SIG Self-Funded Searcher Retained 80% Ownership of $1.3 Million EBITDA Deal

investor profile

November 11, 2021

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

Self-funded searcher ^redacted‌ acquired an institutional pharmacy in 2021 for 4.3x EBITDA of $1.3 million. Lance partnered with Search Investment Group (SIG) for capital structure, negotiations, debt, and equity capital raise support to get the deal over the finish line.


Lance retained over 80% of the common equity – a life-changing outcome. Congratulations to Lance and the full team on another successful self-funded search outcome!


We discussed with Lance his experience during the search, throughout all phases of the deal, and what it was like to work with the SIG support team.

https://youtu.be/OG8aNjvVLk4



^redacted‌ ^redacted‌ ^redacted

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commentor profile
Reply by a searcher
from Brown University in San Francisco, CA, USA
As promised, the latest episode of Acquiring Minds with SIG partners ^redacted‌ and ^redacted‌:

https://acquiringminds.co/articles/jordan-carter-robert-graham-search-investment-group

You can read the conversation highlights at that link.
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Reply by a lender
from California State University, Sacramento in Seattle, WA, USA
^redacted‌ ^redacted‌ Live Oak Bank was so honored to have worked with ^redacted‌ and the SIG team on this wonderful project. It was a great combination of our Searchfund Lending SBA expertise and our Pharmacy vertical chops. Let's do another one!
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