Hello everyone,

I am trying to understand the main objections for started a 3 complementary searcher searchfund.

As advantages I currently see:

  • One more person during the search
  • One more exec operator (for which the incentives are completely aligned)

As disadvantage, I currently see:

  • Higher risk ask 3 serachers probably means degrading EBITDA from day 1 (seller's salary probably can be split between 2 searchers, but not 3)

Any thoughts / feedbacks ?