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  "documentTitle": "Limbach Holdings | Investor Presentation Deck | 29 slides",
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  "authorName": "Limbach Holdings",
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  "presentationDate": "2025-03-01 00:00:00",
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      "text": "Consolidated Mechanical A Limbach Company",
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      "text": "Geographic Proximity: Attractive Operating Footprint; Supports ODR Strategy: Increased ODR Exposure, Attractive Customer Base; Attractive Business Model: Compelling Valuation & Structure; Capability Expansion: Value Creation Opportunities, Emphasis on Healthcare Sector; Other: Cultural Fit",
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      "text": "The acquisition expands Limbach’s reach into Kentucky, Illinois, and Michigan, while Consolidated Mechanical’s Western Michigan presence complements existing operations in the state's Southeast. Significant share of revenues are owner-direct in nature, with a robust mix of time and materials and cost-reimbursable revenue streams focused on repair, maintenance, and retrofit activities. Total consideration paid by Limbach at closing was $23 million (subject to typical working capital adjustments), sourced from available cash, with performance-based, contingent earn-outs totaling $2 million. Strong relationships with key customers extends Limbach’s reach into the industrial sector, with new exposure to the power generation, food processing, manufacturing, and metals markets. Consolidated Mechanical is expected to contribute annualized revenue of approximately $23 million beginning in 2025, and EBITDA of $4 million per annum.",
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      "text": "Pillar #3 - Recent Expansion Transaction - Closed December 2nd, 2024",
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