Gorilla Tango is currently seeking to acquire companies in the under $5,000,000 gross yearly revenue range.
To be considered for acquisition by Gorilla Tango the company does not necessarily need to be profitable but it should have healthy gross margins (minimum 20%), must be relocatable, and should have at least one fulltime employee who is not the owner.
Any business that fits our criteria will be evaluated on an individual basis for acquisition; 80% of the time GT is able to make an offer (even if negotiations result in no agreement between seller and GT, we always like to at least explore all opportunities).
The structure of most GT deals are in the form of a purchase of hard assets and inventory at fair-market value, a down payment towards good will, and a negotiated earn-out based on the continued success of the company. We have found this acquisition structure to be beneficial to GT to limit risk of each new acquisition and beneficial to the seller in that it allows them to maximize the value of their company as it continues to perform under the GT umbrella.
GT funds all acquisitions out of cash flow generated from operations and private equity investment. We are a very low leveraged company and, since we are fully self-funded, the closing of a deal very rarely hinges on traditional financing sources.
Once an agreement is reached, GT is able to close quickly and immediately begin the process of integrating the newly acquired business. Most acquisitions and relocation require no downtime of communications or operations. The business is seamlessly and efficiently assimilated so that there is never any strain on customer or vendor relationships.
If you are a business owner or broker interested in learning more about how your business might fit into our search criteria, please email email@example.com or call 773-598-4549.