TSXV:MRS.H - Post by User
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Checkouton Aug 06, 2021 5:15pm
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UNI business has historically been restrained by limited $
UNI business has historically been restrained by limited $ “Team Unifire is very excited for this merger which, we believe, will be a complete game-changer for the industry and warfighter. Joining forces with Mission Ready Solutions will provide Unifire with the resources required to accomplish the things we have intended to from the beginning. Under the new team of experienced industry leaders, and the vision of Mission Ready’s CEO
How will the merger of Unifire into Mission Ready help to grow the Unifire business?
Historically, as one of six authorized TLS contract holders, Unifire has been limited in its ability to secure the initial capital required to facilitate many of the larger solicitations. Mission Ready has identified sources of capital that will enable Unifire to pursue TLS solicitation opportunities on a much larger scale than they have been able to at any point in their 30-year history, thereby creating immediate and significant growth potential.
Mission Ready has identified an opportunity for considerable and rapid grow of the Unifire business which has historically been restrained by limited access to capital. Unifire’s solicitation readiness has typically been limited to aggregate outstanding bids not exceeding, on average, approximately USD$2MM per month. Mission Ready has laid the foundation for the procurement of capital facilities that will provide Unifire with access to scalable operating lines – with an immediate availability of minimum USD$20MM – through purchase order and factoring credit mechanisms.
Established in 1987, Unifire is:
- An industry leading Service-Disabled, Veteran-Owned Small Business.
- A Department of Defense Prime Vendor.
- A contract holder for the Defense Logistics Agency (“DLA”) Special Operational Equipment (“SOE”) Tailored Logistic Support (“TLS”) and Fire & Emergency Services Equipment (“FESE”) programs.
Additionally; Unifire holds multiple General Services Administration (“GSA”) schedules, blanket purchase agreements and contracts with organizations such as the Department of Homeland Security, the U.S. Army Corps of Engineers, West Point United States Military Academy, Idaho National Laboratories, Hanford Nuclear Facilities, United States Air Force, United States Marines, United States National Guard, United States Navy, and many others.