M&A Structuring

searcher profile

August 29, 2019

by a searcher from Harvard University - Harvard Business School in Boston, MA, USA

If the underwriting plan includes a lot of expected M&A in the future, how do searchers usually think about structuring how new capital enters the company e.g. when you raise incremental capital on a deal to do acquisitions?

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commentor profile
Reply by a searcher
from Cornell University in Denver, CO, USA
Hey Pat - the easiest place to start is with your lender. You should be able to negotiate flexible accordion features to allow for easy "re-ups" of debt dollars, or even a dedicated delayed-draw term law if the M&A is real / actionable. Happy to chat further if you want to send me a note (I've done 30+ add-ons for portfolio companies).
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