Anyone here purchased a company in which the owner sells 55%...

searcher profile

December 12, 2024

by a searcher in Madrid, España

Good morning.

Has anyone here purchased a company in which the owner sells 55% of the company and the remaining 45% is held by the owner? In addition, that 45% will be paid annually with a 7-year payment schedule with an interest of 4%.

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commentor profile
Reply by a professional
from University of Michigan in Detroit, MI, USA
Hi Anon, we've helped buyers close on majority/minority partnerships and I'd be happy to talk about our experiences. But regardless, this situation sounds odd. Either the seller retains the equity or you sign a promissory note and purchase that equity. You wouldn't normally sign a note and let seller retain the equity. Perhaps I've misunderstood. Happy to discuss further. Feel free to reach out at redacted
commentor profile
Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
We have funded partial business acquisitions. Happy to have a discussion about options. You can reach me here or directly at redacted
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