Oakstrom Advisors’ Post

Aimia Inc. delivered strong Q3 2023 results driven by performance from both flagship portfolio companies, Bozzetto Group and Cortland International, acquired earlier in 2023. Highlights included: ✅ Combined Adjusted EBITDA of $17.4 million ✅ Consolidated Cash Flow from Operations of $11.9 million and $4.2 million on an adjusted basis The performance in Q3 demonstrates the strength of these businesses, the quality of the respective management teams, and their cash flow-generating ability. Phil Mittleman and the team have successfully transformed Aimia into a cash-generating holding company focused on control stakes with significant upside potential. #permanentcapital #strategicinvestment #cashflow #holdingcompany