Added to YB: 2026-02-03
Pitch date: 2026-02-02
ENDI [bullish]
CrossingBridge Advisors, LLC
Author Info
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Company Info
CrossingBridge Advisors, LLC is a publicly owned investment manager. It primarily provides its services to investment companies.
Market Cap
$128.0M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
32.65
EV/Sales
N/A
Sector
Capital Markets
Category
value
ENDI Corporation (ENDI)
ENDI: Asset manager w/ $4.2B AUM (+rapid growth since 2017). CBA advisory segment = 97% rev, 56% adj EBITDA margin. Sold 25% CBA stake for $26M ($104M implied value) w/ buyback option at 3x rev. Warrants & $1.64M transaction fees created P&L noise in 2025, now eliminated. $45M net cash (~50% mcap). Founder David Sherman owns 50%, strong capital allocator. Conservative $12M annualized EBITDA x 10x = $120M value, 55-60% upside from today
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