Interested in Speaking With Independent Sponsor Investors

by a searcher

1 year ago

Hi all- I am in (quite early) discussions with a manufacturing business that's doing somewhere in the range of $9M - $12M in EBITDA with a retiring owner. The owner is hands off and existing management / CEO is looking to stay in place, and they're interested in an independent sponsor buyout with an operator (me in this case) joining and working with the CEO.

Does anyone have experience in these sorts of transactions that they're willing to share? I'm a self-funded searcher that formed a relationship with management circumstantially. I'm also looking at investors who could support the buyout and would love to talk with any interested parties.

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5 comments

professional from Rice University

Feel free to DM for an intro call. The questions you ask are both very important and the sweet spot of why my company exists.

1 year ago | like reply | 0 likes

searcher from Harvard University - Harvard Business School

Be cautious regarding the hands off. Gauge the amount of time that this management team has been in place and what their performance has been. I’ve seen some really poor performing teams that were basically running off the steam created from a recently departed owner.

1 year ago | like reply | 2 likes

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