Self-Funded Searcher Retained 70% Ownership of $2 Million+ EBITDA Deal

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July 12, 2021

by an investor from University of Pennsylvania - The Wharton School in Dallas, TX, USA


A successful self-funded searcher discussed with two of the partners of Search Investment Group (SIG) to cover all aspects of his journey. The interview is available here on YouTube:

https://youtu.be/olt2UZDaagI

Learn more: www.searchinvestgroup.com

Contact SIG: redacted redacted class="link toggleprofilecard ffb" cite="17097" data-user_id="17097">Aaron Walker‌ ^redacted‌ ^redacted‌


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Reply by a searcher
from The University of Georgia in Mexico City, CDMX, Mexico
Loved this, its good to here there are other people out there just raising $1-$3million to buy on a brokerage etc, I will def reach out to SIG. sometimes it feels everyone is going massive but being that I just had my first successful exit on my first 7 figure business, I think going super big on a first deal is too risky. I know going small like you did can be a bit unattractive to certain investors, esp family offices, but you stuck with it and did a combination of SBA and giving investors diluted equity to end up still getting 70% ownership very impressive. My only question is how did you convince the bank to allow investors past 20% without them signing a personal guarantee? It seems most banks don't want to deal with investors beyond perhaps just one at less than 20% to cool off the payments, .... Also curious how did you convince the sellers to accept SBA in this super hot sellers market rather then cash ?
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Reply by a searcher
from Rice University in Houston, TX, USA
Congratulations ^redacted‌. Thanks for sharing ^redacted‌^redacted‌‌‌
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