Looking for Equity Investors - Live Deal

June 02, 2021
by an investor from Harvard University - Harvard Business School in Houston Heights, Houston, TX 77008, USA
I have a US-based business services deal under LOI that I am raising money for.
Deal Terms:
$1.0M Adj. EBITDA
$4.0M purchase price
$3.1M SBA loan
$400k seller note
$500k equity required
I will be selling $500k of preferred equity. It will have a preferred return of 8% and will convert into 15% of the common equity. The preferred shareholders can expect a 35% IRR. I prefer a minimum equity check size of $50k but will take $25k if necessary. Please leave a comment if you're interested in these terms. Thank you!
from Drexel University in Philadelphia, PA, USA
from University of California, Berkeley in San Francisco Bay Area, CA, USA