What hypotheses do you have about the current economic environment?

by a searcher from University of Pennsylvania - The Wharton School

3 years ago

In my conversations with searchers and investors, I've discussed some interesting perspectives on how the economy (and possible outcomes of COVID 19) could affect the search environment.  I would love to hear additional thoughts from this community. 

 In particular, what are your hypotheses on...
* Search funds launched (continue to grow in popularity in the near term?)
* Search fund investment (contract or expand?)
* Lower MM PE/M&A activity (increase or slow down?)
* Overall acquisition valuations/multiples (generally increase or decrease?)
* Other high impact trends (e.g., industries to watch, unique search strategies that will prove successful, characteristics of businesses that will command a 'COVID' premium or discount?)

Would love thoughts on any/all of the above.  If interested, I'm also happy to share my synthesis based on the conversations I've had so far (feel free to DM).  Thanks!

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11 comments

searcher from Saint Louis University - John Cook School of Business

Ross, very good point!

3 years ago | like reply | 0 likes

searcher from Saint Louis University - John Cook School of Business

Neil, this was a thought provoking post you shared! I think there will be a lot of investors ready to deploy capital, but I think most investors/searchers are weary of the current economy. I would assume a potential searcher would hold onto their steady job for the time being instead of starting a search fund right now. Time will only tell

3 years ago | like reply | 0 likes

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