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Legal Process Server

Legal Process Server – Sale price of 60% over market

This legal process server delivers legal documents to parties in a lawsuit. The business was built on efficiency and professionalism for its clients, which has created several repeat clients. The company developed solid cash flow but has a customer concentration of over 40% with one client. Our team generated over 50 buyers with most offers at a 2.5x adjusted EBITDA offer price. Even though the market was at 2.5x, our team found an industry strategic buyer who was ready to improve the business through technology. The final offer was 4.0x adjusted EBITDA; 60% over market.