Business For Sale Listing #BFS-158029:
AMEX or NASDAQ Merger Partner Wanted
Industry
Location
| Classification: |
US |
| Relocatable: |
Not Disclosed |
Financials
| Sales: |
Not Disclosed |
| Profits: |
Not Disclosed |
| Profit Type: |
Not Disclosed |
| Asking Price: |
Not Disclosed |
Business Summary
A Networking Solutions and RFID Solutions firm looking to merg with a break-even Nasdaq or Amex listed partner with identifiable synergies.
Our client has the following characteristics.
$41 million in backlog
$17 million in 2007 Revenue
$2.5 million in 2007 EBITDA
$20 million revenue run rate coming in 2008
$3.5 million EBITDA coming in 2008
The firms technologies are proprietary RFID solution and networking solution focused on local government
Fully reporting with annual audit (year end Dec 2008)
Went public through a merger with pink sheet traded shell and looking to list on major exchange via merger as well in a transaction that would allow for rapid growth of the combined companies even as each firm is run as standalone business with mgt teams intact.
Client has 1400 shareholders that would act as excellent pool of liquidity.
Client has recently closed an acquisition which will add $1 million EBITDA to ccombined companies
