Our team is looking for small and medium sized businesses to purchase from sellers who want to retire or exit their industry and are looking for a new adventure to explore whether in business or at home. We will continue to grow your business and legacy effectively.
Please reach us at support@mijenko.com if you cannot find an answer to your question.
MIJENKO is a long-term investor. We do not 'flip' investments or seek to generate returns through short term financial tactics. We prefer the "buy, hold, optimize" model that we want to repeat.
In general, we seek to fund and close transactions about 30 to 90 days after we sign a letter of intent.
We will not run the company, we will partner with the existing management team to determine any changes required to improve business revenue and performance. There are some exceptions and changes are made on a case-by-case basis.
NO, if MIJENKO (buyer) stops making payments at any time, we will return company shares immediately. The seller will always have the option to buy back shares at any point.
Yes, the down payment commitment letter from the lender. We maintain a large rolodex of lenders we partner with to complete acquisitions.
Note: commitment letters are only issued if the borrower and company meet underwriting requirements. A commitment letter is a document that lets everyone in the transaction know that the lender is prepared to make a loan to repay the borrower.
Depending on the needs of the company, we may hire a Chief Financial Officer, a Business Development team or a Strategic Consultant, and we are almost always active members of the Board.
By leveraging our collective experience, we strive to provide sound and wise counsel that ultimately adds value to each company we work with. Our primary goal is to increase sales and profitability, while making sure all Standard Operating Procedures are carried out correctly.
If you own a business within our criterion or bigger, have specific needs like retiring, other interest, need funds or want to sell, please get in touch with us to schedule a preliminary call.
For business brokers, please also contact us to schedule a call and we will send you our acquisition criteria.
MIJENKO is a direct purchaser, rather than a middleman. We acquire businesses through our lending partners and leverage intelligent debt financing to fund the transactions.