E & I Sales Co.
How we got $15.4M
Based on its 41 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
- 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
E&I Sales Company is an electrical products and services business in Tulsa, Oklahoma, offering UL control panels, electric motors, electrical buildings/skids, electrical contracting and motor repair for manufacturing, energy, processing and industrial facilities.
From the company's website. Industry: Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers.
Customers & suppliers
Suppliers & brands
- ABB NEMA · brand it sells or installs
- TECO · brand it sells or installs
- WEG · brand it sells or installs
- US/Nidec · brand it sells or installs
- Hyundai · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Laredo Petroleum · Tulsa, 8 mi · $1.95B
- Aaon, Inc. · Tulsa, 11 mi · $1.44B
- JCL SAFETY SERVICES, LLC · Tulsa, 10 mi · $1.02B
- XCALIBER INTERNATIONAL, LTD · Pryor, 34 mi · $615.3M
- KELVION INC. · Catoosa, 9 mi · $614.3M
- EXPLORER PIPELINE COMPANY · Tulsa, 12 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 11 mi · $467.7M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 8 mi · $326.7M
- SUPERIOR MIDSTREAM, LLC · Tulsa, 9 mi · $315.1M
- NADEL AND GUSSMAN MANAGEMENT LLC · Tulsa, 8 mi · $246.7M
Estimated value over time
▲ 36% 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
▲ 90% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 41 | $27.0M |
| 2020 | Form 5500 | 41 | $27.0M |
| 2021 | Form 5500 | 42 | $27.6M |
| 2022 | Form 5500 | 42 | $27.6M |
| 2023 | Form 5500 | 64 | $42.1M |
| 2024 | Form 5500 | 84 | $55.2M |
| 2025 | Form 5500 | 78 | $51.3M |
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 |
|---|---|---|
| E & I SALES CO. this business | $43.3M | — |
| COMMERCIAL POWER SOLUTIONS, LLC Owasso · 14 employees | $15.4M | 2.7 mi |
| LEKTRON LIGHTING & SUPPLY, INC Tulsa · 3 employees | $4.5M | 3.0 mi |
| MID AMERICA WIRE & CABLE, LLC Tulsa · 2 employees | $2.8M | 3.5 mi |
| J & J APPLIANCES II, LLC Tulsa · 4 employees | $7.9M | 6.3 mi |
| ASSOCIATED PARTS & SUPPLY, INC. Tulsa · 6 employees | $8.3M | 6.4 mi |
| J & J APPLIANCES Tulsa · 16 employees | $20.4M | 6.6 mi |
The full calculation
| Employees reported to the SBA | 41 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $37.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $38.8M |
| Estimate: the two combined (geometric mean) | $43.3M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $3.0M |
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 | $15.4M |
| Multiple for this size and industry | 5.2× |
| Value range | $8.1M – $21.1M |
| Revenue range | $28.5M – $49.4M |
| EBITDA range | $2.0M – $3.4M |
| Industry (NAICS) | Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers (423610) |
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
“E&I is transitioning into second-generation leadership with long tenures and deep institutional knowledge.”
Leadership
- BSBobby ScottChief Executive Officer (CEO) · Company website · source
- PHPiper HutchensChief Financial Officer (CFO) · Company website · source
- AWAaron WhiteheadChief Operating Officer (COO) / Chairman of the Board of Dir · Company website · source
- JKJake KilianChief Commercial Officer (CCO) · Company website · source
- YAYass Alburiahi PEChief Engineer / Director of Manufacturing · Company website · source
Advisors
- BankingThe Central Trust Bank, SpiritBankPPP / 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
| SpiritBank 7(a) 2022 | All 369 borrowers → |
| The Central Trust Bank PPP 2020, PPP 2021 | All 323 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $657K | 41 |
| 1/20/2021 | second | $657K | 40 |
Public records
| Nov 2021 | 7(a) | $4.5M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About E & I Sales Co.
E & I Sales Co. is an electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company in Tulsa, Oklahoma, in business since 2000. It is owned by Patrick Jessogne (CEO). Its estimated annual revenue is about $43.3M, with roughly $3.0M of EBITDA. It has about 78 employees. Its estimated business value is $15.4M (likely range $8.1M–$21.1M).
Common questions
- Who owns E & I Sales Co.?
- E & I Sales Co. is owned by Patrick Jessogne (CEO), according to public sources such as the company's website or filings.
- How much revenue does E & I Sales Co. make?
- SeeBITDA estimates E & I Sales Co.'s annual revenue at about $43.3M (likely between $28.5M and $49.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is E & I Sales Co. worth?
- About $15.4M, roughly 5.2× its estimated EBITDA of $3.0M, typical for a electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company its size. Likely range: $8.1M–$21.1M.
- How many employees does E & I Sales Co. have?
- About 78, from its 2025 retirement-plan filing.
- When was E & I Sales Co. founded?
- E & I Sales Co. has been in business since 2000.