Potential Deal £3m Adjusted Operating Profit

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May 26, 2023

by a searcher from London Business School in London, UK

Dear All,
We are finalising an LOI for a deal in the UK. £3m adjusted operating profit, 6.5x multiple. B2B vehicle supply to the insurance industry with a 90% annual recurring revenue under a Master Services evergreen agreement. With a corresponding agreement to sell vehicles back to a leading manufacturer.. 100% shares, the owner is willing to move into a chairman role for a period of transiton. If interested we are happy to dicuss further

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Reply by a searcher
from University of Minnesota in Marysville, WA, USA
Hi Saadat! Congrats on finalizing the LOI! To clarify, are you looking solely for equity from investors, or would you be open to debt financing options?
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Reply by a searcher
from London Business School in London, UK
Apologies on the lack of clarity! We would be looking to find approx £7m in equity from investors who would be interested to support.
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