Looking for deal debt in Australia. LBO of a partnership.

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November 13, 2023

by a searcher from Missouri University of Science and Technology in Perth WA, Australia

Team,

I’m looking for someone who can help me navigate an interesting purchase.

The target firm is a medical devices supply and distribution business, being operated as a partnership.

As I understand, partnerships are not durable through change of membership, including additions and departures of members. Share purchases are out, as the partnership would have to re-structure to become a company in order to transact under share purchase.

This makes the supplier/buyer relationships, which are so valuable, subject to being novated/assigned to the NewCo post acquisition.

Is there anyone who would lend on this acquisition?

Please PM here or text###-###-#### .

Directionally seeking $200-250k in debt, real estate is carved out.

-Cory

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Reply by a searcher
from Missouri University of Science and Technology in Perth WA, Australia
For the removal of doubt, figures are in Australian Dollars terms.
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