Seeking investors to fill equity gap for Healthcare Provider Platform
We have two great provider businesses under LOI targeting an end of June close date. Both businesses are cash-based, together generating ~$2M EBITDA, with a deal price of 3.1X, including a substantive 3 year earnout and significant rolled capital. One business is in female health and is expected to consistently produce $1.5M cash while we transition providers (already identified OBGYN replacement), while the other has tremendous growth potential in an exciting men's health market where the seller will remain on-board and open new locations as we replace him in the first site.
~$4M raised to date from a high-quality group of traditional search investors, strong board of directors formed with one open seat, looking to add up to $2M before close.
Contact me privately if interested in speaking. Would like to schedule conversations ASAP.