SeeBITDAOklahoma

TLS Group

Specialty Trade Contractors
  • 13305 N Santa Fe Ave, Oklahoma City, OK
  • 2 locations
  • Since 1999
  • NAICS 238
Company websitetlsokc.comFind on LinkedInSearch LinkedIn for this company
Estimated valueLow confidence
$1.1M
$250Klikely range$2.0M
About 2.3× its yearly profit, typical for a company this size in its industry.
Revenue
$3.9M
a year
Profit (EBITDA)
$457K
12% of revenue
Employees
—
not reported
Leadership
Wayne Kennedy
President · source · confirmed by 2 sources
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $1.1M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical specialty trade contractors business in Oklahoma$3.9M
Revenue$3.9M
× 12% profit margin$457K
× 2.3 sale multiple = value$1.1M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named
2 locations found
Trucking registration (FMCSA)

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. is a specialty electrical and lighting contractor that installs and maintains traffic signals, street lighting, streetscapes, intelligent transportation systems, drilled shaft foundations and directional boring for municipalities and organizations.

Products & services
Traffic signalsLightingStreetscapesIntelligent Transportation SystemsDrilled Shaft FoundationsDirectional BoringTraffic Signal Maintenance & RepairTraffic Signal System Upgrades & MaintenanceTraffic Signal Coordination & TimingStreet LightingFlashersPedestrian Crossing Lights
Markets served
municipalitiesorganizations
Service area
OklahomaArkansasKansasOklahoma CityTulsaSpringdale
Certifications
Pre-qualified and licensed in Oklahoma, Kansas and Arkansas

From the company's website. Industry: Specialty Trade Contractors.

Customers & suppliers

Customers

  • City of Oklahoma City · named on its website

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
TLS Group
this business
$3.9M$457K—
SOUTHWEST TAB & COMMISSIONING LLC
Oklahoma City · 20 employees
$6.9M$640K0.0 mi
DELCO ELECTRIC, INC.
Oklahoma City · 121 employees
$41.3M$3.6M0.1 mi
LANDMARK CONSTRUCTION GROUP LLC
Oklahoma City · 14 employees
$14.0M$760K0.1 mi
TRAFFIC & LIGHTING SYSTEMS, LLC
Oklahoma City · 132 employees
$83.6M$7.2M0.1 mi
SMITH & PICKEL CONSTRUCTION, INC.
Oklahoma City · 60 employees
$70.3M$3.5M0.1 mi
ENGINEERED SYSTEMS & ENERGY SOLUTIONS, PC
Oklahoma City · 54 employees
$60.4M$3.1M0.1 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$1.1M
Multiple for this size and industry2.3×
Value range$250K – $2.0M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Specialty Trade Contractors businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (12%). Treat these as a rough guide.

Revenue range$1.2M – $6.1M
EBITDA range$136K – $710K
Industry (NAICS)Specialty Trade Contractors (238)

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.

2 locations

13305 N Santa Fe AveOklahoma CityThis listing
1326 W 37th PlTulsaView

Revenue, profit and value are for the whole company.

Public records

DOT motor carrier
USDOT 3905874 · hazmat
Trucks (power units)127
Drivers154
Miles (2024)1,375,520
Registered with DOT2022

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About TLS Group

TLS Group is a specialty trade contractors company in Oklahoma City, Oklahoma, in business since 1999. It is owned by Wayne Kennedy (President). Its estimated annual revenue is about $3.9M, with roughly $457K of EBITDA. Its estimated business value is $1.1M (likely range $250K–$2.0M). It has 2 locations.

Common questions

Who owns TLS Group?
TLS Group is owned by Wayne Kennedy (President), according to public sources such as the company's website or filings.
How much revenue does TLS Group make?
SeeBITDA estimates TLS Group's annual revenue at about $3.9M (likely between $1.2M and $6.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is TLS Group worth?
About $1.1M, roughly 2.3× its estimated EBITDA of $457K, typical for a specialty trade contractors company its size. Likely range: $250K–$2.0M.
When was TLS Group founded?
TLS Group has been in business since 1999.