Boopos increases lending firepower by $175M to become the SaaS investment platform
Summary
Boopos, the first US-based business marketplace that offers acquisition loans to qualified buyers, has secured up to $175 million in debt financing from affiliates of Fortress Investment Group. Qualified Buyers with sufficient equity availability, a healthy credit score and strong operational capabilities can browse among hundreds of pre-approved opportunities and receive alerts that match their investment thesis. There are people coming out of MBAs or corporate careers trying to buy a business; roll-up companies operating in different verticals; boomers are retiring, and small M&A deals are getting increased attention from big institutions. About Boopos Boopos.com is one of the leading marketplaces to buy and sell online profitable businesses and the first with built in financing available for qualified buyers. Boopos is used by founders seeking to exit their businesses and buyers to discover and finance the perfect acquisition opportunity.