HR SaaS software deal that we have under LOI with a 1x TTM Sales multiple.
Our agency, Firstprinciples.io is leading the deal and will be running the company going forward.
The company is US based with clients all over the world.
We have a $1 million SBA loan from Q2 Bank.
We are looking for about $500k to fill out the round. Terms are 50/50 split after 8% preferred returns to LP's.