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FINANCE
»
Founders Advantage Capital
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acquisitions. FA Capital forms a board of direc-
tors and the owner is part of that board, which is
where all the investment is ultimately controlled.
“Everything going forward, instead of us get-
ting 60%, which was the investment, we will give
the owner 60% and we will take 40%, swapping
positions, providing meaningful disproportionate
share of the upside contractually forever, with no
strings attached,” explains Reid.
Not surprisingly, dozens of companies have
said it’s the best deal they’ve ever had presented
to them and jump at the opportunity. It’s a mon-
etization partnership with Best in Class private
companies.
KEY MILESTONES IN 2016
• April 2016: Successfully completed $28.8 million subscription receipt offering
• June 2016: Completed 1st acquisition – a 60% interest in Dominion Lending
Centres, Canada’s leading mortgage brokerage business
• July 2016: Successfully completed $33.3 million equity financings
• July 2016: Entered into an agreement for a new $22 million credit facility
• October 2016: Invited to speak on panel discussions at reputable industry events
such as Axial Concord in New York
• November 2016: Announced 2nd planned acquisition as we executed LOI to
acquire a 60% interest in Club16 Trevor Linden Fitness and She’s FIT! Health
Clubs, who are a leader in the value-priced fitness market in the Vancouver mar-
ket with over 78,000 memberships
• November 2016: Announced dividend policy of $0.05 per common share, pay-
able quarterly
“Everything going forward,
instead of us getting 60%,
which was the investment,
we will give the owner
60% and we will take 40%,
swapping positions, providing
meaningful disproportionate
share of the upside
contractually forever, with no
strings attached.”
Stephen Reid
1,2,3,4,5,6,7 9,10,11,12,13,14,15,16
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