Portfolio of Two Childcare Centers

March 06, 2024
by a searcher from INSEAD in Washington, DC, USA
With experience in financial services, technology, and childcare mergers and acquisitions, I have discovered an opportunity to purchase a portfolio and expand it independently.
The owner has accepted my offer for the portfolio at $2.8 million. Of this amount, the owner is providing financing for $800,000. To complete the financing structure, I plan to contribute $250,000 in personal equity and secure $750,000 through an SBA loan. Additionally, I'm in the process of seeking $1 million in equity investments to fully fund the acquisition.
The owner is retiring, and initial due diligence (DD) revealed no concerns. I plan to conduct a thorough DD and engage a provider for a Quality of Earnings (QE) over the next 2 months, planning to put down $250K of equity myself.
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
from University of Texas at Austin in Atlanta, GA, USA