The Acquisition Opportunity: The Company, a leading supplier of cleaning and maintenance supplies across the state of Texas, is evaluating its strategic alternatives, including a sale. Pasadera Capital, LLC is managing the transaction process and should be contacted for additional information. Longstanding reputable business with high quality sales staff and blue chip customer base Entrance into new, or strengthening of existing, geographic market penetration Access to broad product offering from quality manufacturers Affiliation with long-standing brands paired with a strong history of profitability Company Overview: Project Rocket (the “Company”) is a Central Texas based supplier of commercial and industrial cleaning chemicals, …show more content…
The primary drivers of janitorial services demand and, in turn, cleaning-supply distribution are 1) continued growth in the number of businesses in the United States and 2) increased government regulations for sanitation on healthcare centers and educational institutions. • Serves Stable, Low Cyclical Markets – This industry is non-cyclical and non-seasonal. This is primarily due to the nature of the product that is supplied and the frequency at which it is purchased. Orders are typically fulfilled on a bi-weekly or monthly cycle, and are not susceptible to downturns in the economy as the products are essential and non-elastic. • Well Established in Long-Term High Growth Markets – The Company has strategically placed themselves to capitalize on high growth markets by establishing points of presence in 6 growing Texas cities. These metropolitan areas have grown at an astounding rate outpacing US GDP growth over the past 9 years. Metropolitan area, and latest distribution center, Dallas, TX has led this growth with LTM GDP growth of 8.53%; well above the US average of