Richard Reid's Contact Details

Richard Reid's Company Details

Shotgun Fund (The)

Toronto, Ontario, Canada • 3 Employees
Venture Capital & Private Equity

The Shotgun Fund® will purchase common shares from departing shareholders when a shotgun clause or buy-sell agreement has been executed.We believe that owner/managers are the best valuators of their business. So when one is either willing to trigger a shotgun clause or has received notice that such an agreement has been triggered, the best indication of value has been given — an insider has declared his price. And we're ready to respond quickly: we can close transactions in less than 5 days of first making contact.Financing a shotgun transaction need not require additional debt. The Fund will partner with existing shareholders, which minimizes stress on the company's financial health.