with Jeff Horn · Benchmark Business Solutions
LenderHawk analysis. Not affiliated with or endorsed by Acquiring Minds.
Buyer recognized industry-wide trend of Xerox shifting from agent to dealer model and identified substantial opportunity to transform baseline business from commissioned sales to full-service dealership with proprietary service, financing, and recurring revenue streams.
Revenue grew from $5.5 million to $30 million in five years through three primary drivers: agent-to-dealer transformation generating higher margins and recurring revenue, five platform and bolt-on acquisitions expanding geographic footprint, and ancillary service additions including internal financing and managed IT services, resulting in EBITDA growth from $1.1 million to $3-4 million.
SBA loan filings we matched to this deal