Seeking consulting company in the Drilling Services or Nuclear Markets
We have been retained by a venture-backed (VC) Silicon Valley company as a buy-side advisor for a strategic acquisition. Our client is seeking to acquire a business in the Drilling Services or Nuclear Markets. They seek a company with strong revenues, contract mechanisms, and sales pipeline to merge with existing corporate operations or keep as subsidiary. A company based in the United Kingdom or Europe would be advantageous.
Target company has the following characteristics:
1. Revenues in the $7-$12 million range, with 20% EBITDA.
2. Existing Contracts with US Department of Energy (DOE), National Nuclear Security Administration, (NNSA), or Nuclear Laboratories. Contracts with UK or other international nuclear waste management organizations.
3. Contracts with existing customer-base that are multi-year, past 2021.
