CCP Client 'CO360'
A Leading Vertically-Integrated Designer, Manufacturer and Installer of Custom Closets
and Organizational Systems in the Midwest
Clayton Capital Partners is pleased to exclusively represent CO360 (the “Company”) in the sale of its business. CO360 is a leading vertically-integrated designer, manufacturer and installer of custom closets and organizational systems in the Midwest.
Updated, In-house Production Facility with Excess Capacity – By manufacturing its broad selection of custom products onsite, CO360 maintains strict quality control and facilitates immediate and in-person collaboration among sales, design, production, and installation personnel.
Experienced Workforce – The expertise and experience of the Company’s ≈40 employees is unmatched at 10 years: 13 years for manufacturing personnel; nearly 10 years for sales / designers; and 7+ years for members of the installation team.
Consistent Sales Growth –Management has nearly doubled company revenue in the past five years and forecasts continued growth.
Outstanding Brand Recognition and Vendor Relations – Over the last 30-plus years, the Company has distinguished itself by consistently delivering creatively designed solutions constructed from high-quality materials and developed exceptional vendor partnerships and favorable payment terms.
Loyal Customer Base – Repeat customers and word-of-mouth referrals constitute 52% of the Company’s business. This impressive rate reflects the Company’s success in delivering both exceptional quality and service.
Proven Marketing Strategy, Prime Location, and Documented Processes –The Company has built a strong foundation for ongoing success through successful digital and traditional marketing, access to major markets and documentation of scalable procedures.
| CO360 Financial Highlights | |||||||||||||
| Compiled Income Tax Basis Year Ended 12/31/2024 |
Compiled Income Tax Basis 1 Month Ended 12/31/2023 |
Compiled Income Tax Basis Year Ended 11/30/2023 | Compiled Income Tax Basis Year Ended 11/30/2022 |
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Income |
$8,778,484 | $686,424 | $7,908,837 | $7,717,551 | |||||||||
| Adjusted EBITDA | $3,025,522 | $348,496 | $2,596,193 | $2,114,907 | |||||||||
Adjusted EBITDA % |
34% | 51% | 33% | 27% | |||||||||
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Note: On November 30, 2023, CO360 converted from a C-corporation to an S-corporation changing the fiscal year end from November 30 to December 31. |
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The undersigned hereby agrees:
That all information, data and materials disclosed or furnished (herein called the Information) by Clayton Capital Partners Acquisition Candidate CO360 (herein called the Company) will be maintained strictly confidential and that, in consideration for such disclosure, no use of the Information will be made by any signing party, or employees of such party, other than for evaluation purposes, on a strictly confidential basis.
It is understood that disclosure of any of the Information, including the possibility that the Shareholders may consider sale, disclosure of the current status of the Company, or disclosure of any information to customers, vendors, competitors, or employees of the Company would cause serious financial damage to the Company and/or its affiliates.
The undersigned also agrees that, for the term of this agreement, they will not solicit for employment any management-level employee, executive-level employee, or any employee of the Company with whom the undersigned came into contact with as a result of the proposed transaction. Nothing herein shall preclude the undersigned from hiring any employee who responds to a general solicitation so long as it is not targeted at the Company or its employees (including through the use of search firms) or who contacts the undersigned of their own accord.
The undersigned agrees not to copy, duplicate, disclose or deliver all or any portion of the Information to a third party or permit any other third party to inspect, copy or duplicate the same except those parties deemed necessary by the undersigned to evaluate the possible transaction (including agents, advisors, affiliates, accountants, attorneys, consultants, and lenders). It is understood that the undersigned may disclose Information to only parties who (i) require such material for the purpose of evaluating a possible transaction and (ii) are informed by the undersigned of the confidential nature of the Information and agree to be bound by the terms hereof. The undersigned further agrees to be responsible for any breach of this agreement by the above mentioned parties, and that these parties will not use any of the Information for any reason or purpose other than to evaluate a possible transaction or in any way detrimental to the Company.
This shall not, however, prevent the undersigned from disclosing to others or using in any manner:
- Information which has been published and has become part of the public domain other than by acts or omissions by the receiving party
- Information which has been furnished or made known to the undersigned by third parties as a matter of right without restriction of disclosure
- Information which the undersigned can show was already in its possession at the time it entered into this Agreement and which was not acquired directly or indirectly from the Company, their representatives, its employees or their representatives, or
- Information which is independently developed by the undersigned or its representatives.
This agreement shall remain in effect for a term of two years from the execution date hereof and upon request, the receiving party will promptly return or destroy all data and materials furnished by the Company and destroy any internal analyses and/or workpapers related to the evaluation of the Company. The undersigned shall be permitted to retain copies of Information for the sole purpose of complying with applicable laws and not be required to destroy electronic Information saved for backup and bonafide record retention policies in the ordinary course of business. Any such retained Information shall remain subject to the confidentiality obligations of this agreement for so long as such information is retained.
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