Project Furrr - Investment Opportunity
We have posted a new investment opportunity in the PE Gate platform, a deal in an industry we have been bullish on for a few years. This opportunity is now open for investment and expected to close by May 1st. The entry valuation is attractive and PE Gate principals will be investing in the transaction.
This deal will hopefully be the first of many for PE Gate in the pet services industry. We find this industry very attractive and will be looking for synergistic acquisitions in different verticals within the pet services space.
For more info, please feel free to reply to this email, Login / Register to access the Initial Investment Memo or Register here to attend the Zoom video call on Thursday, March 30 at 11am ET.
Deal Highlights:
Company: operating over 14 years, providing Full Service and DIY pet grooming services and selling grooming accessories, treats and miscellaneous dog gear.
Operations: established business with +8k active clients across multiple stores within Ontario.
Profitability: recently profitable due to recent growth in revenue
Transaction size: CAD 700k
Shareholding: 100% equity purchase
Minimum Investment: CDN 50,000 - must be an accredited investor
PE Gate Fees: no premiums or upfront fees
Targeted IRR: over 25%