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Prevail Hand Cleaner productDeal made in the Den

Dragons' Den Canada Season 8 · Episode 19

Prevail Hand Cleaner

industrial hand cleaner

The ask$200,000for 15% of the business
Implied valuation$1.3Mask / equity
On-air resultDeal agreed
Founders: Greg Bailey, Garrett Nelson, Stephen Likely

On the record

The deal, on the record

Prevail Hand Cleaner pitched for $200,000 in return for 15% equity.

Season
8, ep 19
On-air outcome
Struck a deal
Deal terms
$200,000 for 22% from Jim Treliving (ask was $200,000 for 15%). Same article confirms it closed on air: "With the deal done, Likely and his team banked $200,000 for start up expenses, inventory and branding." It also names who was out: "Bruce Croxon] is a technology guy, so he was out. So was David, leaving Kevin, Arlene and Jim."
Investing Dragon
Jim Treliving
Category
Kids and Family

Tracked by Dragons Den Hub. Deal terms come from the aired episode; availability reflects our latest check only.