Investment Criteria
Conormara seeks to acquire or invest in companies that have growth potential, but lack appropriate financial resources and/or management strength to capitalize on opportunities.
Description
Niche Manufacturing, Value-added Distribution, Service businesses, or Franchisors.
Financial Characteristics
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Minimum revenue of $2 million
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Positive cash flow and EBITDA greater than $500K
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High gross margins (> 40%)
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Transaction size $1-10 million
Company Characteristics
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A value-added business model (e.g., brand, unique product/service, exclusivity)
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Opportunity to grow through marketing leverage
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Growing niche or underserved market
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Some level of management in place
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Repeat customers and recurring revenue streams
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Low-risk of technological obsolescence
Business Owners
Ideal sellers are family-owned enterprises where the owner(s):
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Seeks to retire, reduce their full-time responsibilities or create liquidity
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Seeks capital and expertise to grow the business
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Seeks to exit, but remaining shareholders would like to continue and need a partner
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Understands the company needs assistance to grow and improve, for an exit in the next 2-5 years