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July 19, 2024

Urgent Expressions of Interest Invited | Tools.Com


Urgent Expressions of Interest Invited

TCT FORGE PTY LTD

(FORMERLY KNOWN AS ‘TOOLS.COM AUST PTY LTD)

(ADMINISTRATORS APPOINTED)

ACN 602 925 315

(“Tools.com”)

Tools.com is a 100% Australian online tools, automotive and safety equipment retailer with retail premises located in Maroochydore, Queensland.

Peter Gountzos and Michael Carrafa as Joint and Several Administrators of Tools.com (www.tools.com)are seeking urgent expressions of interest for either the recapitalisation of the business / or the sale of its business assets .

Key investment opportunities include:

    • Established database of suppliers to service the specific needs of its loyal customer base;

    • Significant Retail ecommerce platform in excess of $15m via its website, www.tools.com

    • Founded customer database (subject to privacy laws)

    • Stock and Plant and Equipment (subject to security interests)

    • Well proven store front opportunity located in Maroochydore (subject to landlord consent)

Expressions of Interest are sought by close of business on Friday, 26 July 2024.

Further information will be available to interested parties after execution of a Deed of Confidentiality and Indemnity.

All inquiries should be directed to Ms Gillian Wright of SV Partners on (03) 9669 1130 or gillian.wright@svp.com.au.

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