Silver Star Construction Co, Inc
How we got $148.4M
Based on 203 employees on its 2024 401(k) filing.
What we know
Signs of a sale High sell likelihood
- In business 44 years (since 1982)
- Founder still runs it after 44 years
- 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
Silver Star Construction Co, Inc is a 100% employee-owned construction company in Moore, Oklahoma, offering asphalt paving, concrete, earthwork, and related services. It says it has been in business since 1981 and serves commercial, private, and state projects.
From the company's website. Industry: Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing.
Estimated value over time
▲ 7% 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
▼ 14% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 236 | $107.6M |
| 2020 | Form 5500 | 171 | $77.9M |
| 2021 | Form 5500 | 156 | $71.1M |
| 2022 | Form 5500 | 155 | $70.6M |
| 2023 | Form 5500 | 191 | $87.0M |
| 2024 | Form 5500 | 203 | $92.5M |
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 |
|---|---|---|
| SILVER STAR CONSTRUCTION CO, INC this business | $82.2M | — |
| PRO ACCESS RENTALS, LLC Oklahoma City · 44 employees | $10.8M | 4.9 mi |
| SAGE PUMP SERVICES, LP Oklahoma City · 70 employees | $17.6M | 6.6 mi |
| ELITE WASH INC. Oklahoma City · 3 employees | $499K | 6.8 mi |
| SMART IMAGE SYSTEMS INC. Oklahoma City · 9 employees | $1.6M | 8.4 mi |
| CROSSLAND'S A & A RENT-ALL & SALES CO. Oklahoma City · 43 employees | $8.4M | 8.5 mi |
| DAVIS BULLDOZING SERVICE, INC Norman · 2 employees | $577K | 9.0 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $148.4M |
| Multiple for this size and industry | 7.5× |
| Value range | $95.0M – $267.1M |
| Employees in its retirement plan (2024 Form 5500) | 203 |
| Industry revenue per employee | $456K |
| Revenue = employees × revenue per employee | $82.2M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $19.8M |
| For comparison: employees reported for PPP (2020) | 236 |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $65.8M – $123.3M |
| EBITDA range | $15.8M – $29.7M |
| Industry (NAICS) | Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing (532412) |
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. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Our founder, Steve Shawn, started our business with a small dump truck and a big vision.”
Leadership
- TCTIM CAUDLEPRESIDENT · Company website · source
- SLSANDY LUNDMARKCFO · Company website · source
- APAARON PARKERVP OF OPERATIONS · Company website · source
- MWMARY WILLIAMSHR DIRECTOR · Company website · source
- MMMIKE MAXSAFETY DIRECTOR · Company website · source
- JDJEFF DEATONGENERAL SUPERINTENDENT · Company website · source
- CHCLINT HURTASPHALT PLANT MANAGER · Company website · source
- JFJAKE FARLEYEQUIPMENT MANAGER · Company website · source
- BCBOB CRAWLEYOFFICE MANAGER · Company website · source
Advisors
- AccountingEide Bailly, LLPAudits its 401(k) plan (2024 filing)
- BankingArmstrong BankPPP / 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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $3.0M | 236 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Silver Star Construction Co, Inc
Silver Star Construction Co, Inc is a construction, mining, and forestry machinery and equipment rental and leasing company in Moore, Oklahoma, in business since 1982. It is owned by Steve Shawn (Founder). Its estimated annual revenue is about $82.2M, with roughly $19.8M of EBITDA. It has about 203 employees. Its estimated business value is $148.4M (likely range $95.0M–$267.1M).
Common questions
- Who owns Silver Star Construction Co, Inc?
- Silver Star Construction Co, Inc is owned by Steve Shawn (Founder), according to public sources such as the company's website or filings.
- How much revenue does Silver Star Construction Co, Inc make?
- SeeBITDA estimates Silver Star Construction Co, Inc's annual revenue at about $82.2M (likely between $65.8M and $123.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Silver Star Construction Co, Inc worth?
- About $148.4M, roughly 7.5× its estimated EBITDA of $19.8M, typical for a construction, mining, and forestry machinery and equipment rental and leasing company its size. Likely range: $95.0M–$267.1M.
- How many employees does Silver Star Construction Co, Inc have?
- About 203, from its 2024 retirement-plan filing.
- When was Silver Star Construction Co, Inc founded?
- Silver Star Construction Co, Inc has been in business since 1982.
- Is Silver Star Construction Co, 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; no family successor named on its website.