Every deal we've analyzed, in one place.

Why we like this deal

Earnings Quality is strong on paper, with a seller-reported $1.22M SDE on $2.9M revenue, a 42% margin that is well above typical landscaping comps. About 80% of revenue is recurring maintenance under roughly 35 annual contracts with auto-renewal provisions, which smooths cash flow and reduces the re-sell-every-job treadmill. The explicit caveat that SDE includes proposed adjustments subject to verification is the one thing standing between this and a clean underwrite.

Why we like this deal

Earnings quality is unusually clean for a healthcare services deal: $2.11M cash flow on $6.4M revenue is roughly a 33% margin, and the PMPM structure means revenue recurs monthly and grows with census and rate rather than with billable hours. Because the company provides no direct care, there is no aide payroll, no EVV compliance drag, and none of the labor volatility that crushes home-care margins.