Seeking a commercial lender for plumbing company acquisition

by a searcher

1 year ago

My team and I are in the process of interviewing commercial lenders for our acquisition needs.
We are in the process of acquiring a residential plumbing company in the south Florida area. The company is valued at 2.5x EBIT multiple, allowing us to achieve a DSCR of 2.0+. The seller will be staying in the business and will retain some equity in the company for the next 5 years.

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2 comments

lender from Virginia Polytechnic Institute and State University (Virginia Tech)

where is the company HQed?

1 year ago | like reply | 0 likes

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