Looking for a few equity co-investors — B2B services acquisition, Austria
March 21, 2026
by an intermediary from Warwick Business School in Vienna, Austria
Running a self-funded ETA search in Austria. I've identified a target through a licensed broker and am in early-stage discussions. Looking for a few equity co-investors to join the deal.
The deal:
B2B services business, Austria
Asking price: €490K
Revenue: ~€1.5M
Est. EBITDA: ~€140K (~3.5x implied multiple)
I'll be stepping in as full-time operator from day one
Capital stack:
My equity: €80K (+ search kicker)
Co-investor equity: €190K total (est)
Senior bank debt: €130K
Vendor loan / earnout: €120K (revenue retention trigger)
Total: €490K
Investor economics:
Minimum ticket €40K, targeting 1–5 investors
Base case: ~2x MoIC / 15% IRR over 5yr hold
Upside case: ~3x MoIC / 32% IRR over 4yr hold
20% carry to searcher above 8% hurdle — standard ETA terms
Shareholder agreement, pro-rata rights
Drop me a DM or reach out at redacted if interested
Thanks
George