We are currently working with a SPAC (Special Purpose Acquisition Company), that has $50 Million in cash. They are looking to acquire a private company that is doing a minimum $10 to $15+ Million EBIT. Ideally, the Company could be in the Infrastructure, Healthcare, Real Estate, alternative energy space, although they are open to other sectors.

Ideal conditions for a merger such as this are

• Target Company is looking to get cash for growth and/or synergistic acquisitions
• Perhaps some cash-outs for the founders
• Enterprise value of target company greater than $50 Million to $150 Million
• Key management willing to stay and grow business with the cash

If you know of such company(s), contact Ramesh Padekar at ramesh@padekar.com for more information!

This company is looking to complete before October 2009.