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

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
from University of California, Los Angeles in San Francisco, CA, USA
from The University of Chicago in Nashville, TN, USA