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Ep 43: Asset-Backed Loan Options for Acquisition Financing - Paul Leitao [Founder: Mercurio Capital]

Buy and Build

CHAPTER

The Case for Buying a UK Business

The deal was completed in about a month and a half, which again, you know, and that was, that was quite interesting. The guy had never been in the UK. He thought it was a joke. And so we did the deal. After investing a hefty amount of equity,. Correct. But they have a fantastic recurrent revenue. Yeah. It was a four year long about it was quite expensive by actually. I wouldn't say security, but safety around the nature of the revenue. Because it was recurring. You know, so that was fine. They got paid in the end.

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