Seeking SBA-Qualified Partner for $13M Excavating & Paving Acquisition (Midwest)

I’m looking to connect with an SBA-qualified financial partner or co-buyer for a blue-collar acquisition in Indiana. The business is a long-established excavating & paving company with a strong operational base and solid fundamentals. Public Listing Snapshot: • Asking Price: $7,499,999 • 2024 Revenue: $13,617,146 • 2024 Net Profit: $1,668,843 • 42 employees • ~$3.5M in equipment/assets included • 21+ years in business • Mix of residential, commercial, and government work • 2–3 million in backlog expected to transfer • $500k/year CapEx (normal for fleet-based operations) • Seller is retiring and will assist with a thorough transition • Some seller financing may be available depending on structure • SBA eligibility noted in the public listing The company serves an ~80-mile radius, has long-tenured higher-level employees, and includes a strong estimator/key person who could help ensure continuity. Where a partner fits in: I’m seeking an SBA-qualified financial partner to collaborate on the acquisition. I would take on the full operating role (day-to-day leadership, managing teams, running the business). A silent or mostly passive role on the partner side is perfectly fine. I’m open to a 70/30 structure or something comparable depending on how the financing comes together. If you have experience partnering with operators on SBA-backed acquisitions, investing in heavy-equipment / construction businesses, or just want to see whether this deal aligns with your criteria, I’d be happy to connect. I can share the public listing and high-level details and discuss next steps. (Private financial information subject to NDA, of course.) Thanks, --Randall