Acquisition Criteria
- Pre-tax profit of $2.0m to $10.0 million:-
HGL is seeking established businesses with a track record of profitability. Businesses with less than $2.0 million of pre tax profit are of interest where the business can be integrated into one of our existing operations. HGL does not invest in start-ups. HGL targets a return on capital employed of at least 20%.
- Business type:-
HGL’s existing equity partnerships include: - Importers and distributors of branded products; and - Light manufacturers. HGL is most attracted to businesses that are not overly capital or labour intensive. - Fees
HGL will pay an appropriate fee where a successful transation occurs.
What makes HGL an ideal equity partner
- Experience
Over 15 years experience working with our partners to solve business problems and improve financial performance.
- Ownership by management
HGL creates structures in each of its businesses enabling management to share in the value they help create.
- Long Term Focus
HGL invests for the long term, this provides stability and confidence for staff, customers and suppliers.
- Profitable
Strong profit history which mirrors the success of our equity partners.
- Capital
Listed on the ASX with a significant and supportive shareholder base, conservative balance sheet and strong banking relationships. Over 15 years experience working with our partners to solve business problems and improve financial performance. Do you know of a business that meets HGL’s acquisition criteria and may represent an investment opportunity. If you do we would appreciate discussing it with you. Please contact Paul Rajendran on (02) 9221 7155 or paulrajendran@hgl.com.au HGL will pay an appropriate fee where a successful transaction occurs.
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