Short Term Pref Equity/Debt/USA/Plumbing Deal on LOI

July 05, 2025

by a searcher from Harvard University in Toronto, ON, Canada

Seeking a $50K last check size co-investment preferably Short Term (but open with long term###-###-#### days. Prefer Pref Debt (open for Pref Debt after senior lender) Lead capital raised. Seeking last check $ for dd cost use. Timeline: in next 30-days. Deal on LOI. US Plumbing Deal with evergreen maintenance contracts, $4m EBITDA. Comment to receive more details. TIA.

Reply by a searcher
from University of Pennsylvania in Miami, FL, USA

$50k gap on a $4mm ebitda deal? What terms are you proposing for said investor? This seems like a small $ value relative to the deal size, personally I'd encourage you to fill this gap with an existing investor vs. adding complexity to the structure for such small potatoes (relative to deal size which I assume is min. $10mm+ so less than 0.5%) as adding more chefs in the kitchen may be more trouble than its worth. The only exception I can see to this is if you've already syndicated the equity through a large # of smaller $ investors through Reg D or something similar. If this is the case there are platforms for exactly that that you may find helpful. Lastly, feel free to message me. There's a chance (small but non-zero) I may go in on this personally, can evaluate the deal over the next few days.

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