SeeBITDAOklahoma

United Dynamics Inc.

Other Foundation, Structure, and Building Exterior Contractors
Federal contractor
Estimated valueMedium confidence
$11.4M
$6.0Mlikely range$15.7M
About 6.3× its yearly profit, typical for a company this size in its industry.
Revenue
$17.7M
a year
Profit (EBITDA)
$1.8M
10% of revenue
Employees
40
reported in 2020
Leadership
Eric Minzenberger
Vice President · source · confirmed by 2 sources
Unlikely to sell soon
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $11.4M

Based on its 40 employees and its payroll, both reported for PPP in 2020 and brought up to date.

40 employees × $318K each$12.7M
PPP payroll ÷ payroll's usual share of revenue$19.0M
Shown toward the top of its range×1.14
Revenue$17.7M
× 10% profit margin$1.8M
× 6.3 sale multiple = value$11.4M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named
Federal contracts

Signs of a sale Unlikely to sell soon

  • In business 19 years (since 2007)

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

What they do

United Dynamics Inc. is a foundation contractor offering residential and commercial foundation repair, basement waterproofing, concrete leveling and restoration. It serves homeowners and business owners in Louisville, New Albany, Newburgh, Evansville and Indianapolis area.

Products & services
Foundation RepairBasement WaterproofingConcrete Leveling & RepairBrick & Lintel RepairHome Repair FinancingGuardian Customer Protection ProgramSoil nails, micropiles, and other foundation underpinningPier systemsPressure groutingHelical pier systemSump pump installationVapor barriers
Markets served
ResidentialCommercial
Service area
LouisvilleNew AlbanyNewburghEvansvilleIndianapolisIndianaKentucky

From the company's website. Industry: Other Foundation, Structure, and Building Exterior Contractors.

Customers & suppliers

Customers

  • Department of the Air Force · federal contracts $21.8M
  • Defense Logistics Agency · federal contracts $15.7M
  • U.S. Coast Guard · federal contracts $17K
  • Missile Defense Agency · federal contracts $500
  • Defense Contract Management Agency · federal contracts $-205K

Estimated value over time

▼ 13% since 2020
$0$11.1M$22.2M2020202120222023202420252026

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

▲ 15% since 2020
0501002020202120222023202420254046
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan40$9.6M$985K
2020Form 550035$8.4M$862K
2021Form 550051$12.3M$1.3M
2022Form 550045$10.8M$1.1M
2023Form 550050$12.0M$1.2M
2024Form 550045$10.8M$1.1M
2025Form 550046$11.1M$1.1M

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
UNITED DYNAMICS INC.
this business
$17.7M$1.8M—
AEROCOREX, LLC
Del City
$7.6M$778K28.6 mi
AEROKOOL X LLC
Oklahoma City · 3 employees
$2.3M$289K28.8 mi
MINT TURBINES, LLC
Stroud · 43 employees
$27.2M$2.6M29.5 mi
SOUTHWEST FUEL SYSTEMS, LLC
Stroud · 6 employees
$3.8M$445K29.5 mi
DAVIS THORPE CO. LLC
Moore · 2 employees
$1.1M$151K31.8 mi
AEROSPACE PRODUCTS S.E., INC.
Oklahoma City · 18 employees
$8.0M$821K33.2 mi

The full calculation

Employees reported to the SBA40
Revenue from headcount (employees × revenue per employee for companies this size)$12.7M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$19.0M
Estimate: the two combined (geometric mean)$17.7M
EBITDA margin (industry, adjusted for size)10%
EBITDA = revenue × margin$1.8M

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$11.4M
Multiple for this size and industry6.3×
Value range$6.0M – $15.7M
Revenue range$11.7M – $20.2M
EBITDA range$1.2M – $2.1M
Industry (NAICS)Other Foundation, Structure, and Building Exterior Contractors (238190)

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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

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

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$654K$658K39BancFirst
1/23/2021second$643K$648K40BancFirst

Public records

Federal contracts
HUBZone · Small business
Total, recent years$37.2M
FY2026$2.5M
FY2025$8.9M
FY2024$4.6M
FY2023$11.6M

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

About United Dynamics Inc.

United Dynamics Inc. is an other foundation, structure, and building exterior contractors company in Shawnee, Oklahoma, in business since 2007. It is owned by Eric Minzenberger (Vice President). Its estimated annual revenue is about $17.7M, with roughly $1.8M of EBITDA. It has about 46 employees. Its estimated business value is $11.4M (likely range $6.0M–$15.7M).

Common questions

Who owns United Dynamics Inc.?
United Dynamics Inc. is owned by Eric Minzenberger (Vice President), according to public sources such as the company's website or filings.
How much revenue does United Dynamics Inc. make?
SeeBITDA estimates United Dynamics Inc.'s annual revenue at about $17.7M (likely between $11.7M and $20.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is United Dynamics Inc. worth?
About $11.4M, roughly 6.3× its estimated EBITDA of $1.8M, typical for a other foundation, structure, and building exterior contractors company its size. Likely range: $6.0M–$15.7M.
How many employees does United Dynamics Inc. have?
About 46, from its 2025 retirement-plan filing.
When was United Dynamics Inc. founded?
United Dynamics Inc. has been in business since 2007.