The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

Need investor(s) (300K) to help my tech company complete an acquisition and a national roll-out.

My company has a proprietary software targeted to the restaurant industry. There is a large upside for the company as it gains market penetration. We have an IT company ready to be acquired. The company is publicly-traded.

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., "www.mywebsite.com"

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, or to rant about personal issues. It's all in the guidelines.

Submit Your Answer
Answers (3)
No User Photo
Biz2Credit LLC
New York County, NY

Paul,

In case the company you are acquiring has revenus and accounts receivables, you can raise debt financing. It can be combined with seller note which will entail low cost funding for your acqusitions. We fund a large no. of acquistions in the IT space and raising money against the A/R works out pretty well. Biz2Credit.com, the online small business lending marketplace has over 75 bansk woth 140 products which can help you to look into all your options.

Apr 29, 2010
No User Photo
i Brands Corporation
CEO
GA

The technology is online ordering for the restaurant industry. We have finished all beta tests and prcoess apprx. 1.5 million orders on system. The industry needs the technology in these trying times as the cost to the restaurant is about the same cost as a credit card processor. However, clients have epxiereince up to a 20% increase in sales properly utilizing the system.

So far we have outsourced to management of the technology. It is that IT company we are acquiring.

The advertising vehicles consist of internet marketing programs to potential users, trade publications and possibly trade shows.

The issue of ownership and the structure of the financing is to be discussed.

Apr 28, 2010
Buy-a- Company

Have you done any market tests? The restaurants are struggling right now. What % of the company would $300k give? What is the market cap of the publicly traded co? Why are you buying an IT company in the middle of a national rollout? What advertising vehicle will you use for national rollout?

Apr 27, 2010

Start a Discussion