Tma Systems LLC
How we got $16.1M
Based on its 68 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 28 years (since 1998)
- Founder still runs it after 28 years
From public records and the company's website, not a statement that it's for sale.
What they do
TMA Systems provides CMMS, enterprise asset management, calibration management, alarm management and risk management software for facilities and maintenance teams. It serves organizations across sectors such as healthcare, education, government and manufacturing.
From the company's website. Industry: IT & software.
Customers & suppliers
Customers
- Federal Law Enforcement Training Center · federal contracts $566K
- Defense Information Systems Agency · federal contracts $429K
- Indian Health Service · federal contracts $-64K
- The Gathering Place · named on its website
- Cameron University · named on its website
- City of Belmont · named on its website
- Red Roof Inn · named on its website
- University of Illinois Urbana-Champaign · named on its website
- IGS Energy · named on its website
- Laminex · named on its website
Suppliers & brands
- Fluke · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Laredo Petroleum · Tulsa, 2 mi · $1.95B
- Aaon, Inc. · Tulsa, 3 mi · $1.44B
- JCL SAFETY SERVICES, LLC · Tulsa, 8 mi · $1.02B
- XCALIBER INTERNATIONAL, LTD · Pryor, 41 mi · $615.3M
- KELVION INC. · Catoosa, 14 mi · $614.3M
Estimated value over time
▲ 37% 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
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 68 | $15.9M |
| 2020 | Form 5500 | 60 | $14.0M |
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 |
|---|---|---|
| TMA SYSTEMS LLC this business | $21.8M | — |
| ASTRA SOLUTIONS, LLC Tulsa · 4 employees | $2.0M | 0.3 mi |
| MELONI JANZEN DESIGNS LLC Tulsa · 2 employees | $840K | 0.3 mi |
| CAPSPIRE INC Tulsa | $65.8M | 0.8 mi |
| STRAXIS LLC Tulsa · 5 employees | $2.1M | 0.8 mi |
| AVIRODHA CONSULTING GROUP LLC Tulsa · 2 employees | $1.3M | 1.2 mi |
| IDEATE PROJECT INC Tulsa | $1.9M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 68 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $21.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.9M |
| Estimate: the two combined (geometric mean) | $21.8M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $2.9M |
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 | $16.1M |
| Multiple for this size and industry | 5.5× |
| Value range | $8.5M – $22.0M |
| Revenue range | $14.4M – $24.9M |
| EBITDA range | $1.9M – $3.3M |
| Industry (NAICS) | Custom Computer Programming Services (541511) |
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
- PHPatti HickeySigned for the company · 2020 retirement-plan filing (Form 5500)
Advisors
- BankingCrossFirst 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
| CrossFirst Bank PPP 2020 | All 299 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $883K | 68 |
2 locations
| 1876 UTICA SQ #3 | Tulsa | This listing |
| 5100 E Skelly Dr Ste 900 | 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 Tma Systems LLC
Tma Systems LLC is an it & software company in Tulsa, Oklahoma, in business since 1998. It is owned by Gary Schaecher (Founder). Its estimated annual revenue is about $21.8M, with roughly $2.9M of EBITDA. It has about 60 employees. Its estimated business value is $16.1M (likely range $8.5M–$22.0M). It has 2 locations.
Common questions
- Who owns Tma Systems LLC?
- Tma Systems LLC is owned by Gary Schaecher (Founder), according to public sources such as the company's website or filings.
- How much revenue does Tma Systems LLC make?
- SeeBITDA estimates Tma Systems LLC's annual revenue at about $21.8M (likely between $14.4M and $24.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tma Systems LLC worth?
- About $16.1M, roughly 5.5× its estimated EBITDA of $2.9M, typical for a it & software company its size. Likely range: $8.5M–$22.0M.
- How many employees does Tma Systems LLC have?
- About 60, from its 2020 retirement-plan filing.
- When was Tma Systems LLC founded?
- Tma Systems LLC has been in business since 1998.
- Is Tma Systems LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 28 years (since 1998); founder still runs it after 28 years.