Freedom Scaffold LLC
How we got $15.4M
Based on its 55 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
- Acquired by Sunbelt U.S. (2023)
From public records and the company's website, not a statement that it's for sale.
Ownership & transactions
- Acquired by Sunbelt U.S. · Dec 2023Sunbelt U.S. (part of Sunbelt Rentals/Ashtead) acquired the business and assets of Freedom Scaffold LLC, a specialty business operating in Oklahoma, on December 13.Source
Estimated value over time
▲ 99% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FREEDOM SCAFFOLD LLC this business | $49.4M | — |
| MAXWELL SUPPLY OF TULSA, INC. Tulsa · 22 employees | $26.8M | 0.2 mi |
| HORTON HYDRAULICS, INC. Tulsa · 34 employees | $30.8M | 0.4 mi |
| METAL MANAGEMENT SUPPLY, INC Tulsa · 4 employees | $6.1M | 0.8 mi |
| TOOL CENTER INC. Tulsa · 6 employees | $6.1M | 0.9 mi |
| JETMARK AIRCRAFT INTERIORS LLC Tulsa · 2 employees | $2.5M | 0.9 mi |
| AIRCRAFT SPECIALTIES SERVICES, INC Tulsa · 43 employees | $57.9M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 55 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $59.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $31.6M |
| Estimate: the two combined (geometric mean) | $49.4M |
| EBITDA margin (industry, adjusted for size) | 6% |
| 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 | $32.5M – $56.4M |
| EBITDA range | $2.0M – $3.4M |
| Industry (NAICS) | Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810) |
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
Advisors
- BankingFirst Pryority 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
| First Pryority Bank PPP 2020, PPP 2021 | All 258 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 | $334K | 25 |
| 2/26/2021 | second | $591K | 55 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Freedom Scaffold LLC
Freedom Scaffold LLC is a construction and mining (except oil well) machinery and equipment merchant wholesalers company in Tulsa, Oklahoma, in business since 2011. Its estimated annual revenue is about $49.4M, with roughly $3.0M of EBITDA. It has about 55 employees. Its estimated business value is $15.4M (likely range $8.1M–$21.1M).
Common questions
- Who owns Freedom Scaffold LLC?
- The owner of Freedom Scaffold LLC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Freedom Scaffold LLC make?
- SeeBITDA estimates Freedom Scaffold LLC's annual revenue at about $49.4M (likely between $32.5M and $56.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Freedom Scaffold LLC worth?
- About $15.4M, roughly 5.2× its estimated EBITDA of $3.0M, typical for a construction and mining (except oil well) machinery and equipment merchant wholesalers company its size. Likely range: $8.1M–$21.1M.
- How many employees does Freedom Scaffold LLC have?
- About 55, as reported on its PPP loan.
- When was Freedom Scaffold LLC founded?
- Freedom Scaffold LLC has been in business since 2011.