Launching a Searchfund with geographic constraints?

Typically in Europe searchers focus on a single country or geographic area for their search, but expand to other countries for add-ons after the acquisition.

As someone who works on searches every day, my advice has always been if you're open on geography, you need to be focused on the industry, otherwise you look at too many deals that aren't ever going to be a fit from an industry perspective. If you are focused on geography, you will need to be open to a broader range of industries to be successful. Geographic searches are easier for companies like mine, because we can churn through potential sellers quicker to make sure we are showing the best candidates to the searcher.