Is it too late to start a searchfund?

by a searcher from Brigham Young University

2 years ago

Acquired a company in December as a self-funded searcher and it is going well. 

Looking for the next opportunity, with a few potential targets already in sight. Is it too late to start a searchfund or is it too late in the process to be attractive to investors? Interested in supplementing the search, and building relationships prior to funding round. 

Targeting smaller service based, monthly contract or construction service businesses (based on prior experience) with multiples in the###-###-#### range.

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4 comments

intermediary

That ship has sailed. Your fate is set and you cannot escape it.

1 year ago | like reply | 0 likes

investor from IESE Business School

In my opinion it's never too late to raise capital based on a successful acquisition and a nice buildup plan. It will not be a traditional searchfund and you need to think how you are going to bring, in a global deal for investors, your already acquired company. Make it attractive and investors will follow.

2 years ago | like reply | 0 likes

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