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PennSpring Capital Seeking New Acquisitions and Executives Aspiring to Lead a Company

PRN

LANCASTER, Pa

After multiple successful exits, and six majority investments in the last two years, PennSpring is back in active acquisition mode.

While these are uncertain times due to the impacts of COVID-19, PennSpring has the resources to close. Specifically, PennSpring is seeking the following deal profile

Revenue

Recurring revenue
Growing revenue in a growing industry
At least $10 million in revenue

EBITDA

EBITDA margins of 15%+
EBITDA of $2 million - $5 million

PennSpring also looks for opportunities with the following characteristics

Committed and passionate management team willing to work in partnership with PennSpring
Compelling value proposition with defensible market, customer and product positions
Solid long-term industry fundamentals (non-cyclical, non-commodity businesses)
History of consistent, predictable and stable revenue and earnings
Identifiable organic and acquired growth opportunities

PennSpring is also seeking candidates for its KeystoneCEO Program.

PennSpring's unique buy-and-build program combines an outstanding industry leader with rigorous analysis, committed capital and world-class advisory services. PennSpring's KeystoneCEOs source the opportunity and run the company; PennSpring acquires the business and provides significant post-close support, including additional capital for acquisitions.

PennSpring's financing solutions require no personal guarantee, and you and your team receive significant equity.

Visit www.pennspring.com for additional information.

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