The Smaller End of the Scale

As I continue talking to business owners and learning from other small business acquirers, I’ve realized there’s an unloved area that’s perfect for searchers with a self-funded mentality: so-called “buying-a-job” sized service businesses. When I first started searching in earnest about eight months ago, I followed the playbook of traditional search funds: niche business-to-business services … Read more

Update on Current Industry Focus

After a few weeks of digging into the types of industries that exist in South Florida, I’ve whittled down a list of the ones that seem the most exciting. They are: Software Services & IT (B2B) Much of my professional background is in computers so, of course, anything computer related is an area of interest. … Read more

What are Search Funds? Traditional, Single-Sponsor, and Self-Funded

Introduction In its most general sense, a search fund is simply an entity that looks to acquire a revenue-generating business. Under that definition, many private equity firms are “search funds.” So we should add a restriction: a search fund looks to acquire a smaller business: say businesses that cost anywhere from $1MM to $20MM. It’s … Read more