SOAC: Target Guesses

SOAC - Sustainable Opportunities Acquisition 00:46 AM - Sep 11 2020

by: Maverick

Comments

Maverick - 3 years ago

How about Electrify America?

I stumbled into them today during lunch. Looks the right shape, too.

electrifyamerica.com

It's an odd story worth reading: en.wikipedia.org/wiki/Electrif...

EVBox was a spinout of a larger company.

Maverick - 3 years ago

Proterra is out. I've really got no guesses here.

If they manage to get that $100M ebita out of their target, this is going to be a whopper of a deal.

Maverick - 3 years ago

Still no target announced here. There's plenty of guessing going on.

Looking like it's going to be Q1 2021.

Maverick - 3 years ago

From their website, their target criteria certainly doesn't suggest any startups....

$100+ million of EBITDA
$1 – 3 billion of enterprise value
Enterprise customer orientation
Demonstrated market
Double digit revenue growth
Margin upside
Opportunity to reduce CO2

Target Industries (US based)

Services
Industrial
Technology
Logistics and distribution
Specialty chemicals

Protera
PureCycle

...are my first guesses.

Sustainable Opportunities Acquisition - SOAC

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