Over the years we have acquired and grown companies in a number of basic industries including fruit juice processing & distribution, production machining, boat building, construction supplies and specialized trailer rentals; always purchasing small companies and steadily growing their long-term value. Ignition’s management priorities focus on corporate growth initiatives, strengthening internal operating and marketing systems, and investing in quality managers.
We understand the risk, personal sacrifice and hard work business owners put into building a successful company, the sale of which often represents a cornerstone to their retirement plans. Accordingly, we try hard to both arrive at a fair valuation, understand the owner’s needs and then work hard to make the transaction straight forward all the way through the closing and transitional period.
WHAT WE LOOK FOR IN A BUSINESS
A demonstrated history of positive cash flow and growth
An operating history exceeding seven years and preferably longer
A diversified customer base, with good customer retention
A competitive advantage and strong position in the market
Lean Business Practices
A committed middle management team and good employee relations
EBITDA of $500,000 to $3,000,000.
A control position available, or defined path to control
WHAT WE ARE NOT INTERESTED IN
Hi-Tech businesses that are highly vulnerable to better ‘mouse trap’.
Turn-arounds, although we will consider “company doctor” situations where capital and the execution of an identifiable operational path can put the business back onto a sound financial footing.