Acquiring a proven Canadian industrial business and preserving its legacy.
Our mission.
Salty Dog Industries is seeking to acquire a proven industrial company in Canada, providing it with a permanent home.
Our mission is to always do what is right for the business and its people. Unlike investors focused on near-term performance and cost-cutting to do right by investors, we have a 'buy and own forever' mindset, which allows us to provide long-term stability and an approach that will sustain growth while preserving the business's culture and legacy.
What drives us.
We believe that the core of every business is not its financial statements, but its people. We strive to empower people to make decisions that are in the best interest of the business and its customers.
We genuinely seek to preserve the identity and culture of a business after acquiring it. Too frequently companies are acquired, costs are cut, and the company is 'flipped' a few years later for short-term gains. This leads to employee instability, customer service degradation, and vendor instability. We believe that the best outcomes for the business are generated by truly thinking long term. When you sell your company to us, you're securing its future and protecting everyone who depends on it.
Joel has invested in smaller companies around the world for a decade on behalf of leading financial institutions, most recently as a Partner at an independent investment firm. This has involved extensive travel across Canada, Europe, and the USA; constantly reaffirming the fact that people are at the heart of all businesses.
What we are looking for (acquisition criteria).
A Proven Track Record is Critical
For the last decade, we have sought out great companies with proven track records around the world. A stable track record of positive cash generation is important to us.
We Love Leaders in Small Niches
If the average person has never heard of the niche you operate in, then we want to talk to you!
Canadian Industrial Manufacturing or Distribution Businesses which are B2B
We are looking to acquire a business headquartered in Canada in the industrial manufacturing or distribution sector.
Alignment of Values
Alignment of owner objectives with our beliefs and principles is critical.
What we are looking for…. a little more detail.
EBITDA typically between $0.5mm and $2mm
Low customer concentration or critical supplier dependency
Long-term customers
Our approach.
Quick Decisions
We will provide an initial response within 48 hours. After this, we will provide clarity and work with a sense of urgency to move forward.
Of course, we recognize this is a major decision for a business owner and if you prefer to slow down, we will work with you to set the pace!
People First
Your team has been integral to your success. We focus on investing in their future, not cost cutting.
The same goes for the community in which you operate.
Continuity
An acquired business will retain its brand that has fostered long-term relationships in its markets.
We are permanent owners of the businesses that we acquire. We don’t look to resell, we won’t take on aggressive debt, and we will keep the company’s brand.
Flexibility
We offer a flexible acquisition structure tailored to your needs. A partnership based approach can provide a mix of upfront liquidity and equity upside.
We will work collaboratively with you when you are ready to retire.
