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GET A PIECE OF SUMMIT ENVIRONMENTAL CONTRACTORS
Environmental Solutions for a Sustainable Future
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REASONS TO INVEST
TEAM
David Aronne • CEO
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W. Richard Laton • Director
Dr. Laton's eduation includes a Ph.D. in Geology from Western Michigan University, M.S., in Environmental Earth Sciences from Western Michigan University, and a B.S. in Earth Science from Saint Cloud University.
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David K. Gold • Director
Mr. Gold holds a Master of Science degree in Industrial Hygiene, as well as a Bachelor of Science degree in Health Science/Environmental and Occupational Health from the University of Southern California.
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OVERVIEW
The need for sustainable solutions to help modernize the nation’s transportation system has never been greater. In 2021 the US government passed a $1 trillion budget for nationwide infrastructure projects, including $44 billion in California alone. With a stable, growing revenue base, significant market expansion opportunities, and a forward-thinking plan, we believe Summit is positioned for significant growth by providing sustainable solutions for a resilient infrastructure and healthy environment.
To maximize this opportunity, Summit needs capital to grow and expand our operations. This gives investors the opportunity to invest in a proven contractor with more than 10 years of experience. Come join us in creating the future.
Valley View Contaminated Groundwater Treatment
Project Name: Caltrans Valley View Interchange
Summit works directly with infrastructure contractors and public agencies to identify and remediate environmental pollution, including soil and water contamination and remediate environmental concerns.
Case Study:
OCTA Raymond Avenue Grade Separation
The Orange County Transportation Authority (OCTA) hired Summit to provide environmental contracting and consulting services as part of the Burlington Northern Santa Fe (BNSF), Raymond Avenue Grade Separation project. This project was critical in reducing the vehicle congestion at this busy commercial train intersection. Due to past railroad usage significant contamination existed within the construction footprint - consequently prior to the construction Summit performed the following services:
- The collection and analysis of 230 soil samples collected along an approximate 4,800 foot stretch of railroad track and public right of way.
- Summit performed statistical analysis of the laboratory results to determine the waste characterization.
- Summit then provided the transportation and disposal for 80,000 tons of contaminated and hazardous material.
- The majority being repurposed for beneficial reuse.
THE PROBLEM
Environmental Pollution Issues are Detrimental to Our Future
Environmental pollution can be detrimental to infrastructure modernization and may cause project delays and health hazards. We believe the nation’s current infrastructure is outdated and needs to be modernized to provide for a more sustainable and healthier environment for the future.
THE SOLUTION
Green Solutions for a Sustainable Future
Summit provides environmental-based solutions for all aspects of construction infrastructure projects. Using advanced modeling and statistical technology, we quantify environmental issues in advance of construction.
By removing and recycling environmental pollution, Summit is helping provide a green, more sustainable, and modern infrastructure, resulting in reduced air emissions and more efficient public transportation system.
what we do
THE MARKET
Demand for Infrastructure Projects Is Greater Than Ever
With the new infrastructure bill, major construction companies and stakeholders are becoming more and more concerned with green infrastructure and the future of construction. According to the White House Fact Sheet, "America’s transit infrastructure is inadequate and in need of replacement" (White House, 2021). This is just the beginning. With a new budget of $550 billion, which is the largest federal investment to date; infrastructure and sustainability will pave the way for the future and is geared to take on green ideas such as zero emissions, low carbon technologies and more environmental savvy approaches to building.
At Summit, our projected total addressable market size for infrastructure projects in California is $44 billion for 2020-2026. We have over 325 prospects and are targeting five distinct markets: contractors, industry, government, consultants, and developers.
HOW WE ARE DIFFERENT
A Case Study with the California Department of Transportation
We believe what sets Summit apart from our competition is our unique blend of science, technology, and environmental contracting. In addition, a significant portion of the material removed by Summit is repurposed for beneficial reuse.
Summit provided both in charge environmental consulting and contracting services for the 200 million dollar Valley View interchange construction project for the California Department of Transportation (Caltrans). The construction job consisted of the widening of both the Valley View overcrossing and the I-5 freeway. As part of the construction, thirteen industrial properties and several government owned parcels previously determined to be contaminated were required to be excavated, stockpiled, sampled, characterized, and transported for proper disposal.
Summit's scope of services included the completion of the following plans: Site-Specific Health and Safety Plan, Sampling and Analysis Plan, Excavation Plan, Transportation Plan, and a Stockpile Management Plan. The field services provided included the sampling and analytical testing for 1200 stockpiles and 6000 samples and the characterization, transportation and beneficial reuse for more than 42,000 tons of contaminated material. In addition, Summit performed dewatering, sampling, and liquid disposal for more than 400,000 gallons of contaminated groundwater.
OUR TRACTION
Reaching Milestones, One Green Project at a Time
In 2020, Summit reached approximately $4 million in sales with a gross profit of $1.5 million.
- Our cumulative revenue for the past three years exceeded $10 million.
- Recent contracts awards of $9 million.
- Summit works with more than 50 infrastructure companies and that number is growing each year.
- We secured a four year contract for ongoing services on a Los Angeles County Metropolitan Transportation Authority railroad modification project through 2025.
- The marketplace for infrastructure is estimated at $1 trillion for 2022.
- Significant work opportunities with existing client base.
OUR VISION
Our vision is to dramatically increase market share through greater marketing efforts in order to capitalize on the rapidly growing infrastructure market.
To build on our success through steady growth, increased profitability, and extended services. Our focus is to provide our customers with exceptional services without sacrificing the quality or safety of our work.
WHY INVEST
Significant Market Value
Summit has developed into a successful company, with revenues of more than $10 million during the past three years. By providing the environmental based solutions required to support infrastructure and reduce global warming.The environmental infrastructure industry is booming and we believe there is unparalleled potential to expand our company now to take advantage of this opportunity.
- The current budget for infrastructure construction in 2022 will be more than $1 trillion.
- We believe Summit is positioned to capitalize on this opportunity and dramatically expand our business.
- Our current backlog of close to $10 million and future opportunities should allow us to gain significant market share.
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ABOUT
HEADQUARTERS
33161 Camino Capistrano, Suite F
San Juan Capistrano, CA 92675
WEBSITE
View Site
TERMS
Summit Environmental Contractors
Overview
PRICE PER SHARE
$1
DEADLINE
Jul. 1, 2022 at 6:59 AM UTC
VALUATION
$19.5M
FUNDING GOAL
$10K - $1.07M
Breakdown
MIN INVESTMENT
$250
MAX INVESTMENT
$107,000
MIN NUMBER OF SHARES OFFERED
10,000
MAX NUMBER OF SHARES OFFERED
1,069,999
OFFERING TYPE
Equity
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See bonus info below.
Voting Rights of Securities Sold in this Offering
Each Investor shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Investor’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Investor, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Investor pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Investor is an individual, will survive the death, incompetency and disability of the Investor and, so long as the Investor is an entity, will survive the merger or reorganization of the Investor or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Investment Incentives*
Invest $2,000 - Receive 5% Bonus Shares
Invest $5,000 - Receive 10% Bonus Shares
Invest $10,000 - Receive 20% Bonus Shares
Invest $25,000 - Receive 30% Bonus Shares
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Aro Industries, Incorporated (d/b/a Summit Environmental Contractors) will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.00 / share, you will receive 10 additional shares of Common Stock, meaning you'll own 110 Common Stock shares for $100. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
ALL UPDATES
REWARDS
Venture Club
Venture Club Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
$2,000
$2,000+ Tier
5% Bonus Shares
$5,000
$5,000+ Tier
10% Bonus Shares
$10,000
$10,000+ Tier
20% Bonus Shares
$25,000
$25,000+ Tier
30% Bonus Shares
JOIN THE DISCUSSION
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Felix Vayssieres
3 years ago
Hello, I like what you guys are doing. Can you talk some about your future plans and what scaling up looks like for a company in your industry? What are the challenges and benefits of scaling? How do you plan on eventually repaying investors? IPO? Dividends? M&A? Thanks
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Rachel Banach
3 years ago
I am very interested in your business due to your focus on the environment and infrastructure. How are your YTD results looking so far? What has been the impact of the infrastructure bill on your company?
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Alan Charles
3 years ago
Admittedly I don't have a lot of patience for financial documents. From personal experience, I understand your business. The pitch is good based on solid assumptions but.... I've skimmed this offering twice and can't seem to find the pro forma investor returns target. What is it and when? Why do companies bury this in an encyclopedia of data!
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Jessica Bihari
3 years ago
Where do you see the majority of your revenues being generated from ? Specifically, what type of services are included in this revenue stream?
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Alex Schmidt
3 years ago
How do you see the one trillion dollar Infrastructure Bill impacting your company?
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Carmelia Matsko
3 years ago
Roughly, how many employees do have? And, how much debt if any?
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Michael Nadler
3 years ago
How long has the company been in business and was first year of revenue also the first year in business? What have been the growth rates of the business for revenue and earnings? Although most companies being crowdfunded here aren't profitable, and yours is one of the few. Although I would like to say congratulations, 7-8% net margins in your most recent fiscal year end isn't all that interesting. Lastly talk consulting to me- what's unique in terms of the competition and why should a project seeker choose your company over a competitor? There's no one else out there doing the different services you provide under one umbrella?
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Joseph Marino
3 years ago
I am very interested in companies that recycle/repurpose contaminated material. Would you please give details how you accomplish this for contaminated soil and water. Thank you.
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David Madden
3 years ago
What's 2021 Gross Revenue? Valuation of $20m on 1.5m in profit is what I would consider to be "high" - are you expecting a better than market growth rate, and why?
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joseph Puccio
3 years ago
What companies have sold for such a high multiple of sales?
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