SEEKING DEBT AND/OR EQUITY FUNDING
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