Consolidated Networks Corporation
How we got $39.7M
Based on 132 employees on its 2024 401(k) filing.
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
Consolidated Networks Corporation is a secured IP network engineering services company that designs, builds, secures and maintains networks and communication systems. It serves government and private-industry customers, including hospitals and U.S. agencies.
From the company's website. Industry: IT & software.
Customers & suppliers
Customers
- Department of the Air Force · federal contracts $6.7M
- Department of the Navy · federal contracts $500
- Indian Health Service · federal contracts $-1K
Suppliers & brands
- ACCU-TECH · brand it sells or installs
- AEROHIVE NETWORKS · brand it sells or installs
- Extreme Networks · brand it sells or installs
- Ubiquity · brand it sells or installs
- Meraki · brand it sells or installs
- SonicWall · brand it sells or installs
- McAfee · brand it sells or installs
Estimated value over time
▲ 20% 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
▼ 4% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 137 | $33.1M |
| 2020 | Form 5500 | 54 | $13.0M |
| 2021 | Form 5500 | 97 | $23.4M |
| 2022 | Form 5500 | 120 | $29.0M |
| 2023 | Form 5500 | 92 | $22.2M |
| 2024 | Form 5500 | 132 | $31.9M |
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 |
|---|---|---|
| CONSOLIDATED NETWORKS CORPORATION this business | $37.9M | — |
| MITCHELL CONSULTING SERVICES GROUP INC. Oklahoma City · 240 employees | $77.3M | 0.1 mi |
| NATIVE TECHNICAL SOLUTIONS LLC Oklahoma City · 1 employees | $444K | 0.2 mi |
| VUDU CONSULTING L.P. Oklahoma City · 70 employees | $17.5M | 0.4 mi |
| ELECTRA DIGITAL DESIGN STUDIOS, INC Oklahoma City · 6 employees | $1.2M | 0.5 mi |
| LIFETONE TECHNOLOGY, INC Oklahoma City · 2 employees | $851K | 0.5 mi |
| SKYHELM LLC Oklahoma City · 35 employees | $5.5M | 0.6 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $39.7M |
| Multiple for this size and industry | 7.8× |
| Value range | $25.4M – $71.4M |
| Employees in its retirement plan (2024 Form 5500) | 132 |
| Industry revenue per employee | $241K |
| Revenue = employees × revenue per employee | $37.9M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $5.1M |
| For comparison: employees reported for PPP (2020) | 137 |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $30.3M – $56.9M |
| EBITDA range | $4.1M – $7.6M |
| Industry (NAICS) | Computer Systems Design Services (541512) |
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. These are statistical estimates, not reported financials. Full methodology
People & advisors
“For twenty-two years we have built a solid reputation in communication infrastructure design, developing plans and specifications to modernize infrastructures, and to create communication solutions using new Power-over-Ethernet (PoE) and Internet-of-Things (IoT) devices to help reach a buildings net-zero-energy goals and improving the quality of life for our stakeholders.”
Leadership
- ARAntonio RemediosManaging Director · Company website · source
Advisors
- AccountingRose Rock CPAS, PLLCAudits its 401(k) plan (2024 filing)
- 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 |
|---|---|---|---|
| 4/8/2020 | first | $1.5M | 137 |
| 1/25/2021 | second | $805K | 110 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Consolidated Networks Corporation
Consolidated Networks Corporation is an it & software company in Oklahoma City, Oklahoma, in business since 1998. It is owned by Edward Kusbel (Founding Principal, Managing Director). Its estimated annual revenue is about $37.9M, with roughly $5.1M of EBITDA. It has about 132 employees. Its estimated business value is $39.7M (likely range $25.4M–$71.4M).
Common questions
- Who owns Consolidated Networks Corporation?
- Consolidated Networks Corporation is owned by Edward Kusbel (Founding Principal, Managing Director), according to public sources such as the company's website or filings.
- How much revenue does Consolidated Networks Corporation make?
- SeeBITDA estimates Consolidated Networks Corporation's annual revenue at about $37.9M (likely between $30.3M and $56.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Consolidated Networks Corporation worth?
- About $39.7M, roughly 7.8× its estimated EBITDA of $5.1M, typical for a it & software company its size. Likely range: $25.4M–$71.4M.
- How many employees does Consolidated Networks Corporation have?
- About 132, from its 2024 retirement-plan filing.
- When was Consolidated Networks Corporation founded?
- Consolidated Networks Corporation has been in business since 1998.