Project Bobo

DGP Capital has been retained by a large, well-known $700mm US-based strategic acquirer as a buy-side advisor. Our client is seeking businesses that have the following characteristics:

1) Providers of products/services related to either power generation, petrochemical, refinery or other industrial process industries
2) Products/services should be related to either power generation, power distribution, heat transfer, process heating, boilers or heat exchanger businesses. Other product service offerings that are of interest include power distribution equipment/services (transformers, switchgear, etc); industrial maintenance/construction services serving the power gen, petrochem and other process industries. Added bonus for businesses that have both a product and service offering.
3) US HQ – ok if the target has foreign subsidiaries or branches.
4) Revenues between $20mm to $100mm+, but $100mm is not a hard cut off
5) Ideally EBITDA between $2mm to $10+mm
6) Existing management team that is able and willing to stay in place.

Project SAFA

Company Description & Background
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“SAFA” is currently a wholly owned subsidiary of a large international technical services and research company. The firm has been in business since 2002 and has delivered 200+ engagements to clients helping organizations engineer alignment and action at defining moments. Annual revenues are $3-5M a year in contrast to the corporate parent ~$1 billon revenues/yr. The original founders of the firm are still with the organization and are recognized and published experts in using a proprietary formula to solve complex problems. The proprietary approach, grounded in systems science, has been used to get large teams unstuck, aligned, and on a clear path to meeting key objectives in a remarkably short period of time.

Transaction Descriptions & Process
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Recently, the parent company has changed corporate strategy while the principals of SAFA have adapted their business model to enable a virtual delivery model post-COVID. The principals of the firm are looking to build on its recent success in delivering virtual engagements and develop its platform as a remote workforce collaboration system to solve complex problems at scale.

The management team of SAFA is seeking an equity or strategic partner to accelerate its pivot to a deep collaboration technology enabled services provider & support its long-term growth strategy.
The parent is supportive and assumes any transaction will be a change of control (majority recapitalization, 100% acquisition, etc.).

The parent plans to launch the process in March 2021 and is open to working with advisors experienced in high end consulting services and remote workforce collaboration tools.

Healthcare Wellness Center

Wellness Center For Sale

Located in Affluent Suburb of Greater Birmingham, Alabama

This wellness center was established by a physician with a fulltime practice outside of the wellness center. He spends approximately 20 hours per month in the wellness center, but now desires an exit. The operation was established in 2014.

2018 Income: $495,251 2019 Income: $507,624
Expenses: $410,468 Expenses: $449,356
Net: $84,796 Net: $58,268

2020 Expecting YTD figures soon, but Feb, Mar and April were affected by Covid.
Approx Net Income May 20K with one FT employee and one PT Aesthetician
Approx Net Income June 15K with one FT employee and one PT Aesthetician