Acquisition Criteria
HGL is pursuing organic growth and growth by acquisition. If you know of a brand or a business that may be of interest to HGL please contact Kevin Eley or Michael Mahoney on (02) 9221 7155 or kevineley@hgl.com.au or michaelmahoney@hgl.com.au.
The description of each business and a selection of the brands we represent are to be found on the businesses page.
Acquisition Criteria
- Pre-tax profit of $2.0m to $5.0 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
Importers and distributors of niche branded products, these may include a small element of light manufacturing. HGL is most attracted to businesses that are not overly capital or labour intensive.
- Fees
HGL will pay an appropriate fee where a successful transaction occurs.
What makes HGL an ideal owner
- Experience
Over 20 years experience solving business problems and improving financial performance.
- Incentivising management
HGL creates structures in each of its businesses enabling management to share in the value they help create.
- Long term focus
HGL develops its businesses for the long term, this provides stability and confidence for staff, customers and suppliers.
- Profitable
Strong profit history enabling investment to support the brands.
- Capital
Listed on the ASX with a significant and supportive shareholder base, conservative balance sheet and long standing banking relationships.
|