Independent Sponsor and Leverage

June 22, 2024
by a searcher from University of Virginia-Darden - Darden School of Business in Charlottesville, VA, USA
I'm working on the independent sponsor model of ETA. I run a family business and want to take the success I've there and apply those skills elsewhere. I've been able to source few deals but I'm looking at the debt piece. I was hoping to know how others handle that. Do you as the searcher provide the PG? Do your sponsors provide the PG? Is the there away around the PG.
A lot of the appeal of an independent sponsor modeldeal goes a way if you have PG. With that said I am planning to invest a sizeable portion of my networth into the deal. I also realize that the economics are completely different and the equity portion is going to be much lower.
from University of Pennsylvania in Charlotte, NC, USA
from Columbia University in Jacksonville, FL, USA