Closing the gap - self funded searchers with a "tiny" equity gap to fill
August 18, 2023
by a searcher from University of Southern California in Mid-Atlantic, USA
We're deep into the acquisition process on a $4.5MM tech services company.
We have a TS for 60%, plus operating funds, fees, and closing costs.
We're vetted, the business is vetted (pre-valuation), and we are ready to go to underwriting.
BUT - the seller is demanding 80% at closing and holding fast. (he's still smarting from a price plummet from $6MM)
We are interested in an equity partner(s) to help us close the deal and have a full document package for your review.
Please reply with an email address and we will follow up quickly. Thanks!
in Rindge, NH 03461, USA
from University of Pennsylvania in Coconut Grove, Miami, FL, USA