I contend there are no more proprietary software deals above $5M in revenue with brokers and lower middle market banks willing to dip down to $250k-$500k sellside M&A success fees. There are 1-off searchers to Analysts/Associates at $1B+ VCPE funds calling on the same fixed pool of founders, CEOs, owners. So I'm thinking starting an industry vertical specific software company is just about as viable as a dedicated software search unless you want to buy into a dying industry.
Give me some feedback people.
%!*k! Proprietary
by a searcher from Harvard University - Harvard Business School
More on Searchfunder
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.
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.
We formed our business after identifying a significant gap in the lower middle-market business category. Each year, an abundance of great companies is left with little transaction support when considering the sale of their business. These lower middle-market companies (generating EBITA greater than $500K but less than $2M) are often considered too small for larger investment banks and yet too sophisticated for the business broker/public listing sales process.
As a niche focused mergers and acquisitions firm we are the opportunity to become part of a national organization of like minded senior executives targeting the 16,000 lower middle market Canadian business that are 83% owned by principal shareholders who are 50+ years old, have the majority of their wealth tied up in their business and are seeking to transition or exit their business over the next decade.https://shaughnessy.group/careers