[4-6 Wk Close] Raising Mezz/Equity for $18M EV Infrastructure MSP ($3M EBITDA)
Searcher transitioning to independent sponsor with a $3M EBITDA infrastructure Managed Service Provider (MSP) deal under LOI. Due diligence is well underway, and we are on track for a firm close within the next 4 to 6 weeks.
We have already secured an attractive senior debt term sheet for $3M (1x leverage). We are now looking for the right junior capital partners who can diligence and execute quickly to fill out the remainder of the capital stack.
Capital Stack Breakdown:
• Total Enterprise Value: $18M (~6x EBITDA multiple)
• Senior Debt: $3M (1x leverage) — Term sheet in place
• Mezzanine Debt Target: $6M (2x leverage)
• Equity Needed: $3.5M
• Balance: Remaining balance covered via seller note and sponsor rollover
Partner Profile Sought:
We are looking for a mezzanine lender who can also co-invest in the $3.5M equity raise, or a flexible junior capital provider. Alternatively, we are open to splitting the junior debt and equity pieces across separate institutional groups that can meet our 4-6 week closing timeline.
Key Deal Highlights:
• Operations: Infrastructure Managed Service Provider (MSP)
• Geography: Co-headquartered in the Midwest and South (excluding TX), with a national footprint
• Financials: Strong 30-40% EBITDA margins with a highly sticky, PE-backed customer base
• Revenue: Predictable, highly recurring and reoccurring revenue anchored by solid contracts in place
• Moat: Defensible proprietary technology platform
• Transition: Complete management team in place post-transaction
Comment to receive the teaser and transition to an NDA.