What company will Bertram Capital buy next

[coralfishreef]

 

[dz6t]

My guess is Kessil. Because their target is us based company with $20 million or more revenue with at least $5 million earnings before tax etc. Despite Kessil is a Taiwanese company, they may want to sell off its US business.

 

[dz6t]

We should see this move is a positive for Ecotech, because Bertram is an investment firm, I guess the operations of its subsidiaries will remain independent.

 

[Chris A.]

Innovative Marine is on the list as well for future purchase

 

[BiGGiePauls33]

Innovative Marine is on the list as well for future purchase

Someone on IG that's in the know mentioned innovative marine earlier today.

 

[rock-n-reef]

Innovative Marine is on the list as well for future purchase

I wouldn't be surprised.

 

[coralfishreef]

Neptune brings aquarium controllers and automation, lights, powerheads, return pumps, and dosing pumps.

Ecotech (and AI) brings lights, powerheads, return pumps, and dosing pumps.

Innovative Marine would bring mainly tanks and stands, but also heaters, return pumps, and misc IM gadgets.

My vote is on WWC even though WWC isn’t a hardware company.

 

[dz6t]

I am not sure if WWC can reach 20 million sales per year. I think Liveaquaria may be a better candidate before WWC.

 

[cablez]

Either way...isnt there a law about Monopolization????

 

[ChrisV]

They sure do talk a lot about WWC.

 

[BiGGiePauls33]

I am not sure if WWC can reach 20 million sales per year. I think Liveaquaria may be a better candidate before WWC.

This is all hearsay, but I was speaking with someone this past year that knows them pretty well and they were saying that WWC is doing a million plus per month. Again this is through the he grapevine but time will tell.

 

[ChrisV]

This is all hearsay, but I was speaking with someone this past year that knows them pretty well and they were saying that WWC is doing a million plus per month. Again this is through the he grapevine but time will tell.

All the more enticing for a VC firm!

 

[ColtonReef]

I am not sure if WWC can reach 20 million sales per year. I think Liveaquaria may be a better candidate before WWC.

I’d actually like this acquisition, they could probably really clean up LA to be better for the hobbyist

 

[Chris A.]

The problem that most have with a investment company taking on all these companies is that they are looking for profit not consumer appreciation. They’re goal is numbers , if they don’t get them they will just dump these companies on the street

 

[ChrisV]

The problem that most have with a investment company taking on all these companies is that they are looking for profit not consumer appreciation. They’re goal is numbers , if they don’t get them they will just dump these companies on the street

They will likely take all "love of the hobby" aspects out of the decision making process. Probably good business sense, but not exactly community building.

It's a shame because even though BRS turned it's YouTube videos into a massive string of reef infomercials, I do think that their model was to grow the hobby (and their customer base) by trying to get everyone to be successful.

A central management strategy could mean synergy, but it could also mean that the companies are collectively run into the ground.