The Benefits of Deferred Debt for Sellers

Devile: So you mentioned the seller gets most of their consideration on day one and very levels deferred. And the lenders actually prefer that when you say the lenders prefer that meaning you're putting in quite a big chunk of equity on day one. He says basically it is so like roughly 70 to 80% depending on the deal, but we try to do at least 70% and the 30% is deferred. Devile: Maybe can we speak a little bit about the types of debt that you're using? Because I assume that these are asset heavy businesses. B2B, there's probably a debt book maybe you could finance too. Or are you preferring to go for some kind of a