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Providing Capital & Management Solutions for Private & Public Companies and Sophisticated Investors

Dr Mark Rainbird

BlueMount Capital Secures Expansion Funding for Elite Military Fitness

I am delighted to announce that we have secured AUD $3.5 million in expansion debt financing for Elite Military Fitness (EMF), a leading Gold Coast based fitness and performance group.

EMF has built a chain of fitness and performance centres focused on providing the affordability of a small 24-hour gym, the personal service of a health club and the amenities and equipment of an elite training facility. EMF’s fitness centres were created to bring a more professional and personalised service to the community without the added expense. The Company’s aim is to offer a complete fitness model to the general population; a facility that caters for everyone’s needs without overcrowding and limited equipment.

The funds will be used to expand the group’s footprint, incorporating new centres, as well as providing equipment finance. The funding includes a range of business facilities such as loans, equipment finance, credit cards and a bank guarantee.

BlueMount Capital worked closely with the new funder and the client to secure the facilities, managing the approach to the market, providing financial modelling to support the transaction and negotiating with the financier, plus assisting with closing the transaction. The facilities provided, include flexible covenants for future growth while providing competitive interest rates on all the products offered. The funding is expected to assist in meeting the groups rapid expansion plans.

EMF co-founder Scott Freeman states “BlueMount Capital has been paramount in EMF realising our dream to delivering affordable and innovative health and fitness solutions to the greater Australian community. Their assistance has helped us create our new Nerang Performance and Recovery Centre and will be assisting us with our venture in our North Lakes venue later in 2019. The future for EMF is only looking brighter.”

About BlueMount Capital

BlueMount Capital is an Australia based investment firm and corporate finance group assisting and advising corporate clients on listing on the ASX, M&A, private placements, cross border transactions and the raising of capital from the equity and debt markets. For more information please email brisbane@bluemountcapital.com or phone +61 7 3160 2840.

BlueMount Capital Appointed as Corporate Advisor by Qponics Limited

BlueMount Capital is pleased to advise that we have been appointed Corporate Advisor by Qponics Limited.

Qponics Limited is a Brisbane based company focused on the sustainable production of EPA Omega-3 oils and other high-value products from Australian strains of algae.

The Company is planning to upgrade the existing pilot algae farm, to purchase a property for its commercial algae farm and submitting the DA and preparing to list on a suitable Australian stock exchange via an IPO in 2019.

The upgraded pilot algae farm in Brisbane and Qponics’ largescale algae farm to be built on the proposed 167.5 ha site at South Ballina will sustainably produce algae, from which omega-3 oil and high-protein biomass as a by-product will be extracted, integrating state-of-the-art technologies to maximise automation and minimise operational costs.

Our assignment will comprise being the corporate advisor, and raising funds now for a pre-IPO raising of $7M immediately followed by an IPO in 2019. For more information please click here or contact us.

Dr Mark Rainbird
Managing Director
BlueMount Capital