Three out of four acquisitions do not
work. Hornet has developed simple criteria that help us
avoid mistakes. We need to answer a resounding YES to
these four basic questions before we continue pursuing an
we buy at fair price?
Cutting: Can we cut costs by 10 to 20% in less
than a year?
Industry: Is this a market where we can compete and make a profit?
Management: Can we
management to execute the business plan?
We are looking for companies
with revenues from $2 to $50 million and focus on
companies in the Midwest and Southeast.