQUEST AN INVESTMENT DISCUSSION
Qualified investors interested in Project Atlas may request a confidential discussion with TurnKey Home Enterprises regarding the proposed acquisition and potential equity participation.