Do you know how many search fund trios are out there?

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June 17, 2020

by a searcher from London Business School in London, UK

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Reply by an admin
from Stanford University in Honolulu, HI, USA
Thanks for your question, ^redacted‌. There have been a handful of 3 person searches: Davis Square, Chenmark, Leadgate, Rhea Partners, Physician Growth Partners, and Lottus come to mind. We interviewed ^redacted‌ about Searching as a Trio here: https://www.searchfunder.com/post/searching-as-a-trio.
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Reply by an member
from Davidson College in Charlotte, NC, USA
Adding to this, solo searches have accounted for 55% of all such funds formed in 2016 and###-###-#### The vast majority of the remaining search funds are conducted as a duo-partnership. Partnerships have proven to increase the likelihood of acquisition and achieve a greater than 5x outcome. Although more problems may arise in trios, as it can be difficult to manage three distinct personalities/egos.
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