Self Funded Searcher - Equity Timing
I am currently a self funded searcher. I'm in search of business generating about $750k of EBITDA/SDE. I have enough cash on hand for a down payment (up to $750k). I would like to de risk the business acquisition and try to include some additional equity partners.
Is there any particular advice for the timing of reaching out to investors? What level of detail needs to be shared on a deal to get investors interested? Any thoughts on the amount of total equity that would be reasonable to raise in this situation?
Thanks.