Senior Debt for Strategic B2B SaaS Acquisition
We are seeking CA$1.67M in financing for an acquisition of a competitor SaaS company in a niche market. This acquisition will significantly consolidate the market and provide the company with unhindered access to the EU market which is rapidly growing.
Projections have the business covering over 2x interest coverage ratio at 12% on close.
We are looking for 90% LTV.
Both businesses are highly profitable with EBITDA margins in excess of 30% and growth rates over 35% YoY.
Acquiring entity is based in Canada, however this can change with the closing of the transaction.
Financials (USD)
Amount Sought $1,207,381
Converted From CAD
Exchange Rate $0.72
Type Sought Bank Loan
Use of Proceeds Purchase Of Business
Deal Terms
Listed By Owner
Offering Memorandum Or Prospectus Available? Yes
Willing To Pay Finders Fee? Yes
Willing to Co-Broker? Available On Request
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