Search Investment Group (SIG) is proud to announce the release of the 2023 Self-funded Search Study.

This report is free of charge and can be downloaded directly from the Search Investment Group website: https://www.searchinvestgroup.com/study

This 72-page study is a first-of-its-kind effort to gather information from currently searching, operating, and exited self-funded searchers to provide helpful insights to the community. We believe this survey to be the largest, comprehensive study ever conducted on the self-funded search community and will serve as an invaluable resource to prospective and current self-funded searchers.

Some insights included in the report:

- Demographics of Searchers including age at initiation of search, professional and educational backgrounds

- Search Phase Structure including duration of search phase, target EBITDA ranges, average cost of living, sourcing strategy, target industries / industry strategy, proprietary outreach strategy and more

- Acquisition Source and Scale including Revenue / EBITDA of acquisitions, acquisition multiples, industries of acquisition, time elapsed from identification to closing the acquisition and transaction expenses (QoE, Legal)

- Debt and Equity Financing terms including sources of financing, total leverage of the acquisition, seller note terms (% of purchase price, interest, term, etc.), equity sources, equity terms, and equity retained by the searcher

- Post-closing Operations including board composition, first-year salaries, post-close relationships with the sellers, and post-closing performance

- Investor and Searcher Returns (IRR, MOIC and net proceeds)

Also, check out the Acquiring Minds Podcast that was released today where the SIG Partners discuss the report with Will Smith

https://acquiringminds.co/articles/robert-graham-jordan-carter-sig-search-investment-group

https://open.spotify.com/episode/209Yi1W1nISyhgNZYHi7mj?si=a3cd2e54c24f41f1&nd=1

https://podcasts.apple.com/ca/podcast/the-wealth-potential-of-self-funded-search/id1569715379?i=###-###-####