Wilspec Technologies Inc
How we got $6.2M
Based on its 23 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 26 years (since 2000)
- Founder still runs it after 26 years
From public records and the company's website, not a statement that it's for sale.
What they do
Wilspec Technologies, Inc. is a global manufacturer of pressure switches and sensors, electrical controls, and valve and line components, designed and built for customers in HVAC and refrigeration, food service equipment, mobile, and industrial markets.
From the company's website. Industry: Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- UNITED MECHANICAL, INC. · Oklahoma City, 10 mi · $77.1M
- HARRISON-ORR AIR CONDITIONING, LLC · Oklahoma City, 11 mi · $77.1M
- AIR COMFORT SOLUTIONS LLC · Moore, 11 mi · $72.8M
- H&H PLUMBING AND UTILITIES INC. · Goldsby, 21 mi · $57.5M
- STREETS, LLC · Oklahoma City, 8 mi · $44.1M
- ACKERMAN MCQUEEN INC · Oklahoma City, 9 mi · $70.0M
- ROBYN HOLDINGS, LLC · Oklahoma City, 10 mi · $23.9M
- SAXUM STRATEGIC COMMUNICATIONS LLC · Oklahoma City, 9 mi · $18.4M
- FMG NORTH TEXAS, LLC · Norman, 22 mi · $13.8M
- INSIGHT CREATIVE GROUP, INC. · Oklahoma City, 9 mi · $11.8M
Estimated value over time
▲ 32% 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
▲ 74% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 23 | $6.2M |
| 2020 | Form 5500 | 35 | $9.4M |
| 2021 | Form 5500 | 36 | $9.7M |
| 2022 | Form 5500 | 46 | $12.3M |
| 2023 | Form 5500 | 38 | $10.2M |
| 2024 | Form 5500 | 41 | $11.0M |
| 2025 | Form 5500 | 40 | $10.7M |
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 |
|---|---|---|
| WILSPEC TECHNOLOGIES INC this business | $13.1M | — |
| JAGUAR METER SERVICE INC. Oklahoma City · 3 employees | $1.6M | 9.7 mi |
| TITAN ES, LLC Moore · 33 employees | $13.1M | 10.0 mi |
| ION MACHINING SERVICE, LLC Moore · 4 employees | $1.9M | 11.0 mi |
| EDWARDS ENVIRONMENTAL CORPORATION Oklahoma City · 2 employees | $1.3M | 11.9 mi |
| TALLGRASS OPEN MRI LLC Oklahoma City · 4 employees | $3.5M | 12.0 mi |
| ION MACHINING SERVICE LLC Oklahoma City · 2 employees | $1.4M | 12.9 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.1M |
| Estimate: the two combined (geometric mean) | $13.1M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $1.3M |
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 | $6.2M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.3M – $8.5M |
| Revenue range | $8.6M – $14.9M |
| EBITDA range | $865K – $1.5M |
| Industry (NAICS) | Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512) |
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
People & advisors
“Founded in 2000, Wilspec Technologies, Inc. is a privately-held company headquartered in Oklahoma City, Oklahoma, with operations throughout North America, Europe, Asia, India, and the Middle East.”
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
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $416K | 23 |
| 2/3/2021 | second | $416K | 23 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Wilspec Technologies Inc
Wilspec Technologies Inc is an automatic environmental control manufacturing for residential, commercial, and appliance use company in Oklahoma City, Oklahoma, in business since 2000. It is owned by Larry Wilhelm (Founder and CEO). Its estimated annual revenue is about $13.1M, with roughly $1.3M of EBITDA. It has about 40 employees. Its estimated business value is $6.2M (likely range $3.3M–$8.5M).
Common questions
- Who owns Wilspec Technologies Inc?
- Wilspec Technologies Inc is owned by Larry Wilhelm (Founder and CEO), according to public sources such as the company's website or filings.
- How much revenue does Wilspec Technologies Inc make?
- SeeBITDA estimates Wilspec Technologies Inc's annual revenue at about $13.1M (likely between $8.6M and $14.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wilspec Technologies Inc worth?
- About $6.2M, roughly 4.7× its estimated EBITDA of $1.3M, typical for a automatic environmental control manufacturing for residential, commercial, and appliance use company its size. Likely range: $3.3M–$8.5M.
- How many employees does Wilspec Technologies Inc have?
- About 40, from its 2025 retirement-plan filing.
- When was Wilspec Technologies Inc founded?
- Wilspec Technologies Inc has been in business since 2000.
- Is Wilspec Technologies Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 26 years (since 2000); founder still runs it after 26 years.