Fire Suppression Acquisition - LOI signed - 550k EBITDA

searcher profile

November 18, 2020

by a searcher from Cornell University in New York, NY, USA

Hello - I am under a LOI to purchase a fire suppression business based in Maine and NH with 550k EBITDA - Half of the business is focused on installing highly engineered systems for gas stations and food processors, the other half is recurring service and inspection of installed systems. Price is 2.5MM and we expect 1MM in debt, 1.5MM equity. This deal will start the launch of North Haven Capital as an independent sponsor focused on New England companies: northhavencapital.com. Just joining this network I'd be interested in talking with people interested in the above or people that have had direct experience in the fire suppression industry.

Thanks,

Drew Bagin

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commentor profile
Reply by a lender
from Rutgers, The State University of New Jersey in Syracuse, NY, USA
Drew congratulations on reaching LOI stage this is a big step forward. Cardinal Capitol Specializes in debt placement for business acquisition deals. We research multiple lenders to place your deal with the lender that is most anxious to do your deal. Every lender has a different credit Model. We have specialized in learning the different credit models and the SBA guidelines. We are intermediaries that are paid buy the lender who ultimately funds your deal. We do not charge any fees
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Reply by a lender
from The University of Michigan in District of Columbia, USA
Drew, congrats on your LOI. Many of us are ex-investment bankers or private equity professionals and have worked on numerous acquisitions. We can help with SBA or non-SBA financing for acquisitions. Feel free to email me at redacted
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