Acquisition Financing
Melbourne, June 14, 2012 AEST (ABN Newswire) - Millhouse, Inc. PLC, (
M77:FRA) the Deutsche Börse listed financial services group (M77), has announced that it has identified a number of acquisition candidates in Australia and Europe that should generate over AU$40.0 million in EBITDA within two years. These companies include Wealth Management Groups, Private Banking Groups, Diversified Funds, Consumer Finance, and Health Care Companies. Given the recent events in the World economy, many successful and profitable companies can be acquired for very reasonable valuations.
David Millhouse, CEO, states "We are extremely excited and optimistic about the opportunities that have been presented to the company. With proper financing, the management team believes that they can build a very profitable International Financial entity over the next two years."
To fund these acquisitions, the company has enlisted two groups to help raise capital in the near term. This financing will be used to complete the acquisition of a respected business in Sydney, Australia, and for the operating capital requirement to complete a large long term acquisition financing facility in Europe.
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