Creative Ways To Finance Deal Costs (QoA, Legal etc.)? (Self Funded)

by a searcher from University of Pennsylvania - The Wharton School

5 years ago

Has anyone taken a more creative approach to fund deal costs beyond personal savings and the traditional search fund model? Have you found other financing sources? How did you frame your pitch? What did investment terms look like? Are lawyers and accountants open to taking some risk in exchange for other incentives - higher rates at the close of a deal for example?

Thanks!

18 likes
376 views
6 comments

searcher from The Johns Hopkins University

Could someone share a broad breakdown of deal fees by category? For example, how much does a quality of earnings typically cost for $3M purchase price? What will a law firm charge for a purchase and sales agreement? Due diligence on whether liens exist, etc

5 years ago | like reply | 0 likes

searcher from Michigan State University

Plenty of firms defer and even roll the fees. On small deals with competent financial people on your team you don't need accountants.

5 years ago | like reply | 1 like

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

Self Funded Acquisition: A few Things I Learned

Examples of self-funded searcher websites

2 Best Ways To Find Motivated Sellers, Off-Market Deals

Investor seeking Self-Funded Search Deals

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.