Assuming an acquisition of a relatively stable business at a 4.0X EBITDA multiple - is there an equity stake level above which it would be possible to secure a loan without having to guarantee personally?
I would be very interested in reading about deals that have been structured with equity, seller notes, and debt where the debt did not include a personal guarantee.
If there are such examples, it would be most helpful to know the percentage of equity, seller note, and debt relative to the transaction's EV.
Thanks,
Debt without personal guarantee

by a searcher from New York University - Leonard N. Stern School of Business
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