Major Health Care Insurance Program - Global
Consulting and Funding Provided $250K
The only program of its kind in the world, exclusively contracted with one of the top 5 health care companies in the world. Formiga's principal assisted in obtaining the worldwide program rights for initial launch in Canada. Capital raised was for ramping up marketing initiatives and building technology for medical records, live online diagnosis and to create remote approved practices in Canada.
REAL ESTATE ACQUISITION
NEGOTIATION AND FUNDING PROVIDED $2.4M
Formiga's principal directly negotiated and partnered in the acquisition of commercial properties in Alberta, Canada. All contracting, support, packaging for financing and management of the process from start to finish was facilitated by Formiga Capital.
Private Utility Company Restructure and funding Provided $4.5M
Formiga provided support services and sourced funding options, which saved this company from insolvency. This allowed the company to restructure its executive team, streamline operations and pay off bank debt so that they could target future projects and expand into new markets.
Medical Clinic Startup
Consulting and Funding Provided $350K
We assisted in creating the structure, business plan and starting the corporate entity which obtained financing for a new clinic in Southern Alberta.
Development Company Reorganization
Consulting and Funding Provided $3.2M
Formiga was contracted to consult to an Alberta based land development corporation. As part of the reorganization, we restructured the corporation, streamlined operations, cleared up aged payables and disposed of under-performing assets; saving the company over $3M during our 12 month contract with them.