Air Systems and Pump Solutions, L.L.C.
How we got $7.9M
Based on its 23 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Air Systems and Pump Solutions (ASPS) Oklahoma sells, rents, services and repairs industrial air compressors and related air systems, and distributes parts and accessories, serving customers in Oklahoma.
From the company's website. Industry: Industrial Machinery and Equipment Merchant Wholesalers.
Customers & suppliers
Customers
- Department of the Air Force · federal contracts $522K
Suppliers & brands
- Ingersoll Rand · brand it sells or installs
- Atlas Copco · brand it sells or installs
- Kaeser · brand it sells or installs
- Gardner Denver · brand it sells or installs
- Sullair · brand it sells or installs
- Paxton Products (an ITW company) · brand it sells or installs
- Powerex · brand it sells or installs
- Sauer Compressors USA · brand it sells or installs
- Deltech (an SPX brand) · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- ACKERMAN MCQUEEN INC · Oklahoma City, 10 mi · $70.0M
- ROBYN HOLDINGS, LLC · Oklahoma City, 9 mi · $23.9M
- SAXUM STRATEGIC COMMUNICATIONS LLC · Oklahoma City, 10 mi · $18.4M
- FMG NORTH TEXAS, LLC · Norman, 31 mi · $13.8M
- INSIGHT CREATIVE GROUP, INC. · Oklahoma City, 10 mi · $11.8M
- GULFPORT ENERGY CORPORATION · Oklahoma City, 3 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 4 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 9 mi · $711.4M
- T/J INSPECTION, INC. · Del City, 13 mi · $651.7M
- CIRCLE 9 RESOURCES LLC · Oklahoma City, 11 mi · $557.6M
Estimated value over time
▲ 2% 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
▲ 9% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 23 | $17.7M |
| 2020 | Form 5500 | 21 | $16.2M |
| 2021 | Form 5500 | 23 | $17.7M |
| 2022 | Form 5500 | 27 | $20.8M |
| 2023 | Form 5500 | 24 | $18.5M |
| 2024 | Form 5500 | 25 | $19.3M |
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 |
|---|---|---|
| AIR SYSTEMS AND PUMP SOLUTIONS, L.L.C. this business | $26.9M | — |
| OKY INVESTMENTS INC. Edmond · 4 employees | $3.6M | 0.8 mi |
| THE WAXX ROOM LLC Edmond · 7 employees | $6.3M | 1.2 mi |
| BOD PROPERTIES LLC Oklahoma City · 3 employees | $3.6M | 1.3 mi |
| HYDRAULIC SPECIALISTS, INC. Oklahoma City · 10 employees | $8.5M | 2.1 mi |
| MATRIX MATERIAL HANDLING, INC. Oklahoma City · 11 employees | $9.5M | 3.2 mi |
| WELLCADDIE LLC Edmond · 11 employees | $10.9M | 3.3 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $20.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $27.5M |
| Estimate: the two combined (geometric mean) | $26.9M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.8M |
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 | $7.9M |
| Multiple for this size and industry | 4.3× |
| Value range | $4.2M – $10.9M |
| Revenue range | $17.7M – $30.7M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Industrial Machinery and Equipment Merchant Wholesalers (423830) |
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
- RCRandal C. DavisSigned for the company · 2024 retirement-plan filing (Form 5500)
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $420K | 23 |
| 1/26/2021 | second | $331K | 23 |
2 locations
| 14908 SANTA FE CROSSINGS DR | Edmond | This listing |
| 1119 N 105th East Pl | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Air Systems and Pump Solutions, L.L.C.
Air Systems and Pump Solutions, L.L.C. is an industrial machinery and equipment merchant wholesalers company in Edmond, Oklahoma, in business since 2007. Its estimated annual revenue is about $26.9M, with roughly $1.8M of EBITDA. It has about 25 employees. Its estimated business value is $7.9M (likely range $4.2M–$10.9M). It has 2 locations.
Common questions
- Who owns Air Systems and Pump Solutions, L.L.C.?
- The owner of Air Systems and Pump Solutions, L.L.C. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Air Systems and Pump Solutions, L.L.C. make?
- SeeBITDA estimates Air Systems and Pump Solutions, L.L.C.'s annual revenue at about $26.9M (likely between $17.7M and $30.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Air Systems and Pump Solutions, L.L.C. worth?
- About $7.9M, roughly 4.3× its estimated EBITDA of $1.8M, typical for a industrial machinery and equipment merchant wholesalers company its size. Likely range: $4.2M–$10.9M.
- How many employees does Air Systems and Pump Solutions, L.L.C. have?
- About 25, from its 2024 retirement-plan filing.
- When was Air Systems and Pump Solutions, L.L.C. founded?
- Air Systems and Pump Solutions, L.L.C. has been in business since 2007.