Epic Development Group LLC

Johns Island, South Carolina

About Epic Development Group LLC

Company overview

Epic Development Group LLC is a real estate development and construction company specializing in custom home building and community development. Founded in 2003 by Kevin Flynn and Robby Robinson, the company is headquartered in Johns Island, South Carolina. Epic Development Group focuses on delivering high-quality residential and commercial projects, with an emphasis on integrity, trust, and community enhancement. The company operates primarily in the Charleston area, serving regions such as Kiawah Island, Seabrook Island, and Johns Island, and is dedicated to transforming communities through innovative real estate solutions. Business/Product Breakdown Epic Development Group LLC provides a range of real estate development and construction services, with a core focus on custom home construction, new home development, and project management. The company designs and builds custom homes tailored to client specifications, emphasizing high-quality craftsmanship and attention to detail. Its portfolio includes residential projects such as single-family homes and renovations, as well as commercial developments like office buildings and retail centers. Epic Development Group also engages in community improvement initiatives, aiming to energize and enhance local areas through strategic land use and development. The company holds a General Contractor license (CLG113390) for projects up to $100,000 and a Home Builders license, enabling it to undertake both residential and commercial construction. Operating in areas like Johns Island, Kiawah Island, and Folly Beach, Epic Development Group leverages its understanding of local real estate trends to deliver projects that align with community growth goals. The company's commitment to integrity and trust drives its client-focused approach, ensuring projects meet high standards and contribute to vibrant, sustainable communities.

Keywords

Revenue

Revenue

EBITDA

EBITDA

Valuation

Valuation
Income Statement
Line Item20242023202220212020
Revenues$380 MM$250 MM$90 MM$120 MM$65 MM
Gross Profit$190 MM$125 MM$45 MM$60 MM$32.50 MM
Net Income (Loss)$43 MM$25 MM$9 MM$12 MM$6.50 MM
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Balance Sheet
Line Item20242023202220212020
Total Assets$850 MM$720 MM$680 MM$650 MM$600 MM
Total Liabilities$450 MM$400 MM$380 MM$350 MM$320 MM
Total Equity$400 MM$320 MM$300 MM$300 MM$280 MM
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Ratios

Revenue / EBITDA
123 MM
Valuation / Revenue
123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee--------------------
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Jane DoeEmployee--------------------
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John DoeEmployee--------------------
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John DoeEmployee--------------------
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401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

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