FOS Capital's "exit" strategy with RP Group
FOS Capital's Con Scrinis shares that the company enters an exclusive distribution agreement with RP Group, a leading German emergency and exit lighting manufacturer. This partnership marks RP Group’s first entry into the Australian and New Zealand markets, aiming to capture 5-10% of the $200 million sector within 2-3 years.
Con highlights that the emergency and exit lighting market is highly regulated and involves rigorous testing. This new venture introduces recurring revenue streams for FOS Capital through maintenance contracts and remote testing capabilities, a significant shift from their traditional revenue model.
He notes strong organic growth in the company's recent quarter driven by timely project completions. With over half of FOS Capital’s revenue from government-funded projects, Con sees continual opportunities in infrastructure, including rail, roads, schools, and hospitals, aligning with ongoing government investments.
https://aus biz.com.au/media/fos-capitals-exit-strategy-with-rp-group?videoId=38590§ionId=1885
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