Raising Capital for Hot Funeral Home Deal! (4-1 Arbitrage!)

searcher profile

November 21, 2022

by a searcher in Cleveland, OH, USA

Hello!

My name is Kleigh Jones and I'm the Founding Director of Reunion Funeral Homes, a new company aiming to become America's leading funeral service provider through acquisitions. We're working on closing our first deal, a $6.2mm acquisition of 4 funeral homes in the southeast.

We are getting this funded with 90% SBA financing (with a commercial loan identical to the SBA loan extending the LTV to $5.89mm) and $310k worth of seller financing, leaving $310k worth of equity needing to be injected. If anyone knows any person or institution that would be interested in putting up $310k in exchange for 20% of the deal, we'd love to talk. I'm happy to share more details with any interested party.

Thank you!

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commentor profile
Reply by an investor
in New York, NY, USA
Hi Kleigh, I'm interested.
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