Would love folks' opinions on what is reasonable in terms of self-funded searcher equity allocation:
- current owner to roll a significant amount of equity (20% area) and remain involved in day to day
- looking to have outside equity sources cover the majority (but not all) of the cash equity (happy to have a preferred equity situation for this group)
- debt ideally would come w/o a PG
I understand that a large common equity ask here might be a reach (especially w/o PG on debt) but thought considering the deal risk I am taking on and for putting deal together that something substantial might be possible. I appreciate your feedback and it will be helpful in going to equity sources for an initial ask. Thank you!
Reasonable equity allocation to self-funded searcher?
More on Searchfunder
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.