Total Merchant Resources
Total Merchant Resources - Professional Services
Pitch Details
Season / Episode
S5E6
Oct 25, 2013
Ask
$200,000
for 20%
Ask Valuation
$1M
Deal
$200,000
for 50%
Watch the Pitch
Deal Terms
Amount$200,000
Equity50%
Valuation$400,000
Kevin O'LearyWhat Happened Next
Deal Fell Through
Deal with O'Leary never finalized during post-show due diligence; company saw 500% growth from TV exposure alone
Thriving
$16M
reported
- Deal with Kevin O'Leary for $200K/50% never finalized
- Business increased 500% in first year after show
- Annual revenue reaching $16M
- Net worth of $5.5M
- Expanded beyond credit-card receivables to ACH and POS systems
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