Wanted: Established Business by ASX Company – Read more
Lloyds Corporate Brokers have been approached by a Corporate Advisory Group looking for an operating Business to vend into a currently listed ASX company.
Ideally the type of business that will generate on-going positive cash flow.
The industry is not critical for the Buyer.
The deal would be Cash and Script and the Script would be escrowed for 12 – 24 months.
They would require key management to stay in place for 3 years.
Preference would be for something with at least $2.5m NPAT and ideally a non-capital intensive business.
They are also only looking for businesses that the vendor has committed to a sale with Lloyds Brokers as they are looking to do a quick transaction.
If you have a company that may fit this criteria please contact:
Rudy Weber – 0412 734 505