LGC is a public company that combines the financial flexibility and strength of a "strategic buyer" with the value creation capabilities and the forward looking strategies of an “innovative disruptor.”
Legacy Acquisition Corp (“LGC”) is a Special Purpose Acquisition Company (SPAC) that trades on the NYSE.
LGC is sponsored by a proven leader in the Consumer Goods and Industrial Sectors and supported by a founder/shareholder group of proven operationally based “value builders.”
LGC has deep domain expertise in the Consumer and Industrial sectors for privately-held and publicly traded companies.
LGC seeks the acquisition of a North American based “consumer & brand based business” that serves domestic and global markets with $800M to $1.2B enterprise value.
LGC will develop and support a Value Creation Strategy (VCS) for accelerated Shareholder Value (SHV) creation, in collaboration with the company’s management team.
LGC is committed to support and supplement talented management teams, as needed, in building the business as a public enterprise. LGC will build a true partnership with management to drive profitable growth.
Solid company with >10% EBITDA.
EBITDA > $50 million
Opportunity to realize immediate SHV creation via “private to public” arbitrage.
A propriety deal where the current owners “roll in” at least 25% of their current equity interest.
An auction process where we have a competitive advantage e.g., a tax advantaged transaction (RMT).
Expected six (6) months or less to close after a hand-shake agreement.
Consumer facing businesses with >50% of revenue from North America.
A top market share position in its competitive category or in a key target market segment.
Has key points of difference. Intellectual property. Proprietary design and technology.
Has clear opportunities to drive value creation via distribution, geographical and/or adjacency expansion.
Has opportunity to create value via adjacencies and or strategic bolt-ons.
Has opportunities in “value” and/or “financial” engineering.
Proven brand builders and innovators.
Significant ability to create and execute meaningful and high-growth value creation strategies.
Extensive capabilities in consumer insights, RD, engineering, supply chain and process improvement.