Roofing co.'s for sale ~3x EBITDA – I am interested in funding the pref...

April 03, 2024
by an investor from Ivey Business School at Western University in Boca Raton, FL, USA
For those of you self-funded searchers who are considering purchasing a roofing company, please review the below third-party deals trading ~3x EBITDA (figures based solely on the public listings). I would fund ‘zero-rate’ preferred equity at a 2.0x step-up if I like the deal. See below summaries and links to the listings at the bottom:
Nebraska – $4.9M at 0.4x revenue and 1.8x EBITDA of $2.7M Hawaii – $4.9M at 0.9x revenue and 3.2x EBITDA or $1.6M Indiana – $3M at 0.4x revenue and 3.0x EBITDA of $1M Ohio – $2.4M at 0.6x revenue and 2.7x EBITDA of $900k
You can reach me below or at redacted if you review the broker packages and want to discuss the possibility of my funding the preferred equity needs, or if you're otherwise interested in the property services space and want to have an introductory call. I can offer zero-rate preferred equity i.e. no hurdle rate if I'm the sole outside equity. Best, Jeff
from Oregon State University in Kuna, ID, USA
from Stanford University in Dallas, TX, USA