Jeffrey Leck
Chief Executive Officer
Mallard Acquisition Corp (“MAC”) is a Special Purpose Acquisition Company (“SPAC”), also known as a “blank check company”, with $111 million in cash. MAC was established to acquire or merge with a single private company in the United States using its cash, its publicly traded stock, new debt or a combination of all three.
The MAC mission is to merge with a single private company which will benefit from our investment and strategic support to create substantial value over time. Our focus is on U.S. middle market companies in the value-added distribution, specialty services, or differentiated manufacturing sectors with enterprise valuations of between $250 and $750 million.
MAC is listed on the NASDAQ stock exchange under the symbol MACUU (units), MACU (common stock) and MACUW (warrants).
Our focus is on U.S. middle market companies in the value-added distribution, specialty services, or differentiated manufacturing sectors with these attributes:
Our CEO Jeffrey Leck and CFO John Kirtley have long standing involvement with acquisitions and corporate growth, having previously founded two successful private equity firms. KLH Capital (www.KLHCapital.com) managed three successive SBIC funds with licenses from the Small Business Administration. Florida Capital Partners was an institutionally-backed private equity firm whose limited partners included Princeton and MIT universities. Specifically, Jeff and John understand the middle market business owner’s challenges and concerns, and how to alleviate those issues through aligning with an experienced financial partner.
During their 30+ year private equity business tenure, they successfully completed more than 125 transactions including recapitalizations, management buy-outs and buy-ins, family successions and retirement transitions, and corporate divestitures. Their specialty is helping management partners grow by acquisition.
We proactively pursue relationships with referral sources who can introduce us to a business owner or management team that is interested in securing a value-added partner. We honor buy-side fees in cash for a successful transaction.
SEC rules require our fee only can be paid to an entity with a broker-dealer license. We are pleased to provide our buyside agreement at 2.0% of transaction value.
MAC is listed on the NASDAQ stock exchange under the symbol MACUU (units), MACU (common stock) and MACUW (warrants).