Typical due diligence cost for self-funded searchers?

by a searcher from University of Pennsylvania - The Wharton School

1 year ago

What are the typical due diligence cost a self-funded searcher should expect? For those who did self-funded searched I would appreciate your input on what your costs were. For those who targeted to keep their due diligence cost as low as is practically possible, what were some of the things you did to minimize the cost of DD?

5 likes
313 views
15 comments

searcher from Harvard University - Harvard Business School

I think you can do it for <$35k depending on the size of the deal. Most providers will price based on a % of revenue. Always get multiple quotes and speak to the providers on the phone.

5 months ago | like reply | 0 likes

searcher from University of Pennsylvania - The Wharton School

Guesswork Investing did a great survey on due diligence costs, and which items searchers used an advisor or self-completed, or opted out altogether. It's also my favorite ETA resource of all time. https://www.getrevue.co/profile/BigDealSmallBusiness/issues/results-of-deal-cost-survey###-###-####

1 year ago | like reply | 1 like

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

Examples of self-funded searcher websites

Investor seeking Self-Funded Search Deals

What are market terms for Seller Notes?

2 Best Ways To Find Motivated Sellers, Off-Market Deals

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.