Deal falling through: Recovering and moving on

October 18, 2023
by a searcher from Columbia University - Columbia Business School in Boston, MA, USA
A deal I had been working on just fell through. After a little over 2 months of diligence, great rapport with the owner and their management team, it became clear that the company (a service business) had inflated margins when compared to its peers.
I identified some adjustments that needed to be made and brought this up with the seller, who didn't accept. It was a hard decision, but I couldn't afford to overpay for the company.
Any advice on moving on from a broken deal? I'm a traditional funded searcher and still have about another year.
from ESSEC Business School in Torrance, CA, USA
from University of Missouri in Kansas City, MO, USA