Mezz Debt / Alternative Financing Options - Seeking $15 million:
September 06, 2023
by a searcher from Southern Methodist University in Dallas, TX, USA
I’m under LOI on a niche heavy equipment transportation company. With the QofE expected to be complete by EOW next week, I am in the process of nailing down a debt provider.
Deal:
Location: North Carolina (Opportunity Zone - New Markets Tax Credit qualified area) Purchase Price: $17.1mm TTM Adjusted EBITDA: $5.6mm (net EBITDA margins > 40%) Seller Note: $2mm Collateral: $11mm (trucks) Notes: My family currently owns and operates a similar company.
I am fortunate enough to have a couple compelling term sheets in hand. The terms I am seeking will no doubt be “aggressive” by market standards.
Lenders & other financing providers, please send me a PM if you wish to discuss. It might be quicker to reach me at###-###-#### or by email at redacted
Thanks.
from City University of New York (CUNY) System in 5150 E Pacific Coast Hwy, Long Beach, CA 90804, USA
from The Catholic University of America in West Conshohocken, PA, USA