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Podcasts/Acquiring Minds
Acquiring MindsMay 30, 2024

3 Years Later, Climbing Out of the J Curve

with Matt Drndak · DHS Equipment

Listen to Episode →

LenderHawk analysis. Not affiliated with or endorsed by Acquiring Minds.

The Deal

Business
DHS Equipment
Industry
ecommerce-enabled parts business for construction equipment
State
FL
Purchase Price
$2.0M
Multiple
4.0x
Year
2021
LTV at Close
80%
Deal Source
broker

Financing Structure

$1.6M
SBA 7(a)
$1.6M (80%)
Seller Note
$200K (10%)
Buyer Equity
$200K (10%)

Strategic Rationale

Professionalize and scale a lifestyle business using prior distribution and e-commerce experience.

Post-Acquisition Performance

Doubled revenue/earnings after a J-curve dip; invested heavily in ERP systems.

The LenderHawk View

Real lenders that finance similar deals

Active Lenders
10
Median Spread
P + 1.23%
Top Lenders
Live Oak Banking Company41 deals
Truist Bank32 deals
TD Bank, National Association32 deals
Citibank, N.A.30 deals
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See all matching lenders →

Want the Full Story?

The full narrative — the personal details, the hard moments, the host conversation — only lives in the original. Go listen.

Listen on Acquiring Minds