New deals to consider at 3-4x EBITDA -- I'm interested in funding the pref

investor profile

April 22, 2024

by an investor from Ivey Business School at Western University in Boca Raton, FL, USA

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:

Generator service in MA – $6.1M at 0.7x revenue and 3.9x EBITDA of $1.55M Texas pool service – $1.8M at 0.8x revenue and 3.6x EBITDA of $500k Saint Louis landscaping – $1.7M at 0.9x revenue and 3.1x EBITDA of $550k Los Angeles CPA firm – $1.4M at 1.2x revenue and 2.8x EBITDA of $500k

Generator service in MA – www.bizbuysell.com/Business-Opportunity/top-electrical-service-and-generator-co/###-###-####

Texas pool service – www.bizbuysell.com/Business-Opportunity/corpus-christi-pool-service-route-for-sale/###-###-####

Saint Louis landscaping – www.bizbuysell.com/Business-Opportunity/well-respected-lawn-care-business-846/###-###-####

Los Angeles CPA firm – www.bizbuysell.com/Business-Opportunity/long-beach-ca-ea-and-cpa-practice-for-sale/###-###-####

I would be interested in funding zero-rate preferred equity for up to the full equity requirement, at a 2.0x step-up and 0% pref rate, if I like the deal. I can also consider the traditional pref structure. In such a 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 primarily invest in home services, professional services, and other stable industries and 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

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Reply by a searcher
from University of California, Los Angeles in San Francisco, CA, USA
Jeff, my partner and I lead a fund focused in these sectors and will likely have some room in our deals for co-investment. Feel free to reach out if you'd like to get acquainted further: redacted
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Reply by a searcher
from The University of Chicago in Nashville, TN, USA
Hello Jeff, are you open to investing in an IT services company with other anchor investors?
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