Successful Search Fund Exits

investor profile

June 17, 2021

by an investor from Carnegie Mellon University in Newport Beach, CA, USA

Hi Searchfunder Crew!

Excited to join the community and wanted to give a quick intro. I work at a MM PE firm ($2bln AUM) that invests in high quality niche market leaders. We typically invest in businesses between $7-35M in EBITDA for platforms and $1M+ EBITDA for add-ons to our existing portfolio companies. I learned about the search community after hearing about an incredibly successful search fund deal that came to market via a banker (search funder bought the company at what I assume was a couple million of EBITDA and grew it to $20M+ EBITDA over a few years in a niche market) that we were reviewing as a potential platform deal.

Figured joining would be a great way to learn more about deals and provide advice / options for exit. Please message me if you are interested in learning more about how PE thinks about acquisitions / exits or if you have a business that you are considering exiting! Happy to contribute however I can.

Best,
Lawrence

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Reply by a searcher
from Bryant University in Miami, FL, USA
Welcome! We are starting a platform company now. We have one under LOI and soon will have 4-5 more acquisitions to add on. Our goal is exactly what that search fund did that you mentioned.
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Reply by an intermediary
from Northeastern University in Boston, MA, USA
Welcome Lawrence. Happy to chat if you are, we are a platform for buyers and sellers of businesses (we are not broker listings). Feel free to email me at redacted
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