HOW DO YOU FIND DISTRESSED BUSINESSES THAT WANT TO SELL?
Hey there, I just recently joined this community and thought why not share what I am currently trying to figure out.
In the last month, I have decided to focus on finding distressed companies that have a ton of debt. Since all my previous hunting was more focused on healthy businesses this has been an interesting shift for me. I have been reaching out to accountants, lawyers, etc. but I am curious how this community would approach this.
Anyway, I am curious how you would go about finding businesses that are doing yearly revenue in the $25-100mil range that are weighed down with a significant amount of debt and are looking for solutions.