Examples of sponsor to sponsor (secondary) transactions in ETA?

by a searcher from Harvard University - Harvard Business School

3 years ago

Has a search fund ever purchased a company from another search funder?

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investor from University of California, Berkeley - Haas School of Business

I think this is an unlikely scenario. Most search funds try to buy owner operated companies at a low multiples with the goal of professionalizing them and then exiting to LMM funds. Selling to another searcher would likely not maximize valuation.

3 years ago | like reply | 0 likes

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