Any capital providers interested in an Electrical contracting deal (under LOI) in the West Coast?

November 25, 2025

by a searcher from The University of Chicago - Booth School of Business in Seattle, WA, USA

I'm looking for capital support outside the SBA to acquire an electrical contracting business (under LOI) with good expansion potential through bolt-ons in the West Coast. It’s approx. $3m revenue and $1m SDE. I’ve offered ~$3.1m and the seller is willing to write note of ~$300k. I have committed capital of $600K. My background is in digital marketing and AI, and I want to grow the business around building individual brands for EV charging and generator installs. The deal has high keymen risk (active owners leaving), which I'm trying to bridge through pre-closing hiring (both onsite and offshore). If you have legitimate leads or are a capital provider, please reply to this post and I can DM you to share more information about the deal.

Reply by a professional
from Texas State University in Sidney, NE 69162, USA

We're not investors, but want to call this out: You're right about the keyman discount—but that risk becomes your problem at closing. Pre-closing hires often treat symptoms because we don't have full context. The real issue: the business was designed around specific people, not transferable systems. Without fixing that design, you're buying an expensive job, not an asset. Once you close, you'll need to rebuild the structure fast or you'll be trapped in operations. DM me if you want to talk about what to look for now so you know what you're buying. Good luck finding the right capital opportunity and a successful acquisition!

Reply by an investor
from University of Puget Sound in Seattle, WA, USA

I'd be a little skeptical of ~$1 million SDE with just $3 million in revenue in the industry unless there are wages of multiple owners who are very actively involved being added back. Happy to chat if you're looking for a strategic equity partner: redacted

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