Hello everyone. I am conducting a self-funded search within a small geographic area while also working full time. I recently contacted a broker to inquire about a listing with advertised $1.7MM EBITDA. Upon completing the NDA and personal financial questionnaire, The broker declined to provide the CIM. I'm sure the broker is merely trying to avoid a large amount of tire kickers to eventually lead to nowhere.
My question for the community is, What are the generally accepted practices within the ETA community for a self-funded searcher (who knowingly will need investor support to close a deal) to review a business valued above that which his/her personal situation can support?
I would certainly appreciate any insight.
(QUESTION) Self-Funded Searcher Access to Large Deal CIM
by a searcher from American Military University
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A one-liner that checks the boxes for seriousness and means has served me well.