SeeBITDAOklahoma

Apex Title and Closing Services, LLC

Other Activities Related to Real Estate
  • 3510 S 79TH EAST AVE, Tulsa, OK
  • 8 locations
  • Since 2005
Estimated valueMedium confidence
$27.8M
$14.7Mlikely range$38.1M
About 5.2× its yearly profit, typical for a company this size in its industry.
Revenue
$24.8M
a year
Profit (EBITDA)
$5.4M
22% of revenue
Employees
65
reported in 2020
Damon Bedell
Owner · source
Unlikely to sell soon

How we got $27.8M

Based on its 65 employees and its payroll, both reported for PPP in 2020 and brought up to date.

65 employees × $423K each$27.5M
PPP payroll ÷ payroll's usual share of revenue$17.2M
Shown toward the top of its range×1.14
Revenue$24.8M
× 22% profit margin$5.4M
× 5.2 sale multiple = value$27.8M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named
8 locations found

Signs of a sale Unlikely to sell soon

  • In business 21 years (since 2005)

From public records and the company's website, not a statement that it's for sale.

What they do

Apex Title & Closing Services, LLC provides real estate closings, title searches, and title insurance for real estate transactions. It serves agents, buyers, and sellers through offices in Oklahoma and nearby states.

Products & services
In-Person ClosingsHybrid ClosingsRemote Online NotarizationMobile Notary ClosingsSubmit Earnest Money Deposit (EMD) ElectronicallyResidential Real Estate ClosingsCommercial Real Estate ClosingsConventional, FHA, VA Loan ClosingsLand Contract ClosingsCash ClosingsBuilder's ServicesAttorney opinions
Markets served
AgentsBuyersSellers
Service area
ArkansasMissouriNebraskaOklahomaBartlesvilleClaremoreEnidGrove
Certifications
ALTA Pillar 3 CertALTA Pillar 1245&6 CertBetter Business BureauGreater Tulsa Area RealtorsNorth East Oklahoma Board of RealtorsHome Builders AssociationNorthwest Oklahoma Association of RealtorsAmerican Land Title Association

From the company's website. Industry: Other Activities Related to Real Estate.

Estimated value over time

▼ 1% since 2020
$0$16.2M$32.4M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
APEX TITLE AND CLOSING SERVICES, LLC
this business
$24.8M$5.4M—
APEX TITLE CENTRAL OKLAHOMA LLC
Tulsa · 3 employees
$1.5M$465K0.0 mi
APEX TITLE MIDWEST OKLAHOMA LLC
Tulsa · 2 employees
$772K$289K0.0 mi
APEX TITLE NORTH EAST OKLAHOMA LLC
Tulsa · 10 employees
$2.6M$762K0.0 mi
T&S TAYLOR ENTERPRISES
Tulsa · 5 employees
$1.6M$460K0.2 mi
GARCAN LLC
Tulsa · 8 employees
$2.2M$625K0.6 mi
EVOLUTION MANAGEMENT CORP
Tulsa · 4 employees
$1.4M$455K1.0 mi

The full calculation

Employees reported to the SBA65
Revenue from headcount (employees × revenue per employee for companies this size)$27.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$17.2M
Estimate: the two combined (geometric mean)$24.8M
EBITDA margin (industry, adjusted for size)22%
EBITDA = revenue × margin$5.4M

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$27.8M
Multiple for this size and industry5.2×
Value range$14.7M – $38.1M
Revenue range$16.3M – $28.3M
EBITDA range$3.5M – $6.1M
Industry (NAICS)Other Activities Related to Real Estate (531390)

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

“After being raised in the Tulsa area and graduating from the University of Oklahoma, Damon began his career in the insurance industry.”

Leadership

  • RS
    Roxie Saunders
    Escrow Officer · Company website · source

Advisors

  • BankingFirst Pryority BankPPP / 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 Pryority Bank
PPP 2020
All 258 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/3/2020first$776K$781K65First Pryority Bank

8 locations

3510 S 79TH EAST AVETulsaThis listing
603 W 1st StClaremoreView
959N 3rd St Ste BLangleyView
130 S Main St.MiamiView
959 N 3rd StMuskogeeView
623 E 6th StOkmulgeeView
8503 N 129th East AveOwassoView
114 W 8th AveStillwaterView

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 Apex Title and Closing Services, LLC

Apex Title and Closing Services, LLC is an other activities related to real estate company in Tulsa, Oklahoma, in business since 2005. It is owned by Damon Bedell. Its estimated annual revenue is about $24.8M, with roughly $5.4M of EBITDA. It has about 65 employees. Its estimated business value is $27.8M (likely range $14.7M–$38.1M). It has 8 locations.

Common questions

Who owns Apex Title and Closing Services, LLC?
Apex Title and Closing Services, LLC is owned by Damon Bedell, according to public sources such as the company's website or filings.
How much revenue does Apex Title and Closing Services, LLC make?
SeeBITDA estimates Apex Title and Closing Services, LLC's annual revenue at about $24.8M (likely between $16.3M and $28.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Apex Title and Closing Services, LLC worth?
About $27.8M, roughly 5.2× its estimated EBITDA of $5.4M, typical for a other activities related to real estate company its size. Likely range: $14.7M–$38.1M.
How many employees does Apex Title and Closing Services, LLC have?
About 65, as reported on its PPP loan.
When was Apex Title and Closing Services, LLC founded?
Apex Title and Closing Services, LLC has been in business since 2005.