Independent Sponsor who will step in and run for 2-3 years

Member resources:

Frequent asked questions:

What is Searchfunder.com?

Searchfunder.com is an online community of searchers, investors, lenders, brokers and other professionals. Over 80% of those involved in searchfunds maintain a Searchfunder account to help them network, hire, and mentor others.

What are the benefits of membership?

In addition to accessing the most active online network of business buyers, Searchfunder licenses research that is simply not cost effective for individuals. Access over 15,000 industry reports and 50,000 transaction financials. You also get monthly credits for contact information for your company sourcing campaign with the option to purchase more at drastically discounted rates. Searchfunder has pre-purchased access from these data providers in order to empower individual buyers and to help searchers level the playing field versus private equity.

Do you have deals?

While we are primarily a buy-side network, we do have hundreds of brokers that regularly post deals to the community.

Can I find an internship on Searchfunder?

Absolutely! We have the industry's largest intern job board. If you are considering a search, the first step is to help another business buyer so you can hit the ground running.

What does it cost?

Searchfunder is a subscription service. We offer flexible monthly, annual and lifetime memberships.

Monthly

$79 / month

Annual

$19 / month

Lifetime

$432 / once

Those who maintain an account with us for over 4 continuous years are permanently added to the community without the need for a membership.

Do I need an MBA to join?

While a large number of our members come from dedicated programs at Harvard Business School, Stanford GSB, Chicago Booth, and other top programs, searching is no longer reserved for the elite. With the current abundance of dry powder in private equity, and an increasing number of business owners reaching retirement age, good deals rarely go unfunded.

Post a question, deal, job, etc...

Make a post...

Complete registration to post.

by a searcher from Harvard University - Harvard Business School
in New York, NY, USA

8mos ago

Independent Sponsor who will step in and run for 2-3 years

All, I'm attempting to be an independent sponsor but will step in personally for deals for the first 2-3 years as CEO. I'm an experienced CEO who has multiple wins and exits (but working for investors and want to improve my economics by going IS). Curious if others have been down this path and what capital sources were tapped and if folks were able to double-dip in terms of typical IS terms + getting CEO economics for the period of time one sits in that chair.

0 Likes

146 Views

reply by a searcher 8mos ago
from California State University, Long Beach in Las Vegas, NV, USA

So we’re doing something similar - my partner will be interim CEO 1-2 years and then replaced by outside CEO. But we’re more focused on GP economics so we’ll “discount” his CEO perks in exchange for better results on the back end while we build. Hope this helps..

reply by an admin 8mos ago
from Massachusetts Institute of Technology in Portland, OR, USA

^redacted might also be able to help here.