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.
Lenders lending at 4x leverage for 2m ebitda business (90% recurring)
by a searcher from Harvard University - Harvard Business School
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