Kel Jackson has been searching for a manufacturing business to purchase. After a long process, Kel had submitted a written offer to buy Sheetfab that matched his original conversation with the owner, but a broker whom Kel had never met wrote back with a counter-offer that was less attractive. Kel must decide whether to take the counter-offer, attempt to negotiate it, pursue a smaller deal with Precision Parts, or keep searching. This case introduces students to Entrepreneurship through Acquisition and more generally the role of debt financing for ventures.