Mtm Recognition Corporation
- Jeremy ConnellyExecutive Vice President · Company website
- Mark LandesVP of Finance · Company website
- Craig MullensVP of Manufacturing OKC · Company website
- Michael CrawfordVP of Rewards and Pricing Analytics · Company website
- Molly MartinVP of Strategic Initiatives · Company website
How we got $117.4M
Based on its 247 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 26% 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
▲ 59% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 247 | $73.2M |
| 2020 | Form 5500 | 410 | $121.5M |
| 2021 | Form 5500 | 383 | $113.5M |
| 2022 | Form 5500 | 398 | $117.9M |
| 2023 | Form 5500 | 407 | $120.6M |
| 2024 | Form 5500 | 393 | $116.4M |
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
Signs of a sale Likely to sell
- In business 55 years (since 1971)
- 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
MTM Recognition designs, manufactures and delivers employee recognition awards, service awards, performance rewards, and custom jewelry for organizations. It states it partners with Fortune 100 corporations, governments, sports teams, associations and organizations.
From the company's website. Industry: All Other Miscellaneous Fabricated Metal Product Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LIFE. CHURCH OPERATIONS, LLC · Edmond, 15 mi · $118.7M
- OKLAHOMA CITY BOATHOUSE FOUNDATION · Oklahoma City, 4 mi · $68.4M
- THE EPISCOPAL DIOCESES OF OKLAHOMA, INC. · Oklahoma City, 4 mi · $63.9M
- CROSSINGS COMMUNITY CHURCH, INC · Oklahoma City, 8 mi · $53.1M
- COMMUNITIES FOUNDATION OF OKLAHOMA · Oklahoma City, 8 mi · $48.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MTM RECOGNITION CORPORATION this business | $159.3M | — |
| Oil States Piper Valve Oklahoma City | $3.0M | 1.4 mi |
| FUNDOM ENTERPRISES INC Oklahoma City · 8 employees | $3.0M | 5.4 mi |
| WILDMAN MANUFACTURING, INC Oklahoma City · 13 employees | $5.7M | 5.6 mi |
| HORN EQUIPMENT COMPANY, INC. Moore · 63 employees | $45.9M | 6.7 mi |
| TIPTONS PLUMBIMG AND SEWER LLC Oklahoma City · 2 employees | $1.6M | 7.0 mi |
| C&D VALVE, LLC Oklahoma City · 20 employees | $8.0M | 8.0 mi |
The full calculation
| Employees reported to the SBA | 247 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $105.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $185.8M |
| Estimate: the two combined (geometric mean) | $159.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $14.9M |
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 | $117.4M |
| Multiple for this size and industry | 7.9× |
| Value range | $61.8M – $160.6M |
| Revenue range | $104.8M – $181.6M |
| EBITDA range | $9.8M – $16.9M |
| Industry (NAICS) | All Other Miscellaneous Fabricated Metal Product Manufacturing (332999) |
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. 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
- AccountingEide Bailly, LLPAudits its 401(k) plan (2024 filing)
- BankingBOKF, National AssociationPPP / 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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $4.6M | 247 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mtm Recognition Corporation
Mtm Recognition Corporation is an all other miscellaneous fabricated metal product manufacturing company in Oklahoma City, Oklahoma, in business since 1971. It is owned by Jeremy Yeargain (President). Its estimated annual revenue is about $159.3M, with roughly $14.9M of EBITDA. It has about 393 employees. Its estimated business value is $117.4M (likely range $61.8M–$160.6M).
Common questions
- Who owns Mtm Recognition Corporation?
- Mtm Recognition Corporation is owned by Jeremy Yeargain (President), according to public sources such as the company's website or filings.
- How much revenue does Mtm Recognition Corporation make?
- SeeBITDA estimates Mtm Recognition Corporation's annual revenue at about $159.3M (likely between $104.8M and $181.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mtm Recognition Corporation worth?
- About $117.4M, roughly 7.9× its estimated EBITDA of $14.9M, typical for a all other miscellaneous fabricated metal product manufacturing company its size. Likely range: $61.8M–$160.6M.
- How many employees does Mtm Recognition Corporation have?
- About 393, from its 2024 retirement-plan filing.
- When was Mtm Recognition Corporation founded?
- Mtm Recognition Corporation has been in business since 1971.
- Is Mtm Recognition Corporation for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 55 years (since 1971); no family successor named on its website.