$10M to $40M EBITDA. 100% ownership retained.
Capital / Impact
$10M
Timeline
Initial tranche
Result
$40M EBITDA
The situation
A managed-services entrepreneur needed growth capital without giving up equity. Banks offered a fraction of what the business needed. Private equity wanted 40% of the company.
What we did
AFG structured a $10M initial tranche through a private credit fund that evaluated the business on cash flow and growth trajectory — not on bank templates or equity demands.
The outcome
Two years later: $40M EBITDA, 100% ownership retained. The founder grew the business on his terms, with capital that matched his ambition.
Managed-Services Entrepreneur
