Subject: Re: Deal Prospect - Roboteam
From: "John DeLoche" <[email-masked]>
To: "Neil Callahan" <[email-masked]>
Cc: "William Lee" <[email-masked]>, "John DeLoche" <[email-masked]>, "Devon Archer" <[email-masked]>, "Rob Walker" <[email-masked]>, "Hunter Biden" <[email-masked]>
Date: Mon, 19 May 2014 14:45:38 -0700

Looks interesting. Can we get a full P&L?  What is the deal source? Any valuation guidance?  Thanks

Sent from my iPhone

> On May 19, 2014, at 2:33 PM, Neil Callahan <[email-masked]> wrote:
> 
> Hey guys,
> 
> Take a look at Roboteam.
> 
> They are in the unmanned systems space (i.e., robotics, drones, etc.)
> 
> Strong adoption by the US Military, Law Enforcement and First Responders.
> 
> Genesis is R&D/Tech from the Israeli military (tech has been used in fighting in the tunnels of Lebanon and Sinai where Iran has put thousands of missiles and military supplies).
> 
> Financials meet our criteria:
> Did $12.2m in revenue in '13 with $1.1m of EBITDA.  Did $4.8m in revenue in '12.
> '14 plan is to do $20m in revenue (greater than 50% growth) and $3m of EBITDA.
> Projected $115m in new orders in '15/'16.
> 
> Strong exit potential to folks like Google, Amazon, and the military contractors who are all investing in robotics and unmanned systems technologies.
> 
> Currently and Israeli company, but open to establishing as a US company, to be discussed.
> 
> No institutional investors to date.
> 
> RSTP value add in helping them grow is clear.
> 
> Looking to raise $5-15m to build out to capture current demand.
> 
> Take a look and let me know if you want to have a call to review.
> 
> Best,
> 
> Neil
> 
> 
> -- 
> Neil Callahan
> Rosemont Seneca Partners
> 917-945-9516
> <Roboteam Overview RSTP Confidential.pdf