Auctus has been formed to undertake an acquisition of a target company or business. The Company’s efforts in identifying a prospective target company or business will not be limited to a particular sector or geographic region. However, the Company expects to draw on the extensive experience of the Company’s founders and its board in sourcing and successfully executing such transactions.
The Directors and founders have a large network of corporate finance and investment brokers and have collectively sourced, initiated, managed and floated a number of companies over a long period of time. They have worked with the senior city institutions, investment bankers and have been involved in reconstructions, mergers and acquisitions and corporate transactions of various sizes in various industries. They have global experience in sourcing deal flow and intend to use this experience in conjunction with their contacts and advisers to target a suitable acquisition candidate.