Hi
Has anyone if the SF community seen a deal for a distressed business where the price/consideration there is a 100% earnout. Basically if turnaround succeeds they get something but if it doesn't they get nothing. I saw a CIM for a distressed business where the owner is willing to leave working capital in the business, but it is unclear if the business has been irreparably damaged. I have related industry experience so it is of some interest to me.
Jeff
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