A private equity firm is eyeing my business, offering €2,400,000. Currently, we’re pulling in around €1.2 million, with a tidy 25% profit margin. As an apartment block management firm, I began this venture in 2019 at 21 as more of a side gig, never anticipating it would grow to oversee 1,200 units. It’s pretty surreal. I started with no capital, and all four of my staff, earning €30k annually, were trained by me. Now, facing this private equity proposition, I’m a bit in the dark. Any tips for a first-timer in dealings with a PE company?
Creating a throwaway account for personal reasons.
I work in private equity consulting - specifically focused on helping companies getting ready for sale. Happy to chat live if you’re interested in getting some thoughts (interested in hearing how you built this business - been looking at that space). DM me if want to catch up.
But agree with everyone else thus far - punt that baby unless you have a bottleneck you know you can fix that would dramatically increase sales.