Solowave is looking to acquire positions in businesses in Ontario that have a solid foundation in place and an untapped market opportunity.
Our participation is ideal for companies looking to spin out a business unit or for owners who want liquidity while ensuring a transition to new ownership that is committed to build and strengthen the business.
What we offer:
- Immediate liquidity
- Operational expertise
- Proven management and business skills
- Tax-efficient exit for existing majority owner
Solowave invests in fundamentally sound companies where we can apply our operational expertise to grow the business - through new markets, new distribution channels, revised business processes, or innovative business practices. A business that has experienced a weak quarter or two may still
be considered, but we are not looking for companies in receivership. We are also not looking for start-ups
What we're looking for:
- Enterprise value of $5-20 million
- Positive free cash flow (at least as a general trend)
- Manufacturing or industrial services sectors
- Southwestern Ontario-based
In identifying market opportunities we look for:
- Potential for growth within current markets (scale) or expansion into new markets (scope)
- Evidence of high levels of industry profitability
- Markets with potential for high growth and substantial size
Once a potential opportunity is identified, Solowave's team, in consultation with our advisory board and industry experts, will analyze the target company and its markets and perform other aspects of due diligence.
