2022 has been a successful year for Bayview Services, marked by significant milestones and achievements. One of the most notable highlights of the year was the acquisition of Bluewater and CBR, which not only brought in new business but also added 15 new ESOP employees to the Bayview team. This acquisition has strengthened Bayview’s position in the market and provided opportunities for industry growth.
Bayview also expanded its Safety division, which has been a key focus area for the company. This expansion has enabled Bayview to offer a more comprehensive range of safety services to its clients, ensuring that they meet the highest safety standards and compliance requirements.
In terms of financial performance, Bayview Services achieved its highest revenue ever in 2022, with a total of $70 million. The company also saw a significant increase in its backlog, with $40 million backlogged compared to $36 million at the same time last year. This backlog is a testament to Bayview’s strong reputation and expertise in the industry, as well as its ability to secure long-term contracts and maintain strong relationships with its clients.
Looking ahead, Bayview Services is well-positioned for continued growth and success. The company’s strategic investments in its Safety division and acquisition of Bluewater and CBR have laid a strong foundation for even more future expansion. Bayview remains committed to providing exceptional service to its clients, maintaining a strong culture of safety and excellence, and continuing to drive growth and success in the industry.