De-Comp Composites, Inc.
How we got $1.3M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 39 years (since 1987)
- Founder still runs it after 39 years
- 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
DE-COMP Composites, Inc., founded in 1987, is a distributor of composite manufacturing support materials, offering an extensive product line from top manufacturers.
From the company's website. Industry: Industrial Machinery and Equipment Merchant Wholesalers.
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
▲ 43% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 7 | $5.4M |
| 2020 | Form 5500 | 8 | $6.2M |
| 2021 | Form 5500 | 8 | $6.2M |
| 2022 | Form 5500 | 9 | $6.9M |
| 2023 | Form 5500 | 9 | $6.9M |
| 2024 | Form 5500 | 10 | $7.7M |
| 2025 | Form 5500 | 10 | $7.7M |
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 |
|---|---|---|
| DE-COMP COMPOSITES, INC. this business | $5.2M | — |
| PRAIRIE SUPPLY COMPANY Cleveland · 3 employees | $2.9M | 1.8 mi |
| MID-WEST SUPPLY LLC Hominy · 1 employees | $850K | 9.8 mi |
| INDUSTRIAL MAINTENANCE SUPPLY CO INC. Sand Springs · 4 employees | $4.4M | 20.2 mi |
| DUBBER'S TRACTOR AND LAWN SERVICE LLC Barnsdall · 5 employees | $5.4M | 23.4 mi |
| DUBBER'S TRACTOR AND LAWN SERVICES LLC Barnsdall · 6 employees | $6.5M | 23.4 mi |
| ARROW MAINTENANCE & PRODUCTION SUPPLY CO Tulsa · 11 employees | $11.2M | 25.0 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.6M |
| Estimate: the two combined (geometric mean) | $5.2M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $434K |
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 | $1.3M |
| Multiple for this size and industry | 2.9× |
| Value range | $662K – $1.7M |
| Revenue range | $3.4M – $5.9M |
| EBITDA range | $285K – $494K |
| 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
“In 1987, alongside my wife, we launched De-Comp—starting right from our home.”
Leadership
- ACAndrew ChapmanQuality Manager & Outside Sales · Company website · source
- DMDorothy MiddletonGeneral & Purchasing Manager · Company website · source
- DPDiana P. MorenoProject Manager & New Development · Company website · source
- JSJim SimpsonOutside Sales Manager · Company website · source
Advisors
- BankingAmerican Heritage 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
| American Heritage Bank PPP 2020 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $52K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About De-Comp Composites, Inc.
De-Comp Composites, Inc. is an industrial machinery and equipment merchant wholesalers company in Cleveland, Oklahoma, in business since 1987. It is owned by Frank J. DeSena (Founder & CEO). Its estimated annual revenue is about $5.2M, with roughly $434K of EBITDA. It has about 10 employees. Its estimated business value is $1.3M (likely range $662K–$1.7M).
Common questions
- Who owns De-Comp Composites, Inc.?
- De-Comp Composites, Inc. is owned by Frank J. DeSena (Founder & CEO), according to public sources such as the company's website or filings.
- How much revenue does De-Comp Composites, Inc. make?
- SeeBITDA estimates De-Comp Composites, Inc.'s annual revenue at about $5.2M (likely between $3.4M and $5.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is De-Comp Composites, Inc. worth?
- About $1.3M, roughly 2.9× its estimated EBITDA of $434K, typical for a industrial machinery and equipment merchant wholesalers company its size. Likely range: $662K–$1.7M.
- How many employees does De-Comp Composites, Inc. have?
- About 10, from its 2025 retirement-plan filing.
- When was De-Comp Composites, Inc. founded?
- De-Comp Composites, Inc. has been in business since 1987.
- Is De-Comp Composites, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 39 years (since 1987); founder still runs it after 39 years; no family successor named on its website.