Hi Searchfunder.com community,
does anyone know how to access the dataset Stanford and IESE use to compile their bi-annual studies?
To be more precise - I would like to get a better understanding of the top-performing search funds in the space:
- What industries were they in?
- Company characteristics?
- How was the value of the business increased?
- ...
Thank you!
Adrian
Search Fund data sets
by an investor from IE Business School
More on Searchfunder
Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
Some key points to success based on my observations were:
1. Great investor guidance and searcher/s able to listen and implement - >30% IRRs don't just come from searcher, they come from both side efforts
2. Starting with limited recurrence business (hence low multiple) and moving to highly recurring growth (say desktop accounting to SaaS model). I think top-line growth, not margin expansion was behind the most successful SF acquisitions.
3. Long hold periods - I would think many of the most successful SFs are still running
There are names of specific acquisitions discussed in SF books that you might want to have a look at
Hope this helps and happy to chat if needed