Next Sparc is aggressively seeking majority acquisition and/or controlling interest investments in the emerging technology space. We are targeting eCommerce (online retail) companies and Software as a Service (SaaS) solutions focused on Marketing Technology and Health Care/Fitness.
The Online Retail targets that we pursue generally fit the following criteria:
Revenues of $3M-50M (or more) ideally with gross margins of 40%, EBITDA of at least 10%
For smaller sized businesses, must show a market opportunity to grow to $25M+ over next 2-5 years or tuck-in possibilities for existing portfolio
Prefer capital efficient situations: primarily drop ship, low inventory, no or very limited physical retail locations
Consumable driven products with strong hobby or affinity group; anything that results in re-ordering and includes a repeatable customer base (Food Crafting is a great example)
Home Furnishings and designer items
Sports & Fitness, including outdoor fitness, triathlons, biking, cycling, running, skiing, yoga, golf, hiking, and apparel
For SaaS opportunities, we look for the following:
Revenues of $5M-30M (or more)
Solutions which include heavy focus on leveraging mobile and social media platforms
Vertical focus on Marketing Technology (Analytics, Search Marketing, Lead Generation, etc.) and Health Care/Fitness
We are dedicated to building a great portfolio of companies that can leverage a common technology and operational infrastructure. Your enterprise could be the next great addition to our team. Contact us today to discuss how we can provide the spark to help your business grow to the next level!
