Home: Message List - Buyer seeking acquisitions paid out $400,000 cash finder fee

Re: Buyer seeking acquisitions paid out $400,000 cash finder fee

25trekker1 — Fri, 13 Feb 2009 09:06:52 GMT

A company meeting the basic criteria you listed would probably have to be a quite large pharmaceutical company based in the United States. I specify based in the United States because of possible Federal Drug Administration restrictions and/or rules. Have you contacted the FDA regarding this matter?

Re: Buyer seeking acquisitions paid out $400,000 cash finder

Adducent — Thu, 12 Feb 2009 14:33:47 GMT

Hi Iwrite,

You're welcome, thanks for the feedback and thanks as well, to you for all the contributions you make to the SBOC forums.

Re: Buyer seeking acquisitions paid out $400,000 cash finder

Iwrite — Thu, 12 Feb 2009 14:07:32 GMT

Adducent,

Thank you for bringing an opportunity like this to the forum. It is great to see something of substance being presented, and the exchange it has spurred. I hope this is successful for all parties involved. We need more collaboration like this.

Thanks.
Iwrite

Re: Buyer seeking acquisitions paid out $400,000 cash finder fee

Adducent — Thu, 12 Feb 2009 13:20:09 GMT

Hello,

My clients are serious about acquisitions that meet their criteria. If you have anything that meets them where you are in direct contact with the business owners, feel free to contact me via my website. You'll find my website address in my profile on this site along with my name and phone number. Also, you might want to add your name and website to your own profile ... that helps people to know a little bit about you.

Thanks.

Re: Buyer seeking acquisitions paid out $400,000 cash finder fee

SME_ally — Thu, 12 Feb 2009 06:38:18 GMT

Hello Adducent,

For a company in China to get $20M in sales annual would be a rarity. But there are many who can bring in 10%-15% EBITDA. If you and your client are serious about making acquisitions in China, I have some questions to ask. Perhaps we can discuss this offline. May I have your email? Thank you.

Re: Buyer seeking acquisitions paid out $400,000 cash finder fee

Adducent — Mon, 09 Feb 2009 17:54:00 GMT

Hi SME-Ally,

I have a client that owns or has joint ventures in numerous manufacturing companies in China. I'm working with them through their US office but they have an operations office in Beijing and an M&A office in Shanghai. They control companies that produce:

plastic injection molded products
aluminum die castings
electric motors and controls
coal mining equipment

They are actively looking for acquisitions to add to their portfolio in the above industries. To be of intitial interest, they need to be at least $20MM in revenue and have EBITDA of at least 10% of revenue (though if you have one with somewhat lower EBITDA, I may be able to run that by them as an add-on acquisition). They are also looking for for stand-alone larger equity investments in platform businesses in other industries with at least $30MM in revenue (preferably larger).

If you have direct contact with business owners/principals with companies that match to the above, feel free to contact me directly (not through this forum please) to discuss what you have and how we can work together on them.

I'm working with two groups (one US based, one in India) interested in acquisitions in India but have not firmed up their acquisition/investment criteria with them yet. I can discuss that further with you as well.

Thanks,

Dennis Lowery
Adducent, Inc.

Re: Buyer seeking acquisitions paid out $400,000 cash finder fee

SME_ally — Mon, 09 Feb 2009 15:18:49 GMT

Hello Adducent,

I have worked in finance for about 12 years in Asia and have contacts in the region. Do you have any clients who are looking for overseas aquisitions or investments (specifically China and India)?

There are a number of companies auto manufacturing, OTC pharma, tea, consumer finance (auto) who are looking for alliances/strategic equity. If your clients are interested, I can certainly make the introduction.

Re: Buyer seeking acquisitions paid out $400,000 cash finder fee

Adducent — Fri, 06 Feb 2009 22:57:45 GMT

Bridge,

I meant to add this as well: I know that you are a business broker and would be happy to discuss directly with you, what some of my other buyers are looking for or to see if any of your listings would be of interest to my buyers. The deal that paid out the $400,000 cash buy-side fee was on a broker listing. The brokers fee was actually more than the buy-side.

Re: Buyer seeking acquisitions paid out $400,000 cash finder fee

Adducent — Fri, 06 Feb 2009 22:47:22 GMT

Regarding the $400,000 fee; as I said, the buyer I am working with that is looking for Allergy related companies paid out that as a finder fee. The actual fee was an enhanced Lehman (5,5,4,4,3,3,2,2) on a $25MM transaction (a platform acquisition) which was paid out $400,000 in cash and approx. $200,000 in stock. This post has resulted in two principals/owners contacting me with two companies that might be a good fit for my buyer. But If you have a deal (that meets this buyers initial criteria) to bring forward feel free to contact me directly and I'll be happy to discuss this further with you and if you are not being compensated by the business owners I'll put in place a non-circumvention and fee-sharing agreement with you. Should the business you bring forward, be a good match to my buyer's interest, at the appropriate point (to make you more comfortable and at ease) you can also be on calls with me, the buyer and the business owner you bring forward.

Re: Buyer seeking acquisitions paid out $400,000 cash finder fee

Bridge — Fri, 06 Feb 2009 21:10:32 GMT

How many $400,000 finder fees did you pay out to people last year?