IP InterviewPublished March 20, 2026Conducted September 10, 2025
Global Fire Equipment & Halma: A Founder's Account of the Acquisition
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How was the business doing when they acquired you, in terms of margins and overall performance?
Our business margins were consistently healthy. I always operated with gross margins between 65% and 70%. The company was always in good shape. In the last 12 months before they acquired us, we made $4,250,000 in EBITDA on sales of $15 million.
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