Seeking capital.
This is a proprietary "off market" opportunity under LOI and I am actively seeking equity and debt for this deal. The target company has been a family owned and operated business since 1951 and is a U.S. manufacturer and worldwide distributor of high quality tools for the aviation industry. The company primarily serves the commercial aviation markets (airlines and MROs) and sells its products worldwide in North America, Europe & Asia. The company's core product is tooling for aircraft structures, which includes fastening, riveting, drilling, and all the accessories that go with it. The target company is valued at $11M - $11.8M based on a 5.5x to 5.9x EBITDA multiple on $2M EBITDA and I am structuring this opportunity with senior debt, seller note, equity rollover and deferred payments over 3-5 years with a small equity injection at closing. The owners have agreed to take 50% of the purchase price at closing with the remaining balance paid over 3-5 years via a seller note and deferred installments. The owners will also roll 20% equity into the deal. Key Highlights: *The company's core product is specialized tooling for aircraft structures, which includes fastening, riveting, drilling, and all the accessories that go with it *Primary customers are commercial aircraft manufacturers, commercial airlines, and commercial MROs *No significant customer concentration (11%) Deal Terms: Offer: $11M - $11.8M EBITDA: $2M (FY23) Multiple: 5.5x - 5.9x on $2M EBITDA Equity Rollover: Owners will roll 20% equity Seller Note: 30% of purchase price to be paid within 3-5 years of Closing Equity check = $1.50M - $1.90M Please email me at --@----.com if you are interested in participating as an equity investor or debt lender.

industry
Manufacturing
location
New York State, USA
revenue
$20,000,000
ebitda
$2,000,000
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