Second acquisition stories.

searcher profile

April 30, 2022

by a searcher from Vanderbilt University in St. Louis, MO, USA

I completed my first ETA acquisition in###-###-#### before I had heard of "ETA"!). I did so with bank (SBA) debt. I now want to do bolt on acquisitions and am exploring a search fund financing model. I would enjoy speaking to someone who has completed a bolt on acquisition via a search fund.

I am already a operator and do not need personal expenses/salary covered, so I think the bolt on experience is a bit different from a first time search. Thanks.

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Reply by a searcher
in Alpharetta, GA, USA
Vijay I also did an SBA financed acquisition in 2019 and am doing a bolt on deal now, also with SBA financing. In 2 years I plan to do a full recap with non-SBA bank financing as I’ll have 5 years of experience and a good relationship with my bank.

I’m interested in learning why you are doing a search fund for the 2nd deal - if you email me at redacted we can set a time to chat.
commentor profile
Reply by a searcher
from Vanderbilt University in St. Louis, MO, USA
Thx Christian. I want to creat a pitch deck for investors and I think the process of doing so will be valuable for me to think through the various issues. I think the Searchfund process is a good analog for me to follow to prepare for discussions and presentations to investors/banks.
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