SeeBITDAOklahoma

Electro Enterprises, Inc.

Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers
  • 3601 N I-35 Service Road, Oklahoma City, OK
  • Since 1998
  • NAICS 423610
Federal contractor
Estimated valueMedium confidence
$84.9M
$44.7Mlikely range$116.2M
About 7.1× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$199.3M
a year
EBITDA
$12.0M
6% of revenue
Employees
269
reported in 2020
Leadership
Bob Earley
Interim President · source · confirmed by 2 sources
Unlikely to sell soon
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $84.9M

Based on its 269 employees and its payroll, both reported for PPP in 2020 and brought up to date.

269 employees × $1.2M each$315.1M
PPP payroll ÷ payroll's usual share of revenue$167.8M
Calibrated to real figures in its industry, shown toward the top of its range×0.87
Revenue$199.3M
× 6% EBITDA margin$12.0M
× 7.1 sale multiple = value$84.9M

Own this business? Correct these figures

Estimated value over time

▲ 36% since 2020
$0$48.8M$97.7M202020212026

Today'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

▼ 21% since 2020
025050020202021269212
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan269$176.9M$10.6M
2020Form 5500200$131.5M$7.9M
2021Form 5500212$139.4M$8.4M

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.

What we know

PPP loan, 2020
401(k) filing, 2021
No reported financials
Company website
Owner named
Federal contracts

Signs of a sale Unlikely to sell soon

  • In business 28 years (since 1998)
  • No family successor named on its website
  • Acquired by FDH Aero (2022)

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

Ownership & transactions

  • Acquired by FDH Aero · Jul 2022
    FDH Aero completed its acquisition of Oklahoma City-based Electro Enterprises, Inc. in July 2022.
    Source

Customers & suppliers

Customers

  • Defense Logistics Agency · federal contracts $16.2M
  • Department of the Navy · federal contracts $266K
  • Department of the Air Force · federal contracts $169K
  • Federal Aviation Administration · federal contracts $98K
  • National Aeronautics and Space Administration · federal contracts $29K

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
ELECTRO ENTERPRISES, INC.
this business
$199.3M$12.0M—
Graybar
Oklahoma City
$1.1M$79K2.8 mi
EMSCO ELECTRIC SUPPLY CO., INC.
Oklahoma City · 57 employees
$44.6M$3.1M4.7 mi
C2T INCORPORATED
Oklahoma City · 5 employees
$4.9M$413K4.9 mi
TRAVIS BUSINESS SYSTEMS INC
Oklahoma City · 13 employees
$10.2M$748K4.9 mi
BETTERPOWER INC.
Oklahoma City · 6 employees
$5.2M$382K5.3 mi
HUNZICKER BROTHERS INC.
Oklahoma City · 117 employees
$110.2M$6.6M5.3 mi

Ranges & sources

Revenue range$131.1M – $227.3M
EBITDA range$7.9M – $13.6M
Industry (NAICS)Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers (423610)
Value range$44.7M – $116.2M

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

History & advisors

Advisors

  • AccountingRose Rock CPAS, PLLCAudits its 401(k) plan (2021 filing)
  • BankingInternational Bank of CommercePPP / 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

International Bank of Commerce
PPP 2020
All 442 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$2.4M$2.4M269International Bank of Commerce

Public records

Federal contracts
USAspending.gov
Total, recent years$16.8M
FY2026$1.8M
FY2025$2.1M
FY2024$3.9M
FY2023$4.4M

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

About Electro Enterprises, Inc.

Electro Enterprises, Inc. is an electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1998. It is owned by Bob Earley (Interim President). Its estimated annual revenue is about $199.3M, with roughly $12.0M of EBITDA. It has about 212 employees. Its estimated business value is $84.9M (likely range $44.7M–$116.2M).

Common questions

Who owns Electro Enterprises, Inc.?
Electro Enterprises, Inc. is owned by Bob Earley (Interim President), according to public sources such as the company's website or filings.
How much revenue does Electro Enterprises, Inc. make?
SeeBITDA estimates Electro Enterprises, Inc.'s annual revenue at about $199.3M (likely between $131.1M and $227.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Electro Enterprises, Inc. worth?
About $84.9M, roughly 7.1× its estimated EBITDA of $12.0M, typical for a electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company its size. Likely range: $44.7M–$116.2M.
How many employees does Electro Enterprises, Inc. have?
About 212, from its 2021 retirement-plan filing.
When was Electro Enterprises, Inc. founded?
Electro Enterprises, Inc. has been in business since 1998.