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Istria Capital

At a Glance

If you are searching in Europe, and especially Spain, the region's dedicated backer belongs on your list; US searchers should weigh its European center of gravity.

Pricing
Custom Pricing, Investment terms, not fees: traditional search-fund economics (search capital, step-up, acquisition equity, searcher vesting), negotiated per the model's conventions; a European mandate weighted toward Spain.
Best For
European, especially Spanish, traditional searchers who want a dedicated regional backer, and international searchers open to a Europe-weighted fund
Roadmap Stages
1. Decide & Choose Your Path2. Set Up & Fund the Search

Pros and Cons

Pros

  • The leading dedicated European search-fund investor, with searchers across five countries
  • Backs the full arc, search through acquisition, on a people-first thesis
  • Regional depth in Spain and Europe that the US-anchored funds do not offer

Cons

  • Europe-weighted, so US searchers are not its center of gravity
  • A JavaScript-heavy site that reveals little to verify against, so track record leans on secondary coverage
  • Terms and process not published, the category norm

What Searchers Say

Recognized in European ETA circles as the region's anchor search-fund investor since 2016; its own site is thin to machine reading, so specifics here are corroborated by secondary coverage.

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