SeeBITDAOklahoma

The Persimmon Group LLC

  • 11 E 5th St Ste 300, Tulsa, OK
  • Since 2004
Estimated valueMedium confidence
$6.5M
$3.4Mlikely range$9.0M
About 5.4× its yearly profit, typical for a company this size in its industry.
Revenue
$8.4M
a year
Profit (EBITDA)
$1.2M
14% of revenue
Employees
18
reported in 2021
Bill Fournet
Founder · source
Some signs of a sale

How we got $6.5M

Based on its 18 employees and its payroll, both reported for PPP in 2021 and brought up to date.

18 employees × $310K each$5.6M
PPP payroll ÷ payroll's usual share of revenue$9.8M
Shown toward the top of its range×1.14
Revenue$8.4M
× 14% profit margin$1.2M
× 5.4 sale multiple = value$6.5M

· Own this business? Correct these figures

What we know

PPP loan, 2021
401(k) filing, 2024
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 22 years (since 2004)
  • Founder still runs it after 22 years

From public records and the company's website, not a statement that it's for sale.

What they do

The Persimmon Group is a business consulting firm that helps organizations build competitive strategy, execute strategic projects, and develop talent needed to support growth.

Products & services
Executive coachingOrganizational transformation consultingStrategy developmentProject Management ConsultingPMO ServicesPM TrainingProject StaffingLearning & DevelopmentBook a SpeakerPublic Class SchedulePrivate Classes & ProgramsLeadership & Strategy
Markets served
TechnologyRetailManufacturerEnergy Tech

From the company's website. Industry: IT & software.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Manufacturing

Estimated value over time

▲ 19% since 2020
$0$4.4M$8.8M202020212022202320242026

Today'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

▲ 33% since 2021
02550202020212022202320241824
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2021PPP loan18$4.3M$618K
2020Form 550021$5.0M$721K
2021Form 550018$4.3M$618K
2022Form 550022$5.2M$755K
2023Form 550023$5.5M$789K
2024Form 550024$5.7M$824K

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

BusinessEst. revenueEst. profitDistance
THE PERSIMMON GROUP LLC
this business
$8.4M$1.2M—
CAPSPIRE, INC
Tulsa · 76 employees
$35.3M$4.7M0.0 mi
CREDITPOINT SOFTWARE, LLC
Tulsa · 11 employees
$5.2M$850K0.0 mi
POINT AND CLICK COMPUTER CONSULTING
Tulsa · 8 employees
$2.4M$439K0.1 mi
MORPHED TECHNOLOGIES INC
Tulsa · 3 employees
$1.0M$202K0.1 mi
W ENERGY SOFTWARE, L.L.C.
Tulsa · 248 employees
$57.8M$7.7M0.2 mi
WTI HOLDINGS LLC
Tulsa · 142 employees
$70.7M$9.5M0.2 mi

The full calculation

Employees reported to the SBA18
Revenue from headcount (employees × revenue per employee for companies this size)$5.6M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$9.8M
Estimate: the two combined (geometric mean)$8.4M
EBITDA margin (industry, adjusted for size)14%
EBITDA = revenue × margin$1.2M

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$6.5M
Multiple for this size and industry5.4×
Value range$3.4M – $9.0M
Revenue range$5.5M – $9.6M
EBITDA range$798K – $1.4M
Industry (NAICS)Computer Facilities Management Services (541513)

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

Advisors

  • BankingBOKF, National AssociationPPP / 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

BOKF, National Association
PPP 2021
All 2,399 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
3/8/2021second$362K$365K18BOKF, National Association

Public records

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

About The Persimmon Group LLC

The Persimmon Group LLC is an it & software company in Tulsa, Oklahoma, in business since 2004. It is owned by Bill Fournet (Founder). Its estimated annual revenue is about $8.4M, with roughly $1.2M of EBITDA. It has about 24 employees. Its estimated business value is $6.5M (likely range $3.4M–$9.0M).

Common questions

Who owns The Persimmon Group LLC?
The Persimmon Group LLC is owned by Bill Fournet (Founder), according to public sources such as the company's website or filings.
How much revenue does The Persimmon Group LLC make?
SeeBITDA estimates The Persimmon Group LLC's annual revenue at about $8.4M (likely between $5.5M and $9.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is The Persimmon Group LLC worth?
About $6.5M, roughly 5.4× its estimated EBITDA of $1.2M, typical for a it & software company its size. Likely range: $3.4M–$9.0M.
How many employees does The Persimmon Group LLC have?
About 24, from its 2024 retirement-plan filing.
When was The Persimmon Group LLC founded?
The Persimmon Group LLC has been in business since 2004.