New deals to consider at 2-4x EBITDA - I'm interested in funding the pref

May 06, 2024
by an investor from Ivey Business School at Western University in Boca Raton, FL, USA
I’m looking to invest in several self-funded searchers over the coming months. The following new acquisition opportunities were posted in the past few days by the broker and are available for 3-4x EBITDA (based solely on the public listings). I would be interested in funding zero-rate preferred equity if I like the deal. See below summaries and links to the listings at the bottom:
You may have to copy/paste the below link instead of just clicking on it, for some odd reason:
Commercial HVAC in Miami – $3.0M at 0.4x revenue and 3.8x EBITDA of $800k + seller financing Comm. HVAC in Rocky Mtn – $2.85M at 1.3x revenue and 3.4x EBITDA of $829k + seller financing Insulation contractor in NC – $1.775M at 0.6x revenue and 2.5x EBITDA of $700k Pool service and supply in KY – $1.6M at 0.6x revenue and 2.3x EBITDA of $700k Roofing co in Toledo, OH – $1.2M at 0.6x revenue and 2.5x EBITDA of $475k Roofing contractor in NC – $1.0M at 0.3x revenue and 1.7x EBITDA of $600k
Commercial HVAC in Miami – www.bizbuysell.com/Business-Opportunity/commercial-hvac-consistently-highly-profitable-growing/###-###-####
Comm. HVAC in Rocky Mtn – www.bizbuysell.com/Business-Opportunity/commercial-municipal-and-industrial-hvac-38019/###-###-####
Insulation contractor in NC – www.bizbuysell.com/Business-Opportunity/well-established-commercial-and-industrial-insulation-contracting-1849/###-###-####
Pool service and supply in KY – www.bizbuysell.com/Business-Opportunity/48-yr-old-swimming-service-and-supply-business-serving-central-kentucky/###-###-####
Roofing co in Toledo, OH – www.bizbuysell.com/Business-Opportunity/northwest-ohio-roofing-business/###-###-####
Roofing contractor in NC – www.bizbuysell.com/Business-Opportunity/historical-roofing-services-company/###-###-####
I would be interested in funding zero-rate preferred equity for up to the full equity requirement if I like the deal. I can also consider the traditional pref structure for this or other acquisition opportunities. Ask me how the two models differ. In either case, I’m happy to provide a letter of support with proof of funds for you to share with the broker, and to review the broker package before you submit an LOI. I invest in home services, professional services, and any other stable industry, and I hope to back 7 searchers over the next six months with $100k to $1M checks in businesses generating $500k to $2.5M of EBITDA. You can DM me or reach me at redacted either to discuss these deals or any other deals you are working on.
Regards, Jeff redacted
from University of Utah in Salt Lake City, UT, USA
from Cornell University in Cincinnati, OH, USA