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Podcasts/Acquiring Minds
Acquiring MindsAugust 19, 2024✓ Verified in SBA records

5 Businesses Acquired with a Long-Term Hold Model

with Ryan Sullivan · Electrical component manufacturer

Listen to Episode →

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

The Deal

Business
Electrical component manufacturer
Industry
Electrical component manufacturing - 100-year-old legacy business
State
KS
Multiple (EBITDA)
4.0x
Year
2022
Financing
SBA 7a
Revenue at Purchase
$8.0M
LTV at Close
50%
Deal Source
broker

Financing Structure

SBA 7(a)
SBA 504

Strategic Rationale

Acquiring a legacy business with stable cash flows to hold for decades.

Post-Acquisition Performance

Adjusted EBITDA grew from $500k to $700k; improved efficiency.

The LenderHawk View

Real lenders that finance similar deals

Active Lenders
10
Median Spread
P + 2.25%
Top Lenders
INTRUST Bank, National Association34 deals
UMB Bank, National Association16 deals
Commerce Bank14 deals
Central National Bank12 deals
U.S. Bank, National Association10 deals
See all matching lenders →

Key Takeaways

  • 1Do not disrupt a stable business in year one; focus on learning from existing operations rather than implementing immediate changes.
  • 2Buying real estate alongside the business signals long-term commitment to employees and provides full liquidity event for sellers.
  • 3Conservative leverage with 50-50 debt-to-equity structure allows business to survive 40-50% revenue decline while maintaining debt service capability.

Matched SBA Loan Records

SBA loan filings we matched to this deal

Bank of Hays95%
$110KP + 1.00%FY2025
Northeast Bank95%
$80KP + 2.75%FY2025
Live Oak Banking Company95%
$200KP + 1.50%FY2023

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