VAYK Closes Acquisition of $1 Million Company
Vaycaychella (VAYK) has acquired a 50% non-managerial stake in an Atlanta-based home engineering service company that generated approximately $1 million in revenue in 2023. The acquisition, valued at $500,000, will be paid through 500,000 Series B preferred shares with a $1.00 face value each, convertible to 200 common shares at $0.005 per share after 24 months.
The acquisition price represents roughly 1x Value/Revenue multiple, below the industry average. VAYK has an option to acquire the remaining 50% ownership for cash. This acquisition is part of VAYK's strategy to implement a disruptive business model in the short-term rental industry, with goals to build a $20 million portfolio and expand it to $100 million with financing.
The acquired company specializes in remodeling and renovating residential properties, with potential growth to $2-3 million in revenue.
Vaycaychella (VAYK) ha acquisito una partecipazione non manageriale del 50% in un'azienda di servizi di ingegneria domestica con sede ad Atlanta, che ha generato circa 1 milione di dollari di fatturato nel 2023. L'acquisizione, valutata 500.000 dollari, verrà pagata tramite 500.000 azioni privilegiate di Serie B, ognuna con un valore nominale di 1 dollaro, convertibili in 200 azioni ordinarie a 0,005 dollari ciascuna dopo 24 mesi.
Il prezzo di acquisizione rappresenta approssimativamente un multiplo di 1x valore/fatturato, al di sotto della media del settore. VAYK ha un'opzione per acquisire il rimanente 50% di proprietà in contanti. Questa acquisizione fa parte della strategia di VAYK di implementare un modello di business dirompente nel settore degli affitti a breve termine, con l'obiettivo di costruire un portafoglio da 20 milioni di dollari e ampliarlo a 100 milioni di dollari mediante finanziamenti.
L'azienda acquisita si specializza nella ristrutturazione e nel rinnovamento di proprietà residenziali, con una potenziale crescita a 2-3 milioni di dollari di fatturato.
Vaycaychella (VAYK) ha adquirido una participación no gerencial del 50 % en una empresa de servicios de ingeniería de viviendas con sede en Atlanta, que generó aproximadamente 1 millón de dólares en ingresos en 2023. La adquisición, valorada en 500.000 dólares, se pagará a través de 500.000 acciones preferentes de la Serie B, cada una con un valor nominal de 1 dólar, convertibles en 200 acciones comunes a 0,005 dólares cada una después de 24 meses.
El precio de adquisición representa aproximadamente un múltiplo de 1x valor/ingresos, por debajo del promedio de la industria. VAYK tiene la opción de adquirir el 50 % restante de la propiedad en efectivo. Esta adquisición es parte de la estrategia de VAYK para implementar un modelo de negocio disruptivo en la industria de alquileres a corto plazo, con el objetivo de construir un portafolio de 20 millones de dólares y expandirlo a 100 millones de dólares mediante financiamiento.
La empresa adquirida se especializa en la remodelación y renovación de propiedades residenciales, con un potencial de crecimiento de 2-3 millones de dólares en ingresos.
Vaycaychella (VAYK)는 애틀랜타에 본사를 둔 주택 공학 서비스 회사의 비경영적 50% 지분을 인수했습니다. 이 회사는 2023년에 약 100만 달러의 수익을 올렸습니다. 인수가는 50만 달러로 평가되며, 500,000개의 시리즈 B 우선주로 지급될 예정이며, 각 주식의 액면가는 1달러입니다. 이 우선주는 24개월 후 주당 0.005달러에 200개의 보통주로 전환될 수 있습니다.
인수 가격은 대략 1배 가치/수익 비율로, 업계 평균보다 낮습니다. VAYK는 현금으로 나머지 50%의 소유권을 인수할 옵션을 가지고 있습니다. 이번 인수는 VAYK가 단기 임대 산업에서 파괴적인 비즈니스 모델을 구현하기 위한 전략의 일환이며, 2천만 달러 규모의 포트폴리오를 구성하고 이를 1억 달러로 확장하는 것을 목표로 하고 있습니다.
인수된 회사는 주거용 재산의 리모델링 및 개조를 전문으로 하며, 200만에서 300만 달러의 수익 성장 잠재력을 가지고 있습니다.
Vaycaychella (VAYK) a acquis une participation non directionnelle de 50 % dans une entreprise de services d'ingénierie domestique basée à Atlanta, qui a généré environ 1 million de dollars de revenus en 2023. L'acquisition, évaluée à 500 000 dollars, sera réglée par le biais de 500 000 actions privilégiées de Série B d'une valeur nominale de 1 dollar chacune, convertibles en 200 actions ordinaires à 0,005 dollar chacune après 24 mois.
Le prix d'acquisition représente environ un multiple valeur/revenus de 1x, en dessous de la moyenne du secteur. VAYK a la possibilité d'acquérir les 50 % restants de la propriété en espèces. Cette acquisition fait partie de la stratégie de VAYK pour mettre en œuvre un modèle commercial perturbateur dans le secteur de la location à court terme, avec des objectifs de construction d'un portefeuille de 20 millions de dollars et d'expansion à 100 millions de dollars grâce à un financement.
L'entreprise acquise se spécialise dans la rénovation et la réhabilitation de propriétés résidentielles, avec un potentiel de croissance de 2 à 3 millions de dollars de revenus.
Vaycaychella (VAYK) hat eine nicht geschäftsführende 50%-Beteiligung an einem in Atlanta ansässigen Unternehmen für Ingenieurdienstleistungen im Wohnbereich erworben, das 2023 etwa 1 Million Dollar Umsatz generiert hat. Der Kauf, der mit 500.000 Dollar bewertet wurde, wird durch 500.000 Vorzugsaktien der Serie B mit einem Nennwert von jeweils 1 Dollar bezahlt, die nach 24 Monaten in 200 Stammaktien zu je 0,005 Dollar umgewandelt werden können.
Der Kaufpreis entspricht etwa dem Faktor 1x Wert/Umsatz, was unter dem Branchendurchschnitt liegt. VAYK hat die Option, die verbleibenden 50 % des Eigentums in bar zu erwerben. Diese Akquisition ist Teil der Strategie von VAYK, ein disruptives Geschäftsmodell in der Kurzzeitvermietungsbranche umzusetzen, mit dem Ziel, ein Portfolio von 20 Millionen Dollar aufzubauen und es mit Finanzierungen auf 100 Millionen Dollar zu erweitern.
Das erworbene Unternehmen spezialisiert sich auf die Umgestaltung und Renovierung von Wohnimmobilien, mit einem potenziellen Wachstum auf 2-3 Millionen Dollar Umsatz.
- Acquisition of profitable company with $1M annual revenue
- No immediate cash outlay required for acquisition
- 24-month lock-up period on preferred share conversion
- Below-market acquisition multiple (1x revenue)
- Option to acquire remaining 50% stake
- In-house capability addition for property renovation
- Potential future dilution from 500,000 preferred shares conversion
- Non-controlling stake (50%) limits operational control
- Cash requirement for remaining 50% stake acquisition
As part of the deal, the acquisition includes the 2024 P&L of the acquired company, which means that Vaycaychella will consolidate the acquired company's revenue and profit in its pending financial statement for the year 2024.
Payment in Preferred Shares with a Conversion Price of
VAYK will issue 500,000 Series B preferred stocks to the owner of the business, in exchange for the
Further, those Series B Preferred shares are not eligible to be converted into common shares until 24 months later, or when the price per share of VAYK's common stocks stays above
The acquisition price (
The company also has a conditional option to acquire the remaining
Integrated Part of
This acquisition is one of VAYK's strategic moves to implement a disruptive business model in the short-term rental (Airbnb, etc.) industry.
"Our new business model will integrate real estate development, financial engineering, social accountability, and AI-based short-term rental management," declares Stephanie Anderl, Interim CEO of Vaycaychella.
"It will be a revolutionary business model with the potential to redefine the concept of short-term rental, and disrupt the whole short-term rental industry. Our near-term goal is to build a
Anderl confirms that the company is working with business partners and prospective investors to possibly kick off this new business model in the year 2025.
"The acquired company is a home engineering service business specializing in remodeling, redecorating and renovating residential properties," explains Anderl. "Not only it has the potential to grow into a
The term of the acquisition was finalized last year. However, the parties were only able to close the deal this week due to scheduling issues.
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
VAYK Contact:
Contact@Vaycaychella.com
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SOURCE Vaycaychella, Inc.
FAQ
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