Lenders lending at 4x leverage for 2m ebitda business (90% recurring)

by a searcher from Harvard University - Harvard Business School

2 years ago

Was wondering if anybody had recommendations for banks / bdcs / credit funds willing to provide 4.0x leverage for a business we are looking at. Purchase price is 6x, with 90% recurring revenue and only 10% annual revenue churn. High free cash flow conversion due to asset-light model.

Have gotten a few initial indications at that mark but wanted to make sure we were covering all bases.

0 likes
173 views
8 comments

lender from Universidad Pontificia Comillas

4x sounds reasonable for a SaaS business. Banks + Mezz would be a good option. Happy to have a look if the deal is based in Spain

2 years ago | like reply | 0 likes

lender

Over the years of my career I have worked for the big banks, the regionals banks, community banks and nonbank lenders. If you'd like to share more information regarding the project, email me at --@----.com --- I source best loan structure for change of business ownership loan projects expediting turn times by finding the right lender to match the request. All the best. -Deb

2 years ago | like reply | 0 likes

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

2 Best Ways To Find Motivated Sellers, Off-Market Deals

Downsides of "buying a job" below 750k+ EBITDA?

Thought piece: Proprietary sourcing methods that delivered 2 acquisitions

6-7x for a Self-funded Search Deal?

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.