Independent Sponsor : Creating a platform

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November 07, 2025

by a searcher from Columbia University - Columbia Business School in Jacksonville, FL, USA

As an Independent Sponsor, I have seen a few people do all their equity deals in 500K-1 M businesses to reach the traditional 2-3M Platform level. Is this individual wealth, family and friends money? The conventional PE firms that you meet as an Independent Sponsor won't deploy capital unless the check size is a min of 5 - 10M
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Reply by a searcher
from University of San Francisco in New York, NY, USA
Leigh, we have done this in the deathcare space. We started with a CEO and nothing under LOI and spent ~$5M before raising outside capital. If you can show inertia, folks will invest in a strong buy and build strategy with a path to deploy $10M+, but it requires some upfront personal wealth.
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Reply by an admin
from Massachusetts Institute of Technology in Portland, OR, USA
^redacted might know who can help here (Shift 6 to tag).
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