How to acquire a B2B SaaS business with pre-approved financing
Today we bring you a case study that perfectly represents what we do: helping entrepreneurs to acquire the business that best suits their needs, offering them flexible and revenue-based financing. But not only that. We also work with brokers to pre-qualify their listings for financing, thus increasing the chances of finding the perfect buyer and closing the deal in the shortest possible time.
Let’s start with some important metrics about this case study.
Do you want to know more about this success story?
We worked with the broker FE International to pre-qualify a SaaS business with great growth options.
FE International presented us with an established B2B SaaS business in the data backup and recovery niche with 6 years of operational history, generating $200K of yearly profit with net margins of c.68% over the LTM. After analysis, the deal became qualified with a financing amount of $575K, almost 80% of the acquisition. Our strong understanding of SaaS business models allowed quick decision-making.
Additionally, we provide them access to a lot of buyers who otherwise don’t have the ability to raise financing on their own.
"Their underwriting process is quick and doesn’t disrupt the due diligence process, nor slow down the deal, which tends to happen more often in SBA deals". FE International
The business’ features made it so attractive for buyers:
The next challenge was looking for a buyer who wants to acquire a SaaS Business with pre-approved financing.
And we did. We found a buyer interested in this business with pre-approved financing. We met a buyer with a specific problem: financing for medium-sized transactions. How to finance this type of acquisition? When deals are large, they always turn to investors and when they are small, they can do it with their own money...
Colin got the business with 80% of financing making the transaction possible. And everything in a short period of time.
“Flawless, quick and easy work, good people, and best financing terms. Boopos made the financing the least stressful part of the acquisition. They were super responsive and got our deal done on a tight schedule. We couldn't ask for better partners.”. Colin Keeley, Co-Founder, Verne.