Acquiring a start-up?
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I know this is far from the search fund model; buying stable cash-flowing businesses, but has anyone ever looked into acquiring a startup?
We have met a founder of a ~2M B2B SaaS company in the Energy space open to sell his company for personal reasons. The company has a great product with a ~60 customers few of them quite prestigious references, with very positive customer reviews.
Did any of you had experience in this space? Pros and cons? How would the finance work (acquisition + post acquisition investment for growth)?