Looking for 15MM debt for a 25MM acquisition

searcher profile

December 01, 2021

by a searcher from Vellore Institute of Technology in Indore, Madhya Pradesh, India

Deal size: Approx 25MM
LTV we are looking for: 40% to 60%
Company type: Well established trucking company
Cashflow: 7.5MM

Kindly reach out to me in DM if interested.
Looking for a right partner to work with.

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commentor profile
Reply by a searcher
from Northwestern University in Naperville, IL, USA
I feel like I'm on a crusade against trucking companies. I want to caution you about buying a traditional dry van, refrigerated or flatbed company, highly specialized are more or less OK. Alternatively, this company might be outside of the US. Trying to look out for fellow searchers.
commentor profile
Reply by a searcher
from University of Kentucky in Houston, TX, USA
Varun: I would echo Alexander's sentiments. Vanilla trucking is a hard business. I would highly advise you to speak with a few trucking company operators before you jump in. All the best! --Madan.
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