Toronto, ON – Auxo Management LP (“Auxo”), a privately-held investment firm led by Robert Cherun and Erik Mikkelsen, announced today that it has begun its search for acquisition targets. Auxo is an entrepreneurial firm, located in Toronto’s MaRS Discovery District, seeking to acquire and actively manage small to medium-sized businesses. They will make controlling investments in stable, profitable companies with annual revenues of $10 to $50 million and cash flows of $2 to $8 million. Following the acquisition, the partners will take an on-site, day-to-day leadership role within the companies to grow revenues and streamline operations.
