Issue link: http://deals.uberflip.com/i/1323418
Acquisition Opportunity Automotive Parts Re‐Manufacturer & Supplier Primarily Catering to Heavy Duty Transport Market Canada Est. March 31, 2020 Revenue: $ 25.0MM Est. March 31, 2020 EBITDA: $ 1.75MM Strong Financial Performance: Sales increased from $15,138,000 in 2017 to $21,598,000 in 2019, representing a compound annual growth rate of 19.4%. Additionally, the Company demonstrated strong working capital with unadjusted current assets totaling $9,499,000 and current liabilities totaling$5,504,000 as of FYE 2019. Diversified Customer Base: No single customer accounted for more than 3% of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of any individual customer account. Excellent Operations and Company Structure: The shareholders have developed an organizational structure with key personnel in place to handle major functions including sales, customer service, and operations. Recast Historical and Pro Forma Statement of Income For the Fiscal Years Ended March 31 ($000) Historical Est. Projected 2017 2018 2019 2020 2021 2022 2023 2024 2025 Sales 15,138 19,043 21,598 25,000 26,600 30,500 33,600 36,900 40,500 % Growth -- 25.8% 13.4% 15.8% 6.4% 14.7% 10.2% 9.8% 9.8% Gross Profit 5,094 5,832 6,920 5,050 5,719 6,862 7,728 8,671 9,720 % of Sales 33.7% 30.6% 32.0% 20.2% 21.5% 22.5% 23.0% 23.5% 24.0% EBITDA 999 1,227 1,627 1,753 2,231 2,901 3,340 3,821 4,400 % of Sales 6.6% 6.4% 7.5% 7.0% 8.4% 9.5% 9.9% 10.4% 10.9% Client # 61126 Mike Hammer Senior M&A Advisor Generational Equity (Tel) 416‐782‐5222 (Fax) 416‐782‐7833 mhammer@generational.com The Company services markets related to, but not limited to, medium and heavy duty transport vehicles ‐‐ for both on and off highway use ‐‐ by supplying new parts, remanufactured parts and services to be utilized in the repair and maintenance of such vehicles. The Company sells to a well‐established network of dealers, leveraging its own in‐house remanufacturing capabilities. The Company primarily services organizations within the following groups: automotive repair, heavy duty equipment repair, aftermarket distributors and wholesalers, OEM dealers, logistic providers, and retail end users. The active customer base includes nearly 700 clients located throughout Canada and the United States. DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller.