Peripheral Systems, Inc.
How we got $2.7M
Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 44 years (since 1982)
- Founder still runs it after 44 years
- Family in the business (Jeff Redpath, Operations Mgr)
From public records and the company's website, not a statement that it's for sale.
What they do
PSI Security provides automatic gate opener installation, repair, maintenance, upgrades and access control management in Metro OKC and surrounding areas, serving residential homes, gated communities and commercial properties.
From the company's website. Industry: Commercial construction.
Customers & suppliers
Suppliers & brands
- AAS · brand it sells or installs
- Albano Electrronica · brand it sells or installs
- Allstar · brand it sells or installs
- AWID · brand it sells or installs
- BD Loops · brand it sells or installs
- CarTell · brand it sells or installs
- Chamberlain Automatic Gate Systems · brand it sells or installs
- Cellgate Automatic Gate Openers · brand it sells or installs
- Diablo Controls · brand it sells or installs
- DITEK · brand it sells or installs
- DKS Door King · brand it sells or installs
- Eagle-Access-Control-Systems · brand it sells or installs
- Chamberlain Elite · brand it sells or installs
- EPS Engineered Park Systems · brand it sells or installs
- EMX Industries · brand it sells or installs
Estimated value over time
▲ 28% 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
▼ 50% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 20 | $14.3M |
| 2020 | Form 5500 | 9 | $6.5M |
| 2021 | Form 5500 | 10 | $7.2M |
| 2022 | Form 5500 | 10 | $7.2M |
| 2023 | Form 5500 | 10 | $7.2M |
| 2024 | Form 5500 | 10 | $7.2M |
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 |
|---|---|---|
| PERIPHERAL SYSTEMS, INC. this business | $19.4M | — |
| SANDSTONE CONSTRUCTION, LLC Oklahoma City · 14 employees | $11.6M | 0.6 mi |
| TRINITY INVESTMENTS, INC Oklahoma City · 3 employees | $2.6M | 0.6 mi |
| CONCRETE PRODUCTS, INCOPORATED Oklahoma City · 15 employees | $10.4M | 1.5 mi |
| CLARK CONSTRUCTION Oklahoma City · 10 employees | $11.4M | 2.5 mi |
| TRINITY COMMERCIAL SALES, INC. Oklahoma City · 12 employees | $10.2M | 2.7 mi |
| SHIELD MANUFACTURING CORPORATION Oklahoma City · 4 employees | $3.3M | 2.8 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $19.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.6M |
| Estimate: the two combined (geometric mean) | $19.4M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $977K |
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 | $2.7M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.4M – $3.7M |
| Revenue range | $12.7M – $22.1M |
| EBITDA range | $643K – $1.1M |
| Industry (NAICS) | Commercial and Institutional Building Construction (236220) |
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
People & advisors
Leadership
- JRJeff RedpathOperations Mgr · Company website · source
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $175K | 20 |
| 3/2/2021 | second | $175K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Peripheral Systems, Inc.
Peripheral Systems, Inc. is a commercial construction company in Oklahoma City, Oklahoma, in business since 1982. It is owned by Pat Redpath (Owner and President). Its estimated annual revenue is about $19.4M, with roughly $977K of EBITDA. It has about 10 employees. Its estimated business value is $2.7M (likely range $1.4M–$3.7M).
Common questions
- Who owns Peripheral Systems, Inc.?
- Peripheral Systems, Inc. is owned by Pat Redpath (Owner and President), according to public sources such as the company's website or filings.
- How much revenue does Peripheral Systems, Inc. make?
- SeeBITDA estimates Peripheral Systems, Inc.'s annual revenue at about $19.4M (likely between $12.7M and $22.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Peripheral Systems, Inc. worth?
- About $2.7M, roughly 2.8× its estimated EBITDA of $977K, typical for a commercial construction company its size. Likely range: $1.4M–$3.7M.
- How many employees does Peripheral Systems, Inc. have?
- About 10, from its 2024 retirement-plan filing.
- When was Peripheral Systems, Inc. founded?
- Peripheral Systems, Inc. has been in business since 1982.
- Is Peripheral Systems, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 44 years (since 1982); founder still runs it after 44 years; family in the business (jeff redpath, operations mgr).