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Sullivan Ventures

Specialist & Strategic Finance

Capital to complete the acquisition.

Acquisition finance structured around the target business, the deal and the cash flow available to service the debt.

Facility
£100,000 to £100m
Term
To 10 years
Speed
Senior, mezzanine and vendor blends
Security
Cash-flow or asset-backed
What it is

Acquisition finance provides the capital required to purchase a business. Depending on the transaction, funding may combine senior debt with other sources of capital, including vendor finance, asset-backed facilities or equity. The right structure depends on the purchase price, the target's profitability and cash flow, available security and the capital being contributed by the buyer.

Lenders will look closely at the quality of earnings, debt serviceability, the strength of the underlying business and how the transaction is structured. We assess those fundamentals early, structure the funding requirement and approach the lenders best suited to the deal. If we believe a transaction is unlikely to fund, we aim to establish that before significant time and cost are committed.

Who it suits
  • You have identified a business to acquire and need funding to complete the transaction.
  • You want to understand how debt, vendor finance, equity and available security could be structured around the acquisition.
  • You are considering a management buyout or management buy-in.
  • You are an established business acquiring a competitor, supplier or complementary company.
  • You want an early view on funding before committing significant cost to the transaction.

Enquire

Talk to us about acquisition finance

Indicative terms in as little as 24 hours. Confidential, and no cost to you.

Confidential. We respond within one business day.

How it works

From first call to funds drawn.

  1. 01

    Conversation

    We review the target, the price, the accounts and how you plan to fund the gap.

  2. 02

    Structure

    We shape the senior, mezzanine and vendor layers into something a lender will back.

  3. 03

    Lender selection

    We place it with funders who understand the sector and the deal type.

  4. 04

    Completion

    Facilities complete alongside the sale, timed to the transaction.

Common questions

The questions we're asked most about acquisition finance. If yours isn't here, ask us directly.

Typically 20% to 40% of enterprise value, though vendor loan notes and asset-backed layers frequently reduce the cash requirement.

Some will, if the management team stays or you bring sector experience. Others will not. We know which is which before we submit.

Yes. MBOs are well understood by our panel and often price better than a third-party purchase.