New Searcher - Question About CIMs

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 University of Guelph
in Stouffville, ON, Canada

5mos ago

New Searcher - Question About CIMs

I see people here stating that they review x number of CIMs per week, or that they have reviewed 100s over the course of the year. From my experience so far, it seems like a process to even get access to a CIM. I have to sign the NDA, and then book a call with the sell-side broker, and then I’ll get the CIM. This process takes days sometimes. Do I have this right? I have a full time job so I’m trying to do this on the side, but maybe this is why people say it works better when you commit to the search full time.

2 Likes

300 Views

reply by a searcher 4mos ago
from Columbia University in Rumson, NJ 07760, USA

Many brokers set up these processes before sending a CIM to filter out people who aren’t serious and are going to waste their time. Generally it’s not that time consuming though. You sign an NDA, sometimes fill out a form that asks some questions about what you’re looking for and sometimes (but not always) have a call with the broker before they send you the CIM.

reply by a searcher 4mos ago
from Columbia College in San Diego, CA, USA

I've struggled as well. There are some brokers that are better than others. Appropriately chasing and following up can be a struggle between frustrating a broker and actually getting what you need to submit an offer.