Searcher Newbie - Los Angeles

searcher profile

December 24, 2025

by a searcher from Georgetown University in Los Angeles, CA, USA

Hi all, after working in IB/PE for the last 10 years, I have decided that it's finally time to buy my own company. I desire the flexibility, control, and real-world impact that come with running a company. With the exception of college at Georgetown, I have always lived in LA and want to stay here. I want to buy and operate an established company in the greater SoCal area. I know this won't be easy, but it's time to just do the damn thing. I'm a complete newbie to ETA but am hungry to learn about local industries, contact brokers, and hustle hard. LA has it all - aerospace, logistics, service businesses, etc. One of the country's largest consumer populations, the nation's largest port, a hugely diversified economy ... there has to be an absolute PLETHORA of small businesses (although my suspicion is that most of them fall under $1m of EBITDA?). It's like dating - most will be quick passes, but it just takes one good one. I wanted to introduce myself to the community here and hopefully meet some other like-minded folks who are on a similar journey and might be willing to share any tips or tricks. Let's do this!
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commentor profile
Reply by an intermediary
from Harvard University in Los Angeles, CA, USA
^redacted‌--congratulations on the switch. As a broker, my suggestions are try to nail down your criteria after some exploring. Financial criteria--annual revenues, SDE/EBITDA, gross margin, etc. Geography, industry and type of product/service. Lastly, be able to explain how your past experience/knowledge make you a great buyer to take over the business from the seller.
commentor profile
Reply by a searcher
from University of California, Berkeley in Los Angeles, CA, USA
Merry Xmas eve, Peter. I'm a fellow LA-based searcher, closing on my first acquisition (hopefully of many). Happy to connect and share notes. Feel free to DM me and we can set up a time to chat in the new year.
commentor profile
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