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SAZ
Buy-side advisory

Buy a business in Canada.

Buyer-aligned advisory. Off-market deal flow, financing structure, due diligence, closing, and a 100-day plan written before you sign.

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Define your acquisition criteria with a senior partner. 30-minute confidential call.
Book buyer consultation
The process

10 steps from criteria to integration.

Week 1
01

Acquisition criteria

Define what you're looking for: industry, size, geography, deal structure, financing capacity, timeline.

Weeks 2-12
02

Sourcing & screening

Off-market deal flow from SAZ network + on-market listings. Initial screening for fit and economics.

Per target
03

Indication of Interest (IOI)

Non-binding indication to advance qualified targets. Sets valuation range and key terms.

Weeks 8-16
04

Letter of Intent (LOI)

Binding (on exclusivity) LOI: price, structure, earn-outs, working capital target, financing contingencies, timeline.

Weeks 10-20
05

Financing structure

Bank debt, BDC, vendor takeback, mezzanine, equity rollover, search fund equity. Optimized for your situation.

Weeks 14-24
06

Due diligence

Financial, legal, tax, operational, IT, environmental, HR, commercial. Coordinated through SAZ-managed data room.

Weeks 20-30
07

Definitive agreements

Asset Purchase Agreement (APA) or Share Purchase Agreement (SPA). Negotiate reps & warranties, indemnification, escrow.

Weeks 28-34
08

Closing

Funds flow, working capital settlement, escrow, employee transition. Day-1 readiness.

Post-close
09

100-day plan

Pre-built and executed: top-3 customer meetings, key employee retention, systems integration, quick wins.

Year 1+
10

Integration & value creation

Operating cadence, financial controls, growth initiatives, eventual exit planning.

Financing

How Canadian business acquisitions are funded.

Most deals stack multiple sources. SAZ structures the optimal blend for your situation.

SourceTypical leverageCostNotes
Senior bank debt2–4× EBITDAPrime + 1–3%BMO, RBC, TD, Scotiabank, CIBC — typical for stable cashflow businesses.
BDC (Business Development Bank of Canada)Up to 5× EBITDAPrime + 2–4%Government-backed, more flexible terms, longer amortization (up to 25 years).
Vendor takeback (VTB)10–30% of purchase5–8%Seller financing. Signals seller confidence in business. Often 3–5 year terms.
Mezzanine debt1–2× EBITDA10–15% + warrantsSubordinated to senior debt. Used to bridge equity gap.
Equity rollover5–20% of purchaseN/A (no cash cost)Seller keeps minority equity stake. Aligns incentives through earn-out period.
Search fund equity60–100% of equityEquity stake to investorsBacked by professional searcher investors. Common for first-time buyers.
SBA-style government programsCSBFP up to $1MPrime + 3%Canada Small Business Financing Program. Up to $1M for equipment/leasehold, $150K working capital.
By business type

Buy guides for 124+ business types.

Each business type has unique acquisition dynamics — multiples, financing patterns, integration playbooks.

FAQ

Buyer questions, answered honestly.

Typically 10–30% equity (cash) plus financing. A $2M business often requires $300K–$600K cash. Search fund route requires less personal capital but dilutes your equity.
Ready to acquire?

Start with your acquisition criteria call.

A senior SAZ partner. NDA-first. info@Sedighi.ca or (604) 632-4959.

Responding to inquiries within 1 business day