Lynxsystems LLC
- Bill MorganProject Manager · Company website
How we got $4.2M
Based on its 35 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 22% 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
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 35 | $6.8M |
| 2020 | Form 5500 | 30 | $5.8M |
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
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
LynxSystems LLC is a Native American owned low voltage contractor in Tulsa, OK that provides structured cabling, CCTV, access control, paging and infrastructure design services.
From the company's website. Industry: Electricians.
Customers & suppliers
Customers
- Department of Veterans Affairs · federal contracts $189K
- Oklahoma State University Athletics · named on its website
- Osage Casino · named on its website
- Cherokee Nation Durbin Feeling Language Center · named on its website
- COT · named on its website
- Cherokee Nation Outpatient Health Center · named on its website
- Aristocrat Gaming Tulsa Facility · named on its website
- Ernest Childers VA Outpatient Clinic · named on its website
- Tulsa Technology Center Phase II · named on its website
- Aristocrat Technologies · named on its website
- Oil Capital Electric · named on its website
- Flintco / Cherokee Nation Vinita Health Clinic · named on its website
- Choctaw Nation of Oklahoma · named on its website
- Metro Construction · named on its website
- RedStone Construction / Manhattan Construction · named on its website
- Muscogee Creek Nation Community Hospital · named on its website
Suppliers & brands
- Panduit · brand it sells or installs
- Systimax · brand it sells or installs
- Uniprise · brand it sells or installs
- LeGrand/Ortronics · brand it sells or installs
- Leviton · brand it sells or installs
- Siemon · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- PERSIMMON RIDGE LLC · Tulsa, 13 mi · $116.9M
- OKLAHOMA BAPTIST UNIVERSITY · Shawnee, 81 mi · $76.0M
- COMMUNITY ACTION PROJECT OF TULSA COUNTY, INC. · Tulsa, 5 mi · $68.9M
- OKLAHOMA WESLEYAN UNIVERSITY, INC · Bartlesville, 41 mi · $32.2M
- HOLLAND HALL · Tulsa, 7 mi · $29.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LYNXSYSTEMS LLC this business | $12.6M | — |
| Yeldell Electric Tulsa | $1.9M | 0.0 mi |
| Acts of Service Plumbing Broken Arrow Tulsa | $9.6M | 0.0 mi |
| Air Masters Tulsa | $1.9M | 0.7 mi |
| ADDCO ELECTRIC, INCORPORATED Tulsa · 16 employees | $5.8M | 0.9 mi |
| VISION ELECTRIC LLC Tulsa · 6 employees | $1.9M | 1.0 mi |
| DEBCO ELECTRIC, INC. Tulsa · 8 employees | $2.6M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.2M |
| Estimate: the two combined (geometric mean) | $12.6M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.2M |
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 | $4.2M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.2M – $5.8M |
| Revenue range | $8.3M – $14.4M |
| EBITDA range | $774K – $1.3M |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
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
- BankingFirst Oklahoma 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 Oklahoma Bank PPP 2020, PPP 2021 | All 695 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 | $450K | 35 |
| 2/5/2021 | second | $450K | 32 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lynxsystems LLC
Lynxsystems LLC is an electricians company in Tulsa, Oklahoma, in business since 2008. Its estimated annual revenue is about $12.6M, with roughly $1.2M of EBITDA. It has about 30 employees. Its estimated business value is $4.2M (likely range $2.2M–$5.8M).
Common questions
- Who owns Lynxsystems LLC?
- The owner of Lynxsystems 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 Lynxsystems LLC make?
- SeeBITDA estimates Lynxsystems LLC's annual revenue at about $12.6M (likely between $8.3M and $14.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lynxsystems LLC worth?
- About $4.2M, roughly 3.6× its estimated EBITDA of $1.2M, typical for a electricians company its size. Likely range: $2.2M–$5.8M.
- How many employees does Lynxsystems LLC have?
- About 30, from its 2020 retirement-plan filing.
- When was Lynxsystems LLC founded?
- Lynxsystems LLC has been in business since 2008.