Proprietary Deals or Broker Deals?
I saw a post here from a new searcher asking for open-ended advice on their searching experience. Responses ranged from “save more money” ahead of time to all kinds of helpful tips on strategy. But, one thing stood out to me was the contradictory advice on sourcing. A number of people saying “Focus more on proprietary deals!” while others said “Only look at broker deals!” This was confusing to me. Why is it mutually exclusive? It shouldn't be. I’ve spent the last 6 years sourcing deals at institutional private equity firms and we always employed BOTH strategies. The challenge for searchers is the limited time and resources to chase both down. This is why is critical to get your sourcing tech stack set up right. I work with searchers & institutional funds to implement best-in-class sourcing processes and technologies. Shoot me a message if you’re interested in setting a strong foundation