CCP Client 'CO304'
North American 3PL Network Specializing in Food Service, Health Care and Retail
Clayton Capital Partners is pleased to exclusively represent CO304 (the “Company”) in the sale of its business. CO304 is a full-service logistics company serving primarily the food service, hospitality, health care, retail and general construction industries from its network of over 1100 warehouses across the United States, Canada and the Caribbean.
• High Margins - Management’s adherence to its target margins has paid off in additional profitability as it has replaced lower margin with higher margin clients.
• Extensive Warehouse Network - The Company has created a network of approximately 1100 warehouses capable of serving clients usually no more than 100 miles from any job site. Most are under 50.
• Client-Customized Processes - Over its 30-plus-year history, the Company has developed customer-care processes that first identify client needs and then put in place procedures to meet them.
• Rapid Growth Rate - Company revenues have increased 224% over the past six years and 26% between 2017 and 2018.
• Diverse Client Base - Each year, the Company’s top five clients come from different industries, and in 2018 no one client accounted for more than 15% of sales.
• Optimally Positioned To Scale In A Large and Growing Market - The Company’s robust growth rates are evidence of management’s ability to increase sales from new and existing clients.
| CO304 Financial Highlights | ||||
| Internal Year Ended 12/31/2018 |
Internal Year Ended 12/31/2017 |
Internal Year Ended 12/31/16 |
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Total Income
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$14,715,166 | $11,612,563 | $9,441,572 | |
| Adjusted EBITDA | $3,112,341 | $2,112,823 | $1,414,924 | |
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Adjusted EBITDA %
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21% | 18% | 15% | |
The undersigned hereby agrees:
That all information, data and materials disclosed or furnished (herein called the Information) by Clayton Capital Partners Acquisition Candidate CO304 (herein called the Company) will be maintained strictly confidential and that, in consideration for such disclosure, no use of the Information will be made by any signing party, or employees of such party, other than for evaluation purposes, on a strictly confidential basis.
It is understood that disclosure of any of the Information, including the possibility that the Shareholders may consider sale, disclosure of the current status of the Company, or disclosure of any information to customers, vendors, competitors, or employees of the Company would cause serious financial damage to the Company and/or its affiliates.
The undersigned also agrees that, for the term of this agreement, they will not solicit for employment any person who is currently employed by the Company. Nothing herein shall preclude the undersigned from hiring any employee who responds to a general solicitation so long as it is not targeted at the Company or its employees.
The undersigned agrees not to copy, duplicate, disclose or deliver all or any portion of the Information to a third party or permit any other third party to inspect, copy or duplicate the same except those parties deemed necessary by the undersigned to evaluate the possible transaction (including agents, advisors, affiliates, accountants, attorneys, consultants, and lenders). It is understood that the undersigned may disclose Information to only parties who (i) require such material for the purpose of evaluating a possible transaction and (ii) are informed by the undersigned of the confidential nature of the Information and agree to be bound by the terms hereof. The undersigned further agrees to be responsible for any breach of this agreement by the above mentioned parties, and that these parties will not use any of the Information for any reason or purpose other than to evaluate a possible transaction or in any way detrimental to the Company.
This shall not, however, prevent the undersigned from disclosing to others or using in any manner:
- Information which has been published and has become part of the public domain other than by acts or omissions by the receiving party
- Information which has been furnished or made known to the undersigned by third parties as a matter of right without restriction of disclosure, or
- Information which the undersigned can show was already in its possession at the time it entered into this Agreement and which was not acquired directly or indirectly from the Company, their representatives, its employees or their representatives.
This agreement shall remain in effect for a term of two years from the execution date hereof and upon request, the receiving party will promptly return all data and materials furnished by the Company and destroy any internal analyses and/or workpapers related to the evaluation of the Company.
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