Self-funded searcher looking for B2B software with sticky, recurring revenue
Hi all,
I'm a few months into a full-time search and wanted to put what I'm looking for in front of this community, since the best leads I've gotten so far have come from people who actually know a business rather than from listings.
Quick version of me: I'm a self-funded, solo searcher with a background in data and automation. I'm looking to buy one B2B business and run it as the owner-operator, not to flip it or run it passively. I want something with real customers who'd find it painful to leave, and I want to spend the next decade making it better.
What I'm looking for:
B2B, with recurring or contracted revenue (not one-time project work that gets re-won every cycle)
Real switching costs, where the business is embedded in how customers operate
3+ years operating, ideally longer, with a real track record
US-based, SBA-eligible
Software, vertical software-adjacent services, or data businesses are the sweet spot, but I'm open to anything that genuinely fits the above
What I'm not looking for: anything that lives or dies on one founder's personal relationships, paid-ad-dependent consumer products, or businesses where the "recurring revenue" is really just repeat goodwill.
A couple of areas I find especially interesting: compliance or regulatory-driven software (where the customer can't operate without it), and businesses sitting on a proprietary dataset that a specific industry relies on.
If you know a business like this — whether the owner's actively selling or just someone you think might be ready to have a conversation — I'd genuinely appreciate the intro.
Happy to return the favor with anything I can help on. Always glad to compare notes
with other searchers too.
Thanks,
Parinaz