Buy a business at MergerNetwork.com
MergerNetwork - Research and Find Businesses For Sale
View Listing Details

Business For Sale Listing 158029

AMEX or NASDAQ Merger Partner Wanted

Status as of Jan-7-2009 at 05:59 PM: Off The Market

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


Categories

Industry:
Location:
Other:

Industry

Sector: Finance & Insurance
Industry: Public Shell Companies

Location

Classification: United States

Financials

Sales: Not Disclosed
Profits: Not Disclosed
Profit Type: Not Disclosed
Asking Price: Not Disclosed
View Listing Details
© 1995-2009 Brauns Online Media
businesses for sale