Wallace Engineering - Structural Consultants, Inc
How we got $61.2M
Based on 291 employees on its 2024 401(k) filing.
What we know
Estimated value over time
▲ 122% 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
▲ 79% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 163 | $35.6M |
| 2020 | Form 5500 | 163 | $35.6M |
| 2021 | Form 5500 | 179 | $39.1M |
| 2022 | Form 5500 | 239 | $52.2M |
| 2023 | Form 5500 | 290 | $63.4M |
| 2024 | Form 5500 | 291 | $63.6M |
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 |
|---|---|---|
| WALLACE ENGINEERING - STRUCTURAL CONSULTANTS, INC this business | $69.5M | — |
| Moomat Llc Tulsa | $929K | 0.1 mi |
| KSQ ARCHITECTS, PC Tulsa · 51 employees | $12.2M | 0.1 mi |
| BLACK MESA PRODUCTION LLC Tulsa | $2.3M | 0.2 mi |
| Shipzen Tulsa | $929K | 0.2 mi |
| THIRD BRANCH ENGINEERING, LLC Tulsa · 1 employees | $538K | 0.2 mi |
| Code Authority Custom Software Development Tulsa 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 | $61.2M |
| Multiple for this size and industry | 7.5× |
| Value range | $39.2M – $110.1M |
| Employees in its retirement plan (2024 Form 5500) | 291 |
| Industry revenue per employee | $219K |
| Revenue = employees × revenue per employee | $69.5M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $8.2M |
| For comparison: employees reported for PPP (2020) | 163 |
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 | $55.6M – $104.2M |
| EBITDA range | $6.5M – $12.2M |
| 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
Advisors
- AccountingHood And Associates CPAS, PCAudits its 401(k) plan (2024 filing)
- BankingAmerican Heritage 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
| American Heritage Bank PPP 2020 | All 446 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 | $2.5M | 163 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Wallace Engineering - Structural Consultants, Inc
Wallace Engineering - Structural Consultants, Inc is an engineering & architecture company in Tulsa, Oklahoma. It is owned by Tom Wallace (Founder). Its estimated annual revenue is about $69.5M, with roughly $8.2M of EBITDA. It has about 291 employees. Its estimated business value is $61.2M (likely range $39.2M–$110.1M).
Common questions
- Who owns Wallace Engineering - Structural Consultants, Inc?
- Wallace Engineering - Structural Consultants, Inc is owned by Tom Wallace (Founder), according to public sources such as the company's website or filings.
- How much revenue does Wallace Engineering - Structural Consultants, Inc make?
- SeeBITDA estimates Wallace Engineering - Structural Consultants, Inc's annual revenue at about $69.5M (likely between $55.6M and $104.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wallace Engineering - Structural Consultants, Inc worth?
- About $61.2M, roughly 7.5× its estimated EBITDA of $8.2M, typical for a engineering & architecture company its size. Likely range: $39.2M–$110.1M.
- How many employees does Wallace Engineering - Structural Consultants, Inc have?
- About 291, from its 2024 retirement-plan filing.