Futuris Company Announces Signing of Head of Terms for Exclusive Equity Investment Agreement of $10 Million
Futuris Company Announces Signing of Head of Terms for Exclusive Equity Investment Agreement of $10 Million
08/24/20, 12:06 PM
Location
fairfaxMoney raised
$10 million
Futuris Company (OTC: FTRS) (OTC: MISMD) ("Futuris" or the "Company"), a Human Capital Management (HCM) company focused on the acquisition and operation of executive search, staffing and consulting companies, today announced that it has signed a Head of Terms for an exclusive equity investment agreement with The Private Office of Mr. John Bernard for $10 million in exchange for a 15% post-money ownership stake on a fully diluted basis, subject to the satisfactory completion of due diligence.
Company Info
Location
fairfax, virginia, united states
Additional Info
As a successful entrepreneur and investor for the past 19 years with over 27 companies worldwide across a variety of sectors, John Bernard has been personally helping to build and grow emerging growth companies with investment and high level management contribution. Since 2011, through his investment vehicle, Lift Invest limited, the Private Office of John Bernard has made Investments in various areas such as engineering, pharmaceuticals, e-commerce and manufacturing in Europe and the United States with deals ranging from $3mm to $45mm. He has invested a combined 100 million CHF to date. With a typical investment horizon of five years, the company is headquartered in Geneva Switzerland with various associates across the world. For more information, please visit https://the-private-office.ch.