Halitron, Inc. (HAON) and the Integrated Business Model
Halitron, Inc. (OTC: HAON) is a Connecticut-based equity investment holding company with a second location in California. Founded in 2003 and formerly operating as Teknik Digital Arts (a digital video gaming trademark and license business), the company took on the name Halitron, Inc. in August 2014. Today, Halitron operates under an acquisition roll-up business model that targets two types of acquisitions. On the one hand, the company focuses on acquiring profitable companies at a multiples of EBITDA ranging from two to four times. For Halitron, it is important that these companies have a strategic fit operationally, i.e., that their products…