Meiborg — Debt Refi + ABL + PropCo Separation
MEIBORG-001 · Materials Prep
Client
Transaction
$50.4M
Target
Revenue (TTM)
$109.4M
Most recent FY
EBITDA
$11.5M
Adjusted
Stage
Materials Prep
May 8
Thesis
What this deal is fundamentally about

Three coordinated transactions: (i) consolidate $50.4M of fragmented equipment/RE debt across 18+ lenders into 2–3 institutional facilities (saves $4.3M/yr in DS); (ii) introduce $6–10M ABL against $11.5M AR; (iii) carve owned IL real estate into a PropCo entity to unlock $31.2M of equity at 6.25–6.75% IO vs. current 9% IO.

Lender pipeline
8 institutional targets
Manage
LenderRoundStatusBulletin
Wintrust Commercial Banking
Phase 2invitednot sent
Byline Bank
Phase 2invitednot sent
BMO Harris
Phase 2invitednot sent
PNC Equipment Finance
Phase 2invitednot sent
Wells Fargo Capital Finance
Phase 2invitednot sent
Mid-Penn Bank
Phase 2invitednot sent
Live Oak Bank
Phase 2invitednot sent
First Midwest Bank
Phase 2invitednot sent
Agent runs
Recent generation activity
  • financial-model
    23h ago
    succeeded
  • financial-model
    23h ago
    failed
  • financial-model
    5d ago
    succeeded
  • financial-model
    5d ago
    failed
  • financial-model
    5d ago
    failed
  • lender-bulletin
    5d ago
    succeeded
  • pitch-deck
    5d ago
    succeeded
  • propco-memo
    5d ago
    succeeded
Source files
10 files ingested
Ingest
  • (12-31-2025) Meiborg Balance Sheet.pdf
    unclassified
    extracted
  • (12-31-2025) Meiborg Balance Sheet.pdf
    unclassified
    extracted
  • Meiborg Property.xlsx
    unclassified
    extracted
  • AR 20260130.xlsx
    unclassified
    extracted
  • (12-31-2025) Meiborg Balance Sheet.pdf
    unclassified
    extracted
  • Line 14 - Financial Package Output CM 202512_Values.xlsx
    unclassified
    extracted