Update on the NJ Physical Therapy Deal
August 06, 2018
by a searcher from Morehouse College in New York, NY, USA
This month, I negotiated a $2M purchase price reduction with my seller. As you can imagine, this boosts projected returns for investors. I've also recruited 2 local physicians to my deal team including a NJ based spine surgeon who adds his speciality and referrals to our practice group.
Our projected close date is August 30th and legal is currently writing up the APA for the seller. I have a small equity gap of $100k that you could fill - good for a 3x MOIC.
I'll be at The 40/40 Club in Manhattan tomorrow night at 6pm to present the opportunity to my investment club ( meetup.com/AICNYC ). Feel free to stop by or send me an email if you'd like to read the updated summary - redacted
from University of Pennsylvania in Dallas, TX, USA
What was the underlying basis for the purchase price reduction?
from The University of Michigan in Chicago, IL, USA