MECHANICAL PIPE & SUPPLY · SEPTEMBER 2026
MPS acquisition
decision brief.
TTM earnings, supplier ownership,
relationship continuity and acquisition risks.
Nashville, Tennessee / First draft / Investment research
12 MONTHS TO AUGUST 2026
$24.26m
Total Income
$4.08m
Reconstructed EBITDA · 16.83% margin
Unaudited workbook figures. Normalization and transferability remain open.
THE INVESTMENT QUESTION
Book EBITDA is $4.08m. Sustainable post-close earnings and supplier continuity remain unverified.