Mckee Utility Contractors, Inc.
How we got $32.3M
Based on its 124 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 28 years (since 1998)
- Acquired by Mastec (2026)
From public records and the company's website, not a statement that it's for sale.
Ownership & transactions
- Acquired by Mastec · Mar 2026Boyne Capital announced the sale of McKee Utility Contractors, LLC to MasTec, which was Boyne's earlier investment in the company.Source
Estimated value over time
▲ 41% 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
▲ 70% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 124 | $43.8M |
| 2022 | Form 5500 | 115 | $40.7M |
| 2023 | Form 5500 | 161 | $56.9M |
| 2024 | Form 5500 | 196 | $69.3M |
| 2025 | Form 5500 | 211 | $74.6M |
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 |
|---|---|---|
| MCKEE UTILITY CONTRACTORS, INC. this business | $76.8M | — |
| GOLIATH ENERGY SERVICES LLC Meeker · 1 employees | $654K | 11.6 mi |
| Rentzel Pump Manufacturing Shawnee | $5.8M | 13.1 mi |
| LOMAN DRILLING INC. Shawnee · 6 employees | $3.5M | 13.5 mi |
| L & M CONSTRUCTION INC Chandler · 5 employees | $2.0M | 14.4 mi |
| DAVENPORT ROUSTABOUT SERVICE, INC Chandler · 40 employees | $23.9M | 15.1 mi |
| ABERDEEN LAND SERVICES, LLC. Shawnee · 4 employees | $2.9M | 18.0 mi |
The full calculation
| Employees reported to the SBA | 124 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $70.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $64.5M |
| Estimate: the two combined (geometric mean) | $76.8M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $6.6M |
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 | $32.3M |
| Multiple for this size and industry | 4.9× |
| Value range | $17.0M – $44.1M |
| Revenue range | $50.5M – $87.6M |
| EBITDA range | $4.3M – $7.5M |
| Industry (NAICS) | Water and Sewer Line and Related Structures Construction (237110) |
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
- AccountingCrowe, LLPAudits its 401(k) plan (2022 filing)
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $1.4M | 124 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mckee Utility Contractors, Inc.
Mckee Utility Contractors, Inc. is a water and sewer line and related structures construction company in Prague, Oklahoma, in business since 1998. Its estimated annual revenue is about $76.8M, with roughly $6.6M of EBITDA. It has about 211 employees. Its estimated business value is $32.3M (likely range $17.0M–$44.1M).
Common questions
- Who owns Mckee Utility Contractors, Inc.?
- The owner of Mckee Utility Contractors, Inc. 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 Mckee Utility Contractors, Inc. make?
- SeeBITDA estimates Mckee Utility Contractors, Inc.'s annual revenue at about $76.8M (likely between $50.5M and $87.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mckee Utility Contractors, Inc. worth?
- About $32.3M, roughly 4.9× its estimated EBITDA of $6.6M, typical for a water and sewer line and related structures construction company its size. Likely range: $17.0M–$44.1M.
- How many employees does Mckee Utility Contractors, Inc. have?
- About 211, from its 2025 retirement-plan filing.
- When was Mckee Utility Contractors, Inc. founded?
- Mckee Utility Contractors, Inc. has been in business since 1998.