Stories of searchers who purchased a business but didn't move

August 03, 2020

by a searcher from University of Dallas in Houston, TX, USA

Looking to hear from acquirers who didn't move after acquiring your business. Most businesses seem to be acquired within###-###-#### miles of the searcher.

- Was your deal proximate enough that you could commute periodically via car plane?
- If your deal was in another city how did you structure travel and communication?
- How did your conversations with investors go? Did they care?
- Under what scenarios would this not work?

Reply by an admin
from Stanford University in Honolulu, HI, USA

Thanks for your inquiry. Ilook forward to hearing the advice of searchers on this question. We did a study on the average distance between searcher and operating company last year. Here's what we found: https://www.searchfunder.com/post/searchfunder-analysis-distance-to-your-target. Warmly, Karen

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