Oilfield Services Company- Buying for 2x EBITDA with over 100% IRR

searcher profile

December 08, 2022

by a searcher from University of Michigan - Dearborn in Fraser, MI 48026, USA

The owners are looking to retire. The company has been profitable every year since its inception over a decade ago, including the downturn in###-###-#### The 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
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