Discover and read the best of Twitter Threads about #searchfund
Most recents (3)
What does a Self-Funded Searcher Pitch Deck look like? I found thousands of exampls of VC/Startup decks online but no great example for SFS's seeking gap equity investment. Here's what I included... what's missing?
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#searchfund #selffundedsearcher #ETA #buythenbuild #smbtwit
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#searchfund #selffundedsearcher #ETA #buythenbuild #smbtwit
Slide 1. About: Rough summary of the deal (company) under LOI and the fact that I am a self-funded searcher. Light on content without financial data.
Slide 2. Industry: This is the "Problem" with facts about the industry the company operates in and current market conditions.
The probability that you make money (carried interest) on a search fund?
2 out of 3 search funders close on a deal, and of those that close, 73% realize a gain. Which means that less than half (~48%) make it to this stage. #privateequity #searchfund
2 out of 3 search funders close on a deal, and of those that close, 73% realize a gain. Which means that less than half (~48%) make it to this stage. #privateequity #searchfund
Lower ROI outcomes are associated with shorter hold periods (per the chart), but if you assume an 8% pref and average hold of 5 years, then carried interest is earned above a 1.5x MOIC.
If you look only at outcomes in excess of 2x ROI in the chart provided (Stanford Search Fund Study 2022), then ~35% of search funds achieve a return above 2x. #searchfund #independentsponsor #SMB
DueDilio Case Study Tuesday
Sharing some of the projects we facilitate.
This one comes from a search fund...👇
1/4
Sharing some of the projects we facilitate.
This one comes from a search fund...👇
1/4
"We're acquiring a commercial landscaping business in the Southeast that does about $6M in revenue. We're looking to have a valuation of hard assets performed. It's a combination of trucks/vehicles, trailers, heavy equipment and mowers.
2/4
2/4
We'd really just like to confirm the asset value is generally in line with what the seller is saying."
Results...👇
3/4
Results...👇
3/4
