Millhouse, Inc. PLC is a Frankfurt listed security on the Deutsche Börse. The securities are quoted under the M77 ticker code.
Last Updated: Wednesday, 31 October 2012 1:09:00 PM AEST
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Millhouse, Inc. PLC is a listed international diversified funds management business with its securities quoted on Deutsche Börse.
Its business is to acquire existing businesses in funds management, investment management, and asset management across asset sectors. These acquisitions are conducted at historically low prices and capitalise on the considerable sunk costs invested by previous owners.
The company has a standard acquisition model based on warranted ebitda with the consideration payable over three years as a mix of equity and cash. Each acquisition is ebitda positive and cash generating. Business operations exist in Australia, Singapore, Germany and other countries as the acquisitions program rolls out.