Seeking debt and/or equity funding
August 31, 2020
by a searcher from Concordia University - John Molson School of Business in Toronto, ON, Canada
Looking to raise CAD $10.5M cash at close
Owner will be rolling over some + a portion of the deal is contingent on an earnout
2020 EBITDA around $3.5m
Ideally I would like to fund this deal entirely with debt. However, willing to consider other options if required.
The company is located in eastern Canada
Pros:
Long term government contracts (up to 5 years)
Positive Marco trends
High barriers to entry
Cons:
3 major contracts – high client concentration
Low / no Capex required to grow
from Dartmouth College in Garden Grove, CA, USA
from Stanford University in Honolulu, HI, USA