Looking for Debt Capital - Healthcare Packaging Transaction

July 02, 2025
by a searcher from Yale University in New York, NY, USA
Company was recently bought as a carveout from larger entity. Company has three divisions, one industrial, one software and a health care/medtech device packaging
Now ownership doing another carveout of a health care packaging business (stable, growing, makes pouches for new medical devices that they are shipped in to customers)
Newco looking for debt on the healthcare packaging business
Current EBITDA ~2.3mm and will grow to ~3.7mm in one year through
1. already identified insurance savings (0.3mm)
2. Lease savings (moving operations to new building with cheaper lease) (0.6mm)
3. Other overhead savings (0.6mm)
Looking for ideas as to leverage levels on Newco and looking for non-recourse debt
Happy to share more info with debt brokers
Am partnered with current equity holders on this carveout transaction
from University of Toronto in Toronto, ON, Canada
from The University of Texas at Austin in Austin, TX, USA