Freese and Nichols
- Tricia Hatley, PEChief Strategy Officer and Executive Vice President for Oper · Company website
- Kevin Johnson, PEExecutive Vice President for Operations · Company website
- Jeff Payne, PEChief Operating Officer · Company website
- Gwen Perez, CPAChief Financial Officer · Company website
- Richard Weatherly, PEChief Business Development Officer · Company website
How we got $1.7M
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 132 years (since 1894)
- Family in the business (Jeff Payne, PE, Chief Operating Officer)
From public records and the company's website, not a statement that it's for sale.
What they do
Freese and Nichols is an infrastructure consulting and engineering firm that plans, designs and manages infrastructure projects for clients including cities, counties, water districts, transportation agencies, federal agencies and higher education institutions.
From the company's website. Industry: Engineering & architecture.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Freese and Nichols this business | $4.9M | — |
| HDR Tulsa | $2.4M | 0.0 mi |
| Maintenance Partner Tulsa | $2.0M | 0.0 mi |
| Geek Squad Tulsa | $2.0M | 0.3 mi |
| Riverbend Nutrition Ctr Tulsa | $2.0M | 0.4 mi |
| Simple Business Support Tulsa | $2.0M | 0.4 mi |
| Ottofly Tulsa | $2.0M | 0.4 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 | $1.7M |
| Multiple for this size and industry | 3.5× |
| Value range | $398K – $3.2M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Engineering Services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (10%). Treat these as a rough guide.
| Revenue range | $1.4M – $7.8M |
| EBITDA range | $142K – $769K |
| Industry (NAICS) | Engineering Services (541330) |
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
“Founded in 1894, we offer stability as a long-term trusted advisor and use our national expertise to meet contemporary challenges.”
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
| 5100 E Skelly Dr Ste 602 | Tulsa | This listing |
| 4200 E Skelly Dr Ste 410 | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Freese and Nichols
Freese and Nichols is an engineering & architecture company in Tulsa, Oklahoma, in business since 1894. It is owned by Brian Coltharp, PE (President and CEO). Its estimated annual revenue is about $4.9M, with roughly $483K of EBITDA. Its estimated business value is $1.7M (likely range $398K–$3.2M). It has 2 locations.
Common questions
- Who owns Freese and Nichols?
- Freese and Nichols is owned by Brian Coltharp, PE (President and CEO), according to public sources such as the company's website or filings.
- How much revenue does Freese and Nichols make?
- SeeBITDA estimates Freese and Nichols's annual revenue at about $4.9M (likely between $1.4M and $7.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Freese and Nichols worth?
- About $1.7M, roughly 3.5× its estimated EBITDA of $483K, typical for a engineering & architecture company its size. Likely range: $398K–$3.2M.
- When was Freese and Nichols founded?
- Freese and Nichols has been in business since 1894.