Equity to debt in search funds
October 02, 2022
by a searcher from University of Delhi in Bengaluru, Karnataka, India
Unfortunately we don't have a polling feature on searchfunderm but would love to learn from fellow search entrepreneurs, equity investors and lenders about the typical leverage seen in search fund deals.
I understand this would be a function of ebitda and/or free cash flow which would drive the ability to service the debt while ensuring enough cash to grow the business, but would like to learn the industry average here.