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Futuris Company Announces Signing of Head of Terms for Exclusive Equity Investment Agreement of $10 Million

Aug 24, 2020•about 5 years ago

Amount Raised

$10 Million

Fairfax

Description

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 Information

Company

The Private Office Of John Bernard

Location

Fairfax, Virginia, United States

About

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.

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