Deal Under LOI for a Strategic Growth Opportunity

searcher profile

January 04, 2024

by a searcher in Toronto, ON, Canada

I am officially under LOI to grow our business via a strategic acquisition! I currently own and operate a business in Canada and have entered an LOI phase to purchase a company in the same industry in the Southern US. The company distributes, services and manufactures industrial testing equipment in their market, which has a heavy oil and gas presence with great opportunities to grow and expand. This is a huge opportunity to grow my group of companies and would double our revenue, while entering a new and growing market with a lot of synergies. If any lenders or interested parties would like to learn more about this deal, I’d be happy to discuss asap!
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Reply by a professional
from James Madison University in Washington, DC, USA
redacted‌ sounds like an exciting time! I've conducted several strategic acquisitions (four last year) and am available if you need help with financial diligence or just a second set of eyes on a particularly challenging area. Feel free to DM me
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Reply by a lender
from Fordham University in Fort Myers, FL, USA
Noah, do you own the real estate and equipment? What is the collateral value? Reply to: redacted
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