Tulsa Engineering & Planning Associates, Inc.
How we got $3.3M
Based on 23 employees on its 2025 401(k) filing.
What we know
Signs of a sale High sell likelihood
- In business 49 years (since 1977)
- Founder still runs it after 49 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
Tulsa Engineering & Planning Associates is a full-service civil engineering firm in business since 1977, serving clients in Tulsa and Northeast Oklahoma. It offers land planning, civil engineering, stormwater engineering, land surveying and project management.
From the company's website. Industry: Engineering & architecture.
Customers & suppliers
Customers
- AEP / PSO · named on its website
- BancFirst · named on its website
- Bass Pro Shops · named on its website
- Chick Fil-A · named on its website
- City of Tulsa · named on its website
- City of Bixby · named on its website
- City of Broken Arrow · named on its website
- City of Glenpool · named on its website
- Dollar General · named on its website
- Forest Ridge · named on its website
- Indian Health Care Resource Center · named on its website
- Magellan Midstream Partners, LP · named on its website
- Oral Roberts University · named on its website
- Owasso Land Trust · named on its website
- St. John Medical · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- WILLIAMS CONSTRUCTION CO · Pryor, 33 mi · $135.9M
- THE ROSS GROUP · Tulsa, 8 mi · $115.5M
- THE FLEMING CONSTRUCTION GROUP, LLC · Tulsa, 2 mi · $110.5M
- ELLSWORTH CONSTRUCTION, LLC · Tulsa, 9 mi · $102.7M
- JENKINS CONSTRUCTION SERVICES, INC · Muskogee, 41 mi · $97.4M
Estimated value over time
▲ 68% 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
▲ 35% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 17 | $3.7M |
| 2020 | Form 5500 | 16 | $3.5M |
| 2021 | Form 5500 | 18 | $3.9M |
| 2022 | Form 5500 | 18 | $3.9M |
| 2023 | Form 5500 | 24 | $5.2M |
| 2024 | Form 5500 | 21 | $4.6M |
| 2025 | Form 5500 | 23 | $5.0M |
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 |
|---|---|---|
| TULSA ENGINEERING & PLANNING ASSOCIATES, INC. this business | $5.3M | — |
| ICD, LLC Tulsa · 3 employees | $765K | 0.1 mi |
| EADS & ASSOCIATES OF OKLAHOMA, INC. Tulsa · 7 employees | $3.1M | 0.1 mi |
| Tektronix Calibration And Testing Lab Tulsa | $929K | 0.1 mi |
| Electra Link Tulsa | $929K | 0.1 mi |
| Odum Machine & Tool Tulsa | $929K | 0.2 mi |
| Castlecom Tulsa | $929K | 0.2 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 | $3.3M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.1M – $5.9M |
| Employees in its retirement plan (2025 Form 5500) | 23 |
| Industry revenue per employee | $219K |
| Revenue = employees × revenue per employee | $5.3M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $759K |
| For comparison: employees reported for PPP (2020) | 17 |
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 | $4.2M – $7.9M |
| EBITDA range | $608K – $1.1M |
| 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. Full methodology
People & advisors
“Tulsa Engineering & Planning Associates, Inc. (tep) was founded in 1977 by Jerry Ledford P.E., P.L.S., CFM.”
Leadership
- RKRussell K. FischerPresident / Sr. Project Engineer · Company website · source
- JTJack TaberChief Executive Officer · Company website · source
- KRKirk RichardsonChief Operating Officer · Company website · source
- BCBrent CoxManager of Engineering · Company website · source
Advisors
- BankingSecurity 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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $237K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tulsa Engineering & Planning Associates, Inc.
Tulsa Engineering & Planning Associates, Inc. is an engineering & architecture company in Tulsa, Oklahoma, in business since 1977. It is owned by Jerry Ledford (Founder). Its estimated annual revenue is about $5.3M, with roughly $759K of EBITDA. It has about 23 employees. Its estimated business value is $3.3M (likely range $2.1M–$5.9M).
Common questions
- Who owns Tulsa Engineering & Planning Associates, Inc.?
- Tulsa Engineering & Planning Associates, Inc. is owned by Jerry Ledford (Founder), according to public sources such as the company's website or filings.
- How much revenue does Tulsa Engineering & Planning Associates, Inc. make?
- SeeBITDA estimates Tulsa Engineering & Planning Associates, Inc.'s annual revenue at about $5.3M (likely between $4.2M and $7.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tulsa Engineering & Planning Associates, Inc. worth?
- About $3.3M, roughly 4.3× its estimated EBITDA of $759K, typical for a engineering & architecture company its size. Likely range: $2.1M–$5.9M.
- How many employees does Tulsa Engineering & Planning Associates, Inc. have?
- About 23, from its 2025 retirement-plan filing.
- When was Tulsa Engineering & Planning Associates, Inc. founded?
- Tulsa Engineering & Planning Associates, Inc. has been in business since 1977.
- Is Tulsa Engineering & Planning Associates, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 49 years (since 1977); founder still runs it after 49 years; no family successor named on its website.