Solo Searcher Raising Capital | Traditional Search Fund | Service-Based Biz Focus
June 17, 2025
by a searcher from Western Governors University in Andover, Kansas, United States
Hello Searchfunder community,
I’m Ricky Pentz, launching Iron Eagle Ventures LLC, a traditional search fund with the goal of acquiring and operating a service-based business in the U.S.
🔹 About Me:
Seasoned executive with a background in railcar repair and industrial services. I’ve led multi-site operations, executed turnarounds, and driven regulatory and financial performance.
🔹 Investment Focus:
• Stable, recurring-revenue service businesses
• Target Revenue: $1M–$5M | EBITDA: $250K–$1.5M
• Industry: B2B services, logistics, industrial, powersports
• Geography: Midwest & Southwest U.S.
🔹 Capital Raise:
• $300K–$450K search capital for a 24-month search
• Acquisition funded via equity + SBA/seller financing
🔹 Why I’m Excited:
The lower-middle market is full of great companies needing succession. I bring operational discipline and long-term vision to drive value post-acquisition.
If you’re an investor open to learning more or mentoring a solo searcher, I’d love to connect.
• Seeking Investors
• Traditional Search
• Solo Searcher
• Service Businesses
• Midwest
• Acquisition
from University of Missouri in Denver, CO, USA
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA