Capital Markets Post-Close for B2B Services Independent Sponsors
Introducing Capital Markets Post-Close on B2B services deals, with the structure protection and capital connectivity an independent sponsor actually needs.
The economics on a B2B services platform deal usually hinge on a handful of structural decisions. Capital Markets Post-Close is one of them.
The typical B2B services platform sits at $8M to $90M EV with EBITDA in the $2M to $18M range. The thesis runs on recurring revenue service platform with bolt-on operators. Most B2B services deals look better in the CIM than in the data room. Skip the CIM, ask for the contracts.
How Capital Markets Post-Close actually gets structured.
Refinance senior debt at the 12 to 18 month mark when EBITDA growth supports it.
Plan a dividend recap or partial liquidity event at the right margin and leverage profile.
Source growth equity from capital partners with deeper checks than the original LP base.
Build a relationship with strategic acquirers years before the exit window opens.
In B2B services, layer in MSA assignability mapped customer-by-customer as part of the Capital Markets Post-Close workstream.
Waiting until the exit to think about capital markets. The relationships should be working months before you need them.
"The right introduction in month nine can be worth more than the original equity round. The call list is short and known."Jason Powell · Capital Markets Post-Close
The deal is one thing. The capital that opens up after close is another.
Refinancing, recaps, growth rounds, and the right strategic conversation eighteen months early are all downstream of relationships that take years to build and minutes to use.
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Capital Markets Post-Close for B2B Services, on independent sponsor terms.
Independent sponsor counsel that already speaks fluent deal-by-deal economics, structures clean LPAs, and travels with capital markets relationships for what comes after close.