Overview: A Chicago-based entrepreneurial buyout group specializing in very small and micro-sized deals between $1-10M seeks to partner with a larger private investment group in acquiring a business that it has sourced through aggressive marketing and has developed a buyout relationship with.

Target & Deal Overview:

Industry: Pub & Restaurant Group

Branded: Yes, quite strong.

Markets Served: Neighborhood and destination. Also, substantial private and corporate events.

Franchise: No

Current Locations: 7

Gross Sales: $10.8M

Adj. EBITDA: $1.5M

Historical Performance: Consistent, profitable growth.

Management: Corporate and on-site. In place and will stay. The founder, though moving on to other non-competitive projects, will serve in an advisory strategic-growth role.

Growth Opportunity: Proven andSubstantial.

Target Growth: 20 locations within 5 years; $6-7M EBITDA. Then exit.

Acquisition Terms: TBD. A realistic seller.

Equity Partner Desired: Solid reputation; Experienced; Growth-oriented.

About Us: A proven source of attractive dealflow. Highly regarded among our peers. Our current small business portfolio includes industrial construction, publishing, and business services.

Why a Club-Deal Structure?: This deal is a “tweener” – too large for favorable SBA funding and too small for high-leverage lower-mid-market funding. Therefore, additional equity from an appropriate partner with relevant lower-leverage bank relationships is necessary.

Future Deals: As our targets have been trending upstream, this could be the beginning of a win-win relationship.

Equity Co-share: TBD

Contact: EquityPartner@machicago.com (Principals and Serious Inquires Only -Please.)