How we got $22.2M
Based on its 63 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
ADG Blatt is an architecture, interiors, program management and urban planning firm in Oklahoma City. The pages do not describe its specific client base in detail.
From the company's website. Industry: Engineering & architecture.
Estimated value over time
▲ 30% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 63 | $14.3M |
| 2020 | Form 5500 | 65 | $14.8M |
| 2021 | Form 5500 | 53 | $12.0M |
| 2022 | Form 5500 | 55 | $12.5M |
| 2023 | Form 5500 | 60 | $13.6M |
| 2024 | Form 5500 | 58 | $13.2M |
| 2025 | Form 5500 | 63 | $14.3M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ADG PC this business | $26.3M | — |
| Evolve Products Oklahoma City | $2.0M | 0.0 mi |
| Emsco Solutions Oklahoma City | $2.0M | 0.1 mi |
| Brightbit Oklahoma City | $2.0M | 0.2 mi |
| TAP DESIGN MANAGEMENT LLC Oklahoma City · 2 employees | $722K | 0.2 mi |
| i-Monitor Oklahoma City | $2.0M | 0.2 mi |
| MA+ ARCHITECTURE Oklahoma City · 27 employees | $10.0M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 63 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $21.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.6M |
| Estimate: the two combined (geometric mean) | $26.3M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $3.5M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $22.2M |
| Multiple for this size and industry | 6.3× |
| Value range | $11.7M – $30.4M |
| Revenue range | $17.3M – $30.0M |
| EBITDA range | $2.3M – $4.0M |
| Industry (NAICS) | Architectural Services (541310) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Leadership
- TBTony BlattPartner · Company website · source
- JWJC WitcherPartner · Company website · source
- JBJulie BlattPartner · Company website · source
- AHALISON HEASLEYDirector of Architecture, OKC Studio · Company website · source
- TZTim ZajacDirector of Architecture, Edmond Studio · Company website · source
- SDScott dedmonDirector of Design · Company website · source
- JSJohnathan SotoBIM Manager · Company website · source
- ADAngie DickersonDirector of Interior Design · Company website · source
- MDMelanie DraperDirector of Program Management · Company website · source
- AKAJ KirkPatrickDirector of Urban Planning · Company website · source
- MSMike SottongDirector of Landscape Architecture · Company website · source
- BBBillie BakerSigned for the company · 2022 retirement-plan filing (Form 5500)
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $1.1M | 63 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Adg PC
Adg PC is an engineering & architecture company in Oklahoma City, Oklahoma, in business since 1998. It is owned by Jason Cotton (President/CEO). Its estimated annual revenue is about $26.3M, with roughly $3.5M of EBITDA. It has about 63 employees. Its estimated business value is $22.2M (likely range $11.7M–$30.4M).
Common questions
- Who owns Adg PC?
- Adg PC is owned by Jason Cotton (President/CEO), according to public sources such as the company's website or filings.
- How much revenue does Adg PC make?
- SeeBITDA estimates Adg PC's annual revenue at about $26.3M (likely between $17.3M and $30.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Adg PC worth?
- About $22.2M, roughly 6.3× its estimated EBITDA of $3.5M, typical for a engineering & architecture company its size. Likely range: $11.7M–$30.4M.
- How many employees does Adg PC have?
- About 63, from its 2025 retirement-plan filing.
- When was Adg PC founded?
- Adg PC has been in business since 1998.