debt with no equity

by a searcher from University of Pennsylvania - The Wharton School

4 years ago

Hi Searchfunder Community - I am evaluating a proprietary deal with $2M EBITDA.  Looking at a ~$6M purchase price.
Asset coverage: business has $3.5M of A/R+Inventory (all of it good)
I am seeking lenders who would fund the entire deal without the requirement of significant equity investment where I and the existing CEO would end up with 90% of the business.  Will roll fees.

Real opportunity to take the business to $4M EBITDA through either vertical acquisition or vertical organic expansion.  Likely to require additional capital for both over first###-###-#### months.

Be great to hear from all the lenders or suggestions from others on lenders or structure.

Many thanks!

6 likes
394 views
19 comments

searcher from State University of New York at Oswego

How did this turn out?

5 months ago | like reply | 0 likes

professional from Georgia Institute of Technology

did you close this deal?

3 years ago | like reply | 0 likes

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