This isn’t a typical deal. It’s part acquisition and part seed investment. The founders run two related but separate companies. One is an established B2B SaaS business doing about $650k in ARR. It’s stable and basically breaks even after expenses and salaries, including founder pay. The other is a related but separate enterprise startup that already has its first few customers and is ready for more investment in sales and marketing. They’re looking for a partner with relevant operating experience and access to financing who can help acquire both companies, bring them under one parent company, and grow them together. The founders want to stay involved and keep building the businesses. The founding team also includes the developers who built and maintain the products, so there’s no need to hire a new dev team. The founders would keep around 20% equity in the combined company, and that 20% could be treated as seller financing as part of the deal.