Offer document here
https://www.tipoffer.com.au/offer/
Just saw Howard Coleman (Director and Team Invest founder) mentioning it on Your Money.
Appears his son is the CEO.
Seems to be a compliance listing only with 0.5-2.0% new capital on listing.
Its a ragtag bunch of various small companies, made a loss in 2017 and a $5.8m profit in 2018.
Pretty lofty P/E of 18-19x historically and EV/EBITDA of 15-16x on the 2018 numbers
Which seems pretty high.
Given as it's newly listed, doesn't have a history of consistent profits, I don't think it would meet TeamInvests usual criteria.
IPO - Teaminvest Private Group Limited, page-2
Currently unlisted. Proposed listing date: 29 APRIL 2019#
