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Buyside ADVISORY

Acquisition Target Search

Prepared for Design Precast & Pipe, Inc.
Pat Fore III (Founder/President/Owner) Precast Concrete & Pipe Manufacturing Gulfport, MS Est. 2004
Confidential — Prepared by Next Chapter M&A Advisory — March 2026
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Why Sell to Design Precast & Pipe

When Pat Fore III started Design Precast & Pipe in Gulfport, Mississippi, he wasn't working from a boardroom — he was on the yard, learning every pour, every form, every delivery route that built the company into what it is today. With two plants now running across the Gulf Coast in Gulfport and Arnaudville, Louisiana, and a team of 52 people who show up every day because they believe in the work, Pat knows exactly what it takes to build a precast company from nothing into a $15 million operation. He's not looking at your business as a line item on a spreadsheet. He's looking at it the way you do — as something you built with your hands, your name, and your word.

That's why a conversation with Design Precast feels different. Your crew keeps their jobs. Your customers keep the relationships they trust. Your name in the market doesn't disappear behind some corporate rebrand. What changes is what's behind you: a partner with patented Lifting Eye technology that's reshaping how the industry thinks about precast safety and efficiency, purchasing power that comes from running two plants and growing, and an engineering bench that can take on projects you might be turning away today. Pat isn't buying companies to flip them. He's building something that lasts, and he wants operators like you standing next to him while he does it.

If you've been thinking about what comes next — whether that's slowing down, unlocking some liquidity, or just finding a partner who actually understands this business — it's worth a conversation. No pressure, no bankers running the meeting, just one precast owner talking to another about what the future could look like together. Pat built Design Precast the same way you built yours: one job, one customer, one handshake at a time. That's exactly how he'd like to start this conversation with you.

Your Acquisition Criteria

Adjust these sliders to refine your acquisition search parameters. All changes are saved automatically.

Max Acquisition Price $8.0M
Min Target Revenue $2.0M
Max Distance from HQ (miles) 500 mi
Min Employee Count 10
Target Vertical
Preferred Ownership Type
10 of 10
Matching Targets
Estimated advisory fee at 2.5%: $200,000
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Targets We've Identified

These acquisition targets have been vetted against your criteria and ranked by fit score.

Target Name Location Est. Revenue Fit Score Status
The Shaddix Company Cullman, AL $3 - 6M 8.8 New
Permatile Concrete Products Various, SE US $8 - 15M 8.4 New
The Concrete Company Various, SE US $10 - 20M 8.3 New
The Precast Company Houston, TX $5 - 10M 8.1 New
Delta Industries (Gulf Coast) Gulfport, MS $5 - 10M 8.0 New
Southern Precast (Morvant) Raceland, LA $3 - 5M 7.9 New
Coastal Precast Systems Mobile, AL $3 - 6M 7.8 New
Georgialina Precast Augusta, GA/SC $4 - 8M 7.7 New
SI Precast Concrete Louisiana/Oklahoma $5 - 10M 7.6 New
Alfred Miller Precast Various, LA $8 - 15M 7.5 New
Acquisition Scoring Criteria — What to Look for in a Target

Key indicators we evaluate when scoring potential acquisition targets in the Precast Concrete & Pipe vertical.

▲ Top 5 Positive Indicators

Gulf Coast / Southeast Footprint +0.5x-1.5x
Targets within the Houston-to-Tallahassee corridor align with DPPI's existing logistics network and can be serviced from Gulfport or Arnaudville plants.
Pipe & Infrastructure Product Lines +0.5x-1.5x
Targets producing RCP, RCB, manholes, or stormwater products create immediate cross-sell opportunities and shared raw material purchasing leverage.
Retiring Owner / Succession Gap +0.5x-1.5x
Owners approaching retirement without a succession plan are the most motivated sellers — and most likely to accept operator-to-operator deal structures.
Municipal & DOT Contract Base +0.5x-1.5x
Pre-qualified vendor relationships with state DOTs and municipal utilities represent years of qualification effort and provide predictable project pipelines.
Custom Design-Build Capability +0.5x-1.5x
Targets with engineering teams that can handle custom precast work complement DPPI's own design-build strengths and expand the combined project scope.

▼ Top 5 Red Flags

Hurricane / Flood Zone Exposure +0.5x-1.5x
Gulf Coast plants in unmitigated flood zones carry catastrophic risk — insurance costs and production downtime from storms can erase years of profit.
Single-Customer Concentration +0.25x-1.0x EBITDA
If one contractor or municipality represents >30% of revenue, the business carries significant key-customer risk that could vaporize post-acquisition.
Owner-Dependent Operations +0.5x-1.5x
If the owner handles estimating, sales, and production management personally, the business cannot function without them during the transition period.
Aging Forms & Batch Equipment +0.5x-1.5x
Deteriorating forms and outdated batch plants require immediate capital injection post-close — $500K - $2M in hidden capex that compresses deal value.
Environmental Compliance Issues +0.5x-1.5x
Unresolved EPA or state environmental violations at production sites create hidden liabilities that can exceed the purchase price in remediation costs.
Your Buyer Strengths
1

Patented Lifting Eye technology (PF3 Global/DPPI patent) — proprietary IP in a commodity industry creates defensible competitive moat and margin premium that no competitor can replicate without licensing

2

Two-plant regional footprint spanning Houston TX to Tallahassee FL — dual manufacturing facilities in Gulfport MS and Arnaudville LA provide geographic coverage across the fastest-growing infrastructure corridor in the US

3

Exceptional product breadth with custom design-build capability — full-spectrum precast and pipe manufacturing (RCP, RCAP, RCB, manholes, lift stations, marine structures, custom work) makes them a one-stop shop for contractors

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How We Would Find Your Acquisition
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1
Target Identification & Pitch Prep
Week 1
  • 🎯 Target list built
  • 📊 Fit scores assigned
  • 📝 “Why Sell to Us” pitch
  • ✉️ Letters drafted
  • 💼 Owner research complete
Research already done — targets identified and scored
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2
Owner Outreach & Conversations
Weeks 2 – 4
  • ✉️ Letters mailed to owners
  • 📞 Follow-up calls
  • 💼 LinkedIn outreach
  • 📧 Email sequences
  • 💬 Initial conversations
Outreach to Shaddix Company, Permatile, The Concrete Company and 7 other targets
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3
Meetings with Interested Sellers
Weeks 5 – 7
  • 👥 Owner meetings
  • 📊 Financial review
  • 🔒 NDAs signed
  • 💰 Valuation analysis
  • ⚖️ Fit confirmed
Face-to-face with motivated sellers
4
LOI, Due Diligence & Close
Weeks 7 – 9
  • ✍️ LOI submitted
  • 🔍 Due diligence
  • 📝 Purchase agreement
  • 🏁 Close & integrate
  • 🎉 Deal done
You acquire a great business
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Fee Structure Options

Click on the option that works best for your acquisition search. Your selection is saved automatically.

Retainer Only
Pay-as-you-go search
Monthly Retainer
$5,000
Success Fee
2%
"Lowest commitment — ideal for exploratory searches"
Full Service
White-glove acquisition support
Engagement Fee
$15,000
Success Fee
3%
Includes
Monthly Reporting
"Full white-glove — we manage the entire acquisition process"

✓ Thank You, Pat!

Your acquisition search preferences have been saved. Look for an email in the next 24 hours with your engagement letter and the first batch of target dossiers.

Next steps: We'll begin outreach to your top-ranked targets immediately. You'll receive weekly status updates on every conversation.

This proposal is confidential and intended solely for Pat Fore III, Design Precast & Pipe, Inc.

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