M.w. Bevins Company
How we got $7.9M
Based on its 30 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 69 years (since 1957)
From public records and the company's website, not a statement that it's for sale.
What they do
M.W. Bevins Company (Bevins Co.) in Tulsa, OK sells high voltage testing and protective tools to linemen, with a focus on products like the CHANCE protective ground set tester and wireless phasing set.
From the company's website. Industry: All Other Miscellaneous Electrical Equipment and Component Manufacturing.
Customers & suppliers
Suppliers & brands
- CHANCE · brand it sells or installs
- Hubbell · brand it sells or installs
Estimated value over time
▲ 12% 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
▼ 20% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 30 | $13.5M |
| 2020 | Form 5500 | 27 | $12.1M |
| 2021 | Form 5500 | 24 | $10.8M |
| 2022 | Form 5500 | 25 | $11.2M |
| 2023 | Form 5500 | 24 | $10.8M |
| 2024 | Form 5500 | 24 | $10.8M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| M.W. BEVINS COMPANY this business | $16.5M | — |
| KEY COMMUNICATIONS, LLC Tulsa · 3 employees | $1.6M | 1.4 mi |
| AERON GROUP LLC Broken Arrow · 25 employees | $13.3M | 1.9 mi |
| U.S. PIONEER, LLC Tulsa · 45 employees | $21.9M | 2.1 mi |
| DZ ELECTRIC LLC Tulsa | $3.6M | 3.8 mi |
| A-LAB LLC Broken Arrow · 2 employees | $1.5M | 4.8 mi |
| SMART PRONG TECHNOLOGIES, INC. Broken Arrow · 20 employees | $14.9M | 5.4 mi |
The full calculation
| Employees reported to the SBA | 30 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.0M |
| Estimate: the two combined (geometric mean) | $16.5M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $1.7M |
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 | $7.9M |
| Multiple for this size and industry | 4.7× |
| Value range | $4.2M – $10.8M |
| Revenue range | $10.9M – $18.9M |
| EBITDA range | $1.1M – $1.9M |
| Industry (NAICS) | All Other Miscellaneous Electrical Equipment and Component Manufacturing (335999) |
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
People & advisors
“Since 1957, Bevins has pioneered the invention and manufacture of superior electric utility products.”
Advisors
- BankingBlue Sky 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
| Blue Sky Bank PPP 2020, PPP 2021 | All 430 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 | $415K | 30 |
| 2/1/2021 | second | $415K | 29 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About M.w. Bevins Company
M.w. Bevins Company is an all other miscellaneous electrical equipment and component manufacturing company in Tulsa, Oklahoma, in business since 1957. Its estimated annual revenue is about $16.5M, with roughly $1.7M of EBITDA. It has about 24 employees. Its estimated business value is $7.9M (likely range $4.2M–$10.8M).
Common questions
- Who owns M.w. Bevins Company?
- The owner of M.w. Bevins Company 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 M.w. Bevins Company make?
- SeeBITDA estimates M.w. Bevins Company's annual revenue at about $16.5M (likely between $10.9M and $18.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is M.w. Bevins Company worth?
- About $7.9M, roughly 4.7× its estimated EBITDA of $1.7M, typical for a all other miscellaneous electrical equipment and component manufacturing company its size. Likely range: $4.2M–$10.8M.
- How many employees does M.w. Bevins Company have?
- About 24, from its 2024 retirement-plan filing.
- When was M.w. Bevins Company founded?
- M.w. Bevins Company has been in business since 1957.