Multiple Acquisitions or Absentee business?

by a searcher from University of Pennsylvania - The Wharton School

5 years ago

Has anyone here executed on multiple acquisitions, acquired an absentee business, or a business that doesn't take 100% of their time? 

Anyone on here effectively functioning as an independent sponsor and not a funded or unfunded searcher? 

If so, would love to connect. 

11 likes
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5 comments

searcher from University of Pennsylvania - The Wharton School

Theoretically the only constraint is 1. Room in the budget for a CEO 2. Discretionary equity to reward to management for performance the way PE does. Dont see why that cant be done by a searcher provided the business is large enough to support 1 & 2.

4 years ago | like reply | 0 likes

searcher

Agree with @sriram, there is never 100% absentee, though with good people you can get it down to a few hours a month and even those hours can be remote. Personally, I am operating three businesses fairly easily in this manner, (though of course I do spend more time both improving process and looking for the next acqusition target... :)

4 years ago | like reply | 0 likes

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