About Salty Dog Industries

What does Salty Dog Industries do?

Salty Dog Industries seeks to acquire and permanently hold a Canadian industrial company, operating the business full-time (dedicated) and providing it with long-term stability and strategic growth.

What makes Salty Dog Industries different to traditional private equity?

Many traditional private equity buyers acquire a business and immediately cut employees in an effort to improve returns. We take a long-term approach and we will always do what's right for the business, its employees, and its customers, not what is right for investors.

What industries does Salty Dog Industries focus on?

We are focusing our efforts on acquiring a business that operates in one of the following: instrumentation/calibration, test equipment & tools, industrial testing labs, and industrial distribution. While more limited in the Canadian market, we also have expertise in healthcare manufacturing.

Why is the business named Salty Dog Industries?

Salty Dog Industries represents our commitment to being genuine, reliable, and dedicated, while also standing out from the sea of typical financial acquirers. We also selected a name that we believed would be memorable as we know that while you might not be looking to sell your business today, we want you to remember us in two or five years when the time is right.

Do you take outside investment?

At this time, we have chosen not to take outside investment.

About the process

How long will it take to sell my business to you?

We will always get an initial Yes/No response back to you within 48 hours of receiving your message. After this, we will provide clarity and work with a sense of urgency to move forward; having a preliminary conversation, signing an NDA, sharing financial information, then performing detailed due diligence.

What if I am not ready to sell my business now?

This is common. We recognize this is a major decision for a business owner and if you prefer to slow down, we will work with you to set the pace! We are happy to have introductory conversations and get to know you over a longer period of time, while respecting confidentiality.

What steps should I expect in the process?

• Initial connection

• Introductory call

• Exchange NDA and review company materials

• Follow up meeting to review questions and cultural alignment

• On-Site Visit

• Letter of Intent Submitted

• Due Diligence

• Signed Purchase Agreement

• Preservation of your legacy and long-term stability for the business

What do you look for in a potential acquisition?

We focus on businesses that have a proven track record of positive cash generation, low customer concentration, stable and growing end-markets, long-term customers, and an experienced workforce.

What is most important to you as a buyer?

Above all, alignment of owner objectives with our beliefs and principles (people, culture, and long-term mindset) are critical. If a seller does not put employees first, we are likely not the right fit for you.

What happens to my employees if I sell my business to you?

Your team has been integral to your success. We focus on investing in their future, not cost cutting. The same goes for the community in which you operate. When you sell your company to us, you're securing its future and protecting everyone who depends on it.

What will happen to the brand and identify of my company after the acquisition?

An acquired business will retain its brand that has fostered long-term relationships in its markets. We are permanent owners of the businesses that we acquire. We don’t look to resell, we won’t take on aggressive debt, and we will keep the company’s brand and identity.