Looking for an investor/partner/additional funding (Texas based MSP)

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December 04, 2024

by a searcher in Austin, TX, USA

I am currently working in this business as a part of the sellers transition plan. I am seeking an equity partner or alternative financing to acquire this well-established MSP in Central Texas. Annual revenue: ~$2M with consistent YoY growth. SBA financing secured for 50% of the purchase price. Business Highlights Services Offered: Managed IT (MSP), Security (MSSP), Fractional CIO, and Tech Consulting Financials: ~$2M annual revenue, zero historical marketing spend Growth Potential: Proven organic growth in a high-demand market Investment Highlights Secured Financing: SBA loan covering 50% of the purchase price Experienced Leadership: Acquisition led by a 20-year industry veteran (me) Strategic Expansion: Central Texas growth market with increasing cybersecurity needs Active Transition: Buyer integrated into the business due to high client demand Succession Opportunity: Current owner retiring, ensuring smooth transition Investment Opportunity Seeking equity partner or flexible financing terms Detailed financials available under NDA Contact Aaron Morris (###-###-#### redacted
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Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
Just curious why your SBA loan is only for 50% of the purchase price. You should be able to get higher leverage with a $900 in EBITDA unless the price is really high. Happy to have a discussion if you like on options. You can reach me here or directly at redacted
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Reply by a searcher
from Troy University in Alpharetta, GA, USA
Hi Aaron, Not sure if you still need help but sent you message. Either way I'll look forward to your response.
Chris
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