$77MM Acquisition Financing
- An entrepreneur-owned healthcare services firm needed capital to acquire a target 3x its own EBITDA and to repurchase minority equity, in addition to access to additional capital for future acquisitions.
- CAPX obtained multiple term sheets from direct lenders, which were supplemented with capital from banks in first out position to reduce the overall cost of capital.
- Borrower not only obtained sufficient capital to double the EBITDA of the platform over 18 months through follow-on acquisitions, they saved millions by using CAPX as the alternative sources of financing would have required a massive equity dilution.