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Mergers and Acquisitions
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| PBS Group is actively
engaged in the acquisition of transitional companies where member's senior
management experience, strategy expertise, or funding capabilities will
add enterprise value. |
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| PBS Acquisition
Objectives/Activities |
| Identify manufacturing
or consumer products companies that: |
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- Participate in niche industries
- Have relatively few competitors with no overwhelmingly dominant market
leader
- Fit into a clearly defined strategy for growth
- Have definable operational issues
- May be slightly below cash flow break even
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| Provide management expertise and capital
to successfully grow for business |
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- Prepare due diligence to identify company strengths, weakness, opportunities
and threats
- Develop short term corrective actions and long term growth strategies
- Identify need for, and required amount of, capital to fund growth
plan
- Identify potential equity participants
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| Industries currently under consideration |
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- Have 10-12 key competitors with no overwhelmingly dominant industry
leader
- Are primarily composed of private, family owned companies
- Have well defined customer bases and different market segments and
product offerings
- Generally fall under the radar for the most equity firms
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| Companies currently in discussions have: |
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- Focused on costs/operations and have reduced their product costs to
competitive levels
- Taken the businesses to break even or near break even levels
- No clear sales/marketing focus or strategy
- Good products and are well thought of in the market place
- Product design and/or innovation advantage
- Investors that have over invested during the past few years and are
fatiqued
- Potential for both internal and acquisition growth strategies
- Investors that are unable or unwilling to determine and support a
broader growth strategy
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