Should i acquire a professional service company outside my expertise area?

searcher profile

February 17, 2021

by a searcher from Harvard University - Harvard Business School in Palo Alto, CA, USA

I would like to connect with searchers who have acquired a professional services firm like HR services, engineering consulting or environmental services without a relevant background in that company's specific industry. How did it work out and what are some lessons learned from your experience? Thanks for sharing your insights

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commentor profile
Reply by a searcher
from Excelsior College in San Diego, CA, USA
Hi Yasemin--I'm targeting professional services companies in my area of expertise (staffing companies) and slightly outside my expertise (HR services firms). It's going to be interesting to see which spaces yield more productive from a search point of view--happy to report as I make more progress!
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Reply by an admin
from Massachusetts Institute of Technology in Portland, OR, USA
^redacted‌ - You can find an imperfect and incomplete list of Searchfund acquisitions going back to the early 1980s under the Directory Tab at the top of this screen. Filter by acquisition date. Here is the direct link: https://www.searchfunder.com/searchfund/allsearchfunds
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