Help raising capital

searcher profile

March 13, 2018

by a searcher from Harvard University - Harvard Business School in 126 Brewster Rd, West Hartford, CT 06117, USA

Hi folks, I have been running a self-funded search and have had no problem finding great companies to acquire. If only I were as good at searching for capital! I have 18 companies on my "short list", 4 companies on my "priority list", and confidence/optimism that there is at least 1 viable acquisition within my grasp. How would you recommend I approach investors at this juncture? How many possible opportunities should I approach them with? How many deals should I pursue in parallel? Your advice would be greatly appreciated! Feel free to PM me if you prefer: redacted -- thanks!

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commentor profile
Reply by a searcher
from Harvard University in Dallas, TX, USA
This is somewhat disconcerting as I've been told - but have no personal experience - that capital is readily available. That being said, I also think investors tend to want a company under LOI prior to deciding whether to invest or not. I hope I'm not stating the obvious, but have you reached out to HBS alumni/professors involved in the search community?
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Reply by a searcher
from Cornell University in Boston, MA, USA
You need something to show investors that you are a natural owner -- having an MBA alone does not show an investor that you have the operating experience to build a business. But if you find something that aligns with your past experience there is a ton of money out there. Have you reached out to the funders on here?
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