No, as mentioned above make sure your lender is PLP. Other than that, the program is in a strong financial position bringing back the guarantee fees on deals under $1mm. This ensures the program is not subsidized and is a strong part of the small business economy in the United States.

Hey 👋🏻 fellow acquisition adventurer, thanks for your curiosity!

📝 Here's a quick primer on the key differences between US and EU-based searches:

1. Disclosure and Warranties: In the US, sellers spill their guts with extensive representations and warranties. In Europe, it's more "buyer beware" - so sharpen those due diligence skills!

2. Deal Breakers: US buyers have more escape hatches with termination clauses and "material adverse change" provisions. Europeans are more committed - once you're in, you're in!

3. Regulatory Hurdles: In the US, you'll dance with CFIUS for foreign investments. In Europe, prepare for the European Commission's competition review tango.

4. Negotiation Style: Americans are direct and deal-focused, while Europeans prefer a slower waltz of relationship-building.

5. Financing: US deals often ride on equity, while European transactions love their bank loans and debt syndication.

6. Company Size: European businesses tend to be smaller on average, so adjust your search parameters accordingly.

7. Energy Costs: European industrial energy costs are higher, so factor that into your projections.

Remember, these are general trends and cultural differences - individual deals may vary.

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