Commercial Cleaning Business Under LOI - $18M Deal Opportunity

May 30, 2024

by a searcher in Montreal, QC, Canada

Raising capital for a high cash flow commercial cleaning business deal. The deal is under LOI and the seller is looking to exit asap. The purchase price is $18M, and the seller agreed to finance $4M of it. We are looking for $14M as a mix of debt / equity. The team behind the HoldCo that will acquire this business has experience running a company in the same sector and is now looking to acquire this one to serve as a platform company. FY2024 numbers: $30M in revenue with $3.6M in EBITDA (~12% margin). Type of financing: - Senior debt - Mezz debt - Equity Please reach out by DM or email me for more info redacted

Reply by an intermediary
from University of Birmingham in Vauxhall, London, UK

Quilan, we have hundreds of specialist lenders and investors specifically looking for projects like this B2B service business embedded into Foundy's end to end fundraising dashboard. Learn more here https://foundyglobal.framer.website/fundraising Here is the direct link to go through to the US questionnaire https://foundy.swoopfunding.ca/stage It only takes 10 minutes to apply and then you can instantly compare lending options that may be suitable. Happy to help you or anyone currently raising capital or raising soon. We can support raises from $25k to $25 million. Here is my meeting booking link https://calendly.com/joe-7yw/30min?back=1&month=###-###-####

Reply by a professional
from University of Massachusetts Amherst in Boston, MA, USA

Hi Quilan, we help ETA entrepreneurs secure funding for their searches. We can potentially help you out with funding. Could you fill up this form: https://form.jotform.com/ridethewave/funding-ally, and please text###-###-#### or email redacted and I can see if we can help you out.

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