Searchers not only can’t pay as much as PE firms and family offices, but cannot offer the certainty of closing. Even investors in traditional search funds may pass on the deal, creating a gap that needs to be filled. And searchers don’t have as much experience as PE guys in DD.. Both of these issues make PE firms more likely to get the deal done to seller’s liking.
But we have many advantages over PE firms. Searchers are focused on only one business. Our goal is to grow it while keeping the seller’s legacy intact. We take care of his or her employees. We have a longer time horizon and are not in a rush to exit. And never underestimate your personal connection to the seller as the son or daughter who will protect and build on his legacy.
Good luck hunting!
Search funds vs private equity positioning

by an investor from University of Colorado at Boulder
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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.
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