RAISING CAPITAL
(Expired)
Oilfield Services Company- Buying for 2x EBITDA with over 100% IRR
Oil and Gas · North Dakota, USA
revenue: $2,500,000
ebitda: $1,000,000
Exclusivity:
Non-Exclusive Deal
SBA Eligiblity:
Not SBA Eligible
Revenue:
$2,500,000
EBITDA:
$1,000,000
Purchase Price:
$2,000,000
Owner Financing:
$200,000
Equity Financing:
$550,000
Debt Financing:
$1,250,000
The owners are looking to retire. The company has been profitable every year since its inception over a decade ago, including the downturn inredactedThe company has an FF&E of $2mm of which I already have a term sheet on asset-based lending for 1.25mm. Looking to raise 550k from equity investors and am willing to provide independent sponsor-style economics (investors own majority equity and control as LPs with the sponsor getting 15%-20% carried interest as a GP). The current structure offers an IRR of over 100% assuming an exit at the same multiple and continuation of the same EBITDA. Also open to other deal structures.
Best way to get in contact is to email me: redacted