We have formed Detectron, Inc. to acquire a platform company in the monitoring and detection industry, with a particular interest in companies with exposure to homeland security. We formed this holding company in partnership with Theodore F. Savastano, Detectron’s Chairman, with whom we have worked with previously. Ted has successfully built three middle market companies via internal growth and acquisition.
The monitoring and detection industry, broadly defined, is a sector which is very consistent with our investment template. In particular, we are in search of a platform company which meets the following criteria:
Type of Company: |
|
Detection and Monitoring of Chemicals, Gases, Radiation, Bio-chemicals, Explosives, Water Contamination, Airborne Emissions and Human Identity (Biometrics)
|
Size: |
|
Revenue and EBITDA in excess of $30 million and $3 million, respectively
|
Geography: |
|
Predominantly US-based
|
Transaction Structure: |
|
Willing to consider less than 100% ownership |
Detectron’s strategy is to acquire a solid platform company with a strong CEO and management team to partner with us to achieve aggressive, organic growth. Geographic expansion and further development of product offering may be achieved through add-on acquisitions.
If you know of any potential platform companies which meet these criteria, please contact:
