Smallest EBITDA size ranges for Search and Independent Sponsors?
Perhaps I am overanalyzing, but my Search (me as operator) is usually at $750K and my Independent Sponsor threshold is usually around $2M in EBITDA, $5M if a large capital provider is coming in.
However, lately I feel these rigid requirements have left me out of deals that were otherwise pretty solid. If I don't need a salary, these seem like arbitrary floors installed by the "conventional wisdom" of others. Thoughts?
