SeeBITDAOklahoma

Crowe & Dunlevy, a Profeesional Corporation

  • 324 N robinson sve Suite 100, Oklahoma City, OK
  • Since 1902
Estimated valueMedium confidence
$56.5M
$29.8Mlikely range$77.4M
About 5.6× its yearly profit, typical for a company this size in its industry.
Revenue
$86.0M
a year
Profit (EBITDA)
$10.1M
12% of revenue
Employees
188
reported in 2020
Adam W. Childers
President · source · LinkedIn
Likely to sell

How we got $56.5M

Based on its 188 employees and its payroll, both reported for PPP in 2020 and brought up to date.

188 employees × $387K each$72.8M
PPP payroll ÷ payroll's usual share of revenue$78.1M
Shown toward the top of its range×1.14
Revenue$86.0M
× 12% profit margin$10.1M
× 5.6 sale multiple = value$56.5M

· Own this business? Correct these figures

What we know

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

Signs of a sale Likely to sell

  • In business 124 years (since 1902)
  • 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

Crowe Dunlevy is a law firm, a professional corporation based in Oklahoma City, that says it delivers legal and commercial counsel to clients across the Southwest and nationwide.

Products & services
Administrative & RegulatoryAviation & Commercial SpaceBanking & Financial InstitutionsEnergy, Environment & Natural ResourcesGovernment Relations, Legislative & Regulatory AffairsHealthcareRenewable EnergyWhite Collar, Compliance & InvestigationsAppellateLitigationTrial PracticeCorporate & Securities
Markets served
AviationBanking & Financial ServicesEnergy, Environment & Natural ResourcesHealthcareInsuranceReal Estate
Service area
Oklahoma CityTulsaDallasHoustonthe Southwestnationwide

From the company's website. Industry: Law firms.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Insurance agencies
Real estate

Estimated value over time

▲ 26% since 2020
$0$32.5M$65.0M20202026

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
CROWE & DUNLEVY, A PROFEESIONAL CORPORATION
this business
$86.0M$10.1M—
AMY J SINE PLLC
Oklahoma City · 1 employees
$595K$138K0.0 mi
ARMAND PALIOTTA PC
Oklahoma City · 1 employees
$571K$133K0.0 mi
ASHLEY L. POWELL, PLLC
Oklahoma City · 1 employees
$498K$116K0.0 mi
BILL JOHNSON, PC
Oklahoma City · 1 employees
$560K$130K0.0 mi
C. RUSSELL WOODY, P.C.
Oklahoma City · 1 employees
$528K$123K0.0 mi
CALDWELL, FUNCK, THOMPSON & HANNER PC
Oklahoma City · 6 employees
$2.2M$387K0.0 mi

The full calculation

Employees reported to the SBA188
Revenue from headcount (employees × revenue per employee for companies this size)$72.8M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$78.1M
Estimate: the two combined (geometric mean)$86.0M
EBITDA margin (industry, adjusted for size)12%
EBITDA = revenue × margin$10.1M

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$56.5M
Multiple for this size and industry5.6×
Value range$29.8M – $77.4M
Revenue range$56.6M – $98.1M
EBITDA range$6.6M – $11.5M
Industry (NAICS)Offices of Lawyers (541110)

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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Founded 1902 by Charles Edward Johnson
“Crowe Dunlevy began when Charles Edward Johnson (1870-1950) opened the first law office in the Oklahoma Territory at 131 ½ West Grand (now Sheridan Avenue).”

Leadership

  • JR
    J. Robert Kalsu
    Shareholder, Director · Company website · source
  • PA
    Paige A. Masters
    Shareholder, Director · Company website · source
  • DM
    David M. Sullivan
    Shareholder, Director · Company website · source
  • KB
    Kayci B. Hughes
    Shareholder, Director · Company website · source

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

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$4.2M$4.2M188BancFirst

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Crowe & Dunlevy, a Profeesional Corporation

Crowe & Dunlevy, a Profeesional Corporation is a law firms company in Oklahoma City, Oklahoma, in business since 1902. It is owned by Adam W. Childers (President). Its estimated annual revenue is about $86.0M, with roughly $10.1M of EBITDA. It has about 188 employees. Its estimated business value is $56.5M (likely range $29.8M–$77.4M).

Common questions

Who owns Crowe & Dunlevy, a Profeesional Corporation?
Crowe & Dunlevy, a Profeesional Corporation is owned by Adam W. Childers (President), according to public sources such as the company's website or filings.
How much revenue does Crowe & Dunlevy, a Profeesional Corporation make?
SeeBITDA estimates Crowe & Dunlevy, a Profeesional Corporation's annual revenue at about $86.0M (likely between $56.6M and $98.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Crowe & Dunlevy, a Profeesional Corporation worth?
About $56.5M, roughly 5.6× its estimated EBITDA of $10.1M, typical for a law firms company its size. Likely range: $29.8M–$77.4M.
How many employees does Crowe & Dunlevy, a Profeesional Corporation have?
About 188, as reported on its PPP loan.
When was Crowe & Dunlevy, a Profeesional Corporation founded?
Crowe & Dunlevy, a Profeesional Corporation has been in business since 1902.
Is Crowe & Dunlevy, a Profeesional Corporation for sale?
There's no public listing, but it shows signs that often come before a sale: in business 124 years (since 1902); no family successor named on its website.