Pipeline
A sample of the deals in Dealport's pipeline today: the senior secured credit EagleUSD is built to hold.
A sample, not the portfolioA few of the deals in the pipeline at Dealport, our sister M&A platform. No loans have been funded and EagleUSD is not yet live.
Project NurseryProprietary
Pediatric NICU devices, three-company roll-up
Senior secured financing for a sponsor-backed combination of three specialty medical-device and consumer-health businesses, led by an established NICU catheter line.
- Senior loan
- $30–35MSenior secured
- Coupon
- ~12%Floating, SOFR-based
- Loan-to-value
- 30–35%All-in
- Equity below the loan
- $60M+About two-thirds of value
Why it fits. About two-thirds of enterprise value sits below the loan, on products already in market with recurring demand.
Project ReindeerUnder exclusivity
Urology lasers and single-use consumables
A founder-owned company that places surgical lasers at hospitals and surgery centers and sells the single-use products each procedure needs. A sponsor is recapitalizing it under exclusivity.
- Revenue
- $5–10M2025, growing 20%+
- EBITDA
- $3–5MAbout 40% margin
- Recurring revenue
- ~90%Consumables and rentals
- Enterprise value
- $25–30MAbout 6× forward EBITDA
Why it fits. Demand follows procedure volume through a fleet of placed lasers, and no customer is more than 20% of revenue.
Project Golden StateLOI signed
Multi-site California outpatient imaging
An MRI, CT and mammography group with more than 20 years of profitable operation, being acquired by a public-company buyer under a signed letter of intent.
- Revenue
- $10–15MFY2025, unaudited
- EBITDA
- $4–5MAbout 45–50% margin
- Track record
- 20+ yearsProfitable every year
- Payor mix
- ≤25%No single payor above
Why it fits. New imaging equipment at close keeps near-term capital spending low, and the clinical team stays on after the sale.
