Halitron, Inc. (HAON) Engineers Growth by Assembli
Post# of 146
It has been said that every cloud has a silver lining and that lemons are easily transformed into lemonade. This healthy perspective manifests itself in the business model of Halitron, Inc. (OTC: HAON). The company’s focus is on acquiring businesses and turning them into efficient, low-cost entities. More specifically, Halitron finds bankrupt or distressed companies, and, with much ingenuity and know-how, turns them into profitable businesses. Complementing its search for financially troubled companies, HAON also seeks out profitable businesses with the potential of maximizing growth within its established operational infrastructure. This rather unique strategy enables company holdings to benefit by way of offering their services to each other while also employing a sales arm to reach external customers.
Following its acquisition of PRD Holdings, Inc. in February 2016, Halitron established a fully integrated business model. As the sole business in its manufacturing division, PRD Holdings owns a number of factory investments in Mexico providing the capacity to produce over $20 million in annual sales. The company’s multiple locations engage in different activities benefiting its vertical business model. At Newtown, Connecticut, the focus is on sales, marketing and finance through NDG Holdings, Inc. San Diego, California, on the other hand, is used as Halitron’s distribution point for products that are manufactured through PRD Holdings in and around Tijuana, Mexico.
Halitron is following an acquisition roll-up business model, and it targets two types of acquisitions. The first type includes bankrupt, distressed or insolvent companies that can be acquired inexpensively and then “rolled” into the company’s existing infrastructure. The second type includes profitable companies operating at a multiple of EBITDA ranging from two to four times that possess a strategic fit operationally that would benefit the collective group of businesses.
Halitron, Inc. was formerly known as Teknik Digital Arts, Inc. and changed its name to Halitron, Inc. in August 2014. The company was founded in 2003.
For more information, visit www.halitroninc.com
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