Selling of 3 different businesses as a package by company.

Selling of 3 different businesses as a package by company.

Introduction:

• This company is prepared to sell 100% shares in this company which consists of:
• Company A – provides a diverse range of services, including personal unsecured loans, insurance products and a financial wellness program section. Value is created through an existing loan portfolio. Revenue is created through inter alia collection on interest on loans with some 51,000 active clients and 43,000 funeral policies.
• Company B – Debt collection on behalf of Company A – collection of over 6000 loans per month.
• Company C – provides a comprehensive suit of financial wellness services to employees including but not limited to wellness courses, personalized coaching and financial wellness days- up to date over 1000 learners have been trained.

Financials:

• Company A- Revenue R315 mill/annum, EBITDA R81 million/annum, Loan Book R483 mill
• Company B- Revenue R9,9 mill/annum, EBITDA R1,3 million/annum
• Company C- Revenue R2,5 mill/annum, EBITDA R963 thousand/annum

Selling price:

• R800 mill (neg)