Optimus Industries LLC
How we got $61.4M
Based on its 140 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 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
Optimus Industries LLC is described on a Babcock & Wilcox page as B&W's Optimus™ engineered products line, custom designing and fabricating waste heat recovery and heat transfer equipment for process industries worldwide. The page does not mention Optimus Industries LLC or Tulsa, OK, so the link to this business is unverified.
From the company's website. Industry: Power Boiler and Heat Exchanger Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MCINTOSH CORPORATION · Tulsa, 4 mi · $105.6M
- AIRCO SERVICES INC · Tulsa, 6 mi · $88.4M
- PLATINUM MECHANICAL, LLC · Tulsa, 4 mi · $49.5M
- AIR ASSURANCE ACQUISITION CO · Broken Arrow, 9 mi · $39.9M
- Kinty Jones Heating & Cooling · Broken Arrow, 10 mi · $22.7M
Estimated value over time
▲ 15% 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
▼ 36% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 140 | $59.3M |
| 2020 | Form 5500 | 109 | $46.2M |
| 2021 | Form 5500 | 90 | $38.1M |
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 |
|---|---|---|
| OPTIMUS INDUSTRIES LLC this business | $96.8M | — |
| AXH HOLDINGS Tulsa · 409 employees | $319.7M | 0.9 mi |
| THE WHITE GROUP INC Tulsa · 1 employees | $923K | 4.0 mi |
| ACCURATE MACHINE & MAINTENANCE INC Tulsa · 5 employees | $2.7M | 4.8 mi |
| BORN, INC Tulsa · 24 employees | $20.8M | 5.1 mi |
| LAMB INDUSTRIES, LLC Tulsa · 1 employees | $778K | 5.2 mi |
| R.W. HOLLAND I, LLC Tulsa · 43 employees | $36.6M | 5.3 mi |
The full calculation
| Employees reported to the SBA | 140 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $78.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $91.4M |
| Estimate: the two combined (geometric mean) | $96.8M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $9.0M |
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 | $61.4M |
| Multiple for this size and industry | 6.8× |
| Value range | $32.3M – $84.0M |
| Revenue range | $63.7M – $110.4M |
| EBITDA range | $5.9M – $10.3M |
| Industry (NAICS) | Power Boiler and Heat Exchanger Manufacturing (332410) |
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
- AccountingGrant Thornton LLPAudits its 401(k) plan (2021 filing)
- BankingJPMorgan Chase Bank, 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
| JPMorgan Chase Bank, National Association PPP 2020 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $2.0M | 140 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Optimus Industries LLC
Optimus Industries LLC is a power boiler and heat exchanger manufacturing company in Tulsa, Oklahoma, in business since 1997. It is owned by Mike McGuire (President). Its estimated annual revenue is about $96.8M, with roughly $9.0M of EBITDA. It has about 90 employees. Its estimated business value is $61.4M (likely range $32.3M–$84.0M).
Common questions
- Who owns Optimus Industries LLC?
- Optimus Industries LLC is owned by Mike McGuire (President), according to public sources such as the company's website or filings.
- How much revenue does Optimus Industries LLC make?
- SeeBITDA estimates Optimus Industries LLC's annual revenue at about $96.8M (likely between $63.7M and $110.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Optimus Industries LLC worth?
- About $61.4M, roughly 6.8× its estimated EBITDA of $9.0M, typical for a power boiler and heat exchanger manufacturing company its size. Likely range: $32.3M–$84.0M.
- How many employees does Optimus Industries LLC have?
- About 90, from its 2021 retirement-plan filing.
- When was Optimus Industries LLC founded?
- Optimus Industries LLC has been in business since 1997.