Project Switch is a rapidly-growing electrical services business serving three market locations across North & South Carolina (Charlotte, Raleigh & Greenville).
The company has achievedredactedStar reviews from customers in its short tenure, and is on track to generate $8mm in sales and $1mm in EBITDA this year!
Our firm is investing in this convertible note, with a 25% PIK annual yield, given its unique structure with downside protection, and upside participation as this company scales.
We believe the note will generate 25%+ IRRs and a 3.7x multiple of invested capital over five years.
One-Page Teaser: redacted
NDA: redacted
Investor Form: redacted
We will host an Investor Zoom on February 18 and 1 x 1’s with interested parties. Please complete Investor Form and NDA to receive CIM and Investor Zoom invite.
We are raising up to $2.5mm and asking for soft commitments ($50K min) by February 21 and capital calls by March 6. Accredited investors only.
Email redacted or visit redacted for more info.