Halitron, Inc. (OTC: HAON) is an equity holding company that
focuses on acquiring sales, marketing, and manufacturing businesses and weaving
their assets into its existing infrastructure. The company acquires bankrupt,
distressed and insolvent companies inexpensively. HAON also acquires profitable
companies at a multiple of earnings ranging from two to four times, before the
deduction of interest, tax and amortization expenses (EBITDA).
As an example, NDG Holdings, Inc., acquired in 2015, has
been a service oriented company providing digital marketing services such as
website development, email blasts, SEO, and PPC management, among others. Over
time, management expectations are to use its infrastructure and intellectual
capital in order to become more vertically integrated by acquiring
manufacturing based businesses which will improve gross margins. This strategic
process will give management the flexibility to compete more effectively and
invest at a greater rate within its business.
Halitron, Inc. is guided by chief executive officer Bernard
Findley, who for the last two decades has been working with small- to mid-size
businesses. Early in his career, with the majority of his involvement being
with growth opportunities, Findley would build up sales and then sell. Later in
his career, Findley was engaged in orchestrating a roll-up of 16 bankrupt,
insolvent, and distressed brands.
Understanding that growth initiatives are very different
than turnaround work, Findley gained insight into how to take advantage of
strengths within a business, reshape the business plan, and then execute on the
deliverables. He has worked in industries focused on medical devices, direct
marketing and promotional products. Since 2011, he has rolled up and exited 16
brands that would have likely remained distressed or bankrupt without his
guidance. Today, these brands exist and are operating under new owners.
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 and is based in Newtown, Connecticut, with a location in San
Diego, California.
For more information, visit www.halitroninc.com
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