Pre Close Legal Support | Out of State Acquisition

Member resources:

Frequent asked questions:

What is Searchfunder.com?

Searchfunder.com is an online community of searchers, investors, lenders, brokers and other professionals. Over 80% of those involved in searchfunds maintain a Searchfunder account to help them network, hire, and mentor others.

What are the benefits of membership?

In addition to accessing the most active online network of business buyers, Searchfunder licenses research that is simply not cost effective for individuals. Access over 15,000 industry reports and 50,000 transaction financials. You also get monthly credits for contact information for your company sourcing campaign with the option to purchase more at drastically discounted rates. Searchfunder has pre-purchased access from these data providers in order to empower individual buyers and to help searchers level the playing field versus private equity.

Do you have deals?

While we are primarily a buy-side network, we do have hundreds of brokers that regularly post deals to the community.

Can I find an internship on Searchfunder?

Absolutely! We have the industry's largest intern job board. If you are considering a search, the first step is to help another business buyer so you can hit the ground running.

What does it cost?

Searchfunder is a subscription service. We offer flexible monthly, annual and lifetime memberships.

Monthly

$79 / month

Annual

$19 / month

Lifetime

$432 / once

Those who maintain an account with us for over 4 continuous years are permanently added to the community without the need for a membership.

Do I need an MBA to join?

While a large number of our members come from dedicated programs at Harvard Business School, Stanford GSB, Chicago Booth, and other top programs, searching is no longer reserved for the elite. With the current abundance of dry powder in private equity, and an increasing number of business owners reaching retirement age, good deals rarely go unfunded.

Post a question, deal, job, etc...

Make a post...

Complete registration to post.

by a searcher from Lehigh Univervsity
in Orlando, FL, USA

8mos ago

Pre Close Legal Support | Out of State Acquisition

Looking at a few deals outside my home state where I would relocate post close to operate the businesses. For the folks that have done this, do you typically use legal support in your home state where you have a relationships? Or find a local M&A attorney to support the process?

0 Likes

258 Views

reply by a professional 8mos ago
from University of Michigan in Detroit, MI, USA

Hi ^redacted‌, I agree with ^redacted‌. The most important thing is working with a lawyer who has experience closing the type of deals you want to close. There are many lawyers on this platform devoted to helping searchers acquire small businesses nationally. I count myself in that group. Happy to discuss further if helpful. Feel free to reach out at redacted and we can schedule a time to talk.

reply by a professional 8mos ago
from University of Alabama at Birmingham in Florida, USA

Adding to the great points already made for most main street or lower-middle-market acquisitions, it’s common to have your primary M&A attorney lead the deal and then bring in local counsel where state-specific issues arise (like entity filings, lien terminations, or tax clearances). Think of your main attorney as the head coach setting the strategy, running the playbook, and coordinating the local “position players” (specialists) to make sure the deal gets executed smoothly and within the rules. Please feel free to DM or visit patellaw.cloud if you’d like to discuss how that setup typically works in practice. Roll Tide! 🏈