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Re: mick post# 4301

Tuesday, 02/27/2024 5:32:05 PM

Tuesday, February 27, 2024 5:32:05 PM

Post# of 4351
$POL /\ https://www.otcmarkets.com/stock/POL/news

$EFSH RELATED
https://www.otcmarkets.com/stock/EFSH/profile

EFSH’s businesses would fit right in with what he loves.

It was founded in 2013 by private-equity veteran Ellery Roberts, who currently serves as chairman and CEO. Roberts has directly overseen more than $3 billion in private equity investments in his career.

The core strategy of EFSH is to acquire “diamond in the rough” companies that have a lot of value but have difficulty finding a buyer due to their smaller size.

EFSH scoops up these stable, mature companies at a good price relative to their cash flow, grows the businesses using its management expertise, and either sells the companies or keeps them as long-term revenue generators.

To date, EFSH has acquired eight businesses and sold two.

One of the businesses it sold was 1847 Goedeker's, which now goes by Polish.com Inc. EFSH acquired the e-commerce furniture and appliance retailer for $6.5 million in April 2019 and took it public two years later at a roughly $60 million valuation.

EFSH’s current subsidiaries are:

Wolo Manufacturing Corp., “a leader in horn technology (electric, air, truck, marine, electronic specialty, air & back-up alarms) and vehicle emergency warning lights offering the highest quality and the largest selection for cars, trucks and industrial equipment,” that’s been in business more than 45 years.

ICU Eyewear Holdings Inc., “a recognized leader in reading eyewear and sunglasses, as well as select health and personal care items” that’s been around nearly 70 years.

Kyle’s Custom Wood Shop, Inc., “a leading custom cabinetry maker servicing contractors and homeowners since 1976 in Boise, Idaho and the surrounding area.”

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