I started a self-funded search fund a little over a year ago, but some of the deals I've been looking at recently are going to need significantly more capital to close.
To that end I am now looking at the independent sponsor model and would love some advice from this community as to the best way to go about it.
I have an off-market deal in an industry that I possess 25 years of operational experience in, who's EBITDA is roughly $8 million a year.
This first target would act as a platform company in order to make additional acquisitions down the road for ancillary services that service the same market.
I would like to find a partner with corporate m&A experience who wants to take a ride on this bus with me.
Thank you in advance for any suggestions from my friends in the search funder community.
Best,
Rob
From Search Funder to Independent Sponsor...
by a searcher
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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.
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.
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