- David WillisChief Operating Officer · Company website
- Walter FloydDivision Manager · Company website
- Heath RossDivision Manager · Company website
- Dusty ScottDivision Manager · Company website
- Gary ForbesDivision Manager · Company website
How we got $606K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
- 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
TLS Group, Inc. (formerly SignalTek) is a specialty electrical contractor that sells, installs and maintains traffic signals, street lighting and related traffic infrastructure for commercial clients. It operates divisions in Oklahoma City, Tulsa, Arkansas and Kansas.
From the company's website. Industry: Electricians.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SignalTek Inc this business | $2.0M | — |
| Advanced Communications & Electric Tulsa | $1.9M | 0.4 mi |
| BOB DOOLEY ELECTRIC, INC. Tulsa · 9 employees | $2.8M | 0.7 mi |
| AIR DUCT, INC. Tulsa · 6 employees | $2.0M | 0.8 mi |
| QUEST PLUMBING INC Tulsa · 6 employees | $1.7M | 1.0 mi |
| BK PLUMBING & HVAC LLC Tulsa · 12 employees | $2.9M | 1.4 mi |
| Logic Heating & Air Tulsa | $1.9M | 1.6 mi |
The full calculation
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 | $606K |
| Multiple for this size and industry | 2.4× |
| Value range | $144K – $1.1M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Electrical Contractors and Other Wiring Installation Contractors businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.
| Revenue range | $586K – $3.1M |
| EBITDA range | $75K – $392K |
| 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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
“David joined the business with his father, and sister in 1978, helping build and manage projects, estimating, and building relationships.”
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About SignalTek Inc
SignalTek Inc is a family-owned electricians company in Tulsa, Oklahoma, in business since 1999. It is owned by Wayne Kennedy (President). Its estimated annual revenue is about $2.0M, with roughly $252K of EBITDA. Its estimated business value is $606K (likely range $144K–$1.1M).
Common questions
- Who owns SignalTek Inc?
- SignalTek Inc is owned by Wayne Kennedy (President), according to public sources such as the company's website or filings.
- How much revenue does SignalTek Inc make?
- SeeBITDA estimates SignalTek Inc's annual revenue at about $2.0M (likely between $586K and $3.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is SignalTek Inc worth?
- About $606K, roughly 2.4× its estimated EBITDA of $252K, typical for a electricians company its size. Likely range: $144K–$1.1M.
- When was SignalTek Inc founded?
- SignalTek Inc has been in business since 1999.