TTCER Partners
At a Glance
Pedigree capital for the acquisition round: the bench that built the model's best case, if your search budget is already covered.
- Pricing
- Custom Pricing, Investment terms, not fees: acquisition economics negotiated per the search model's conventions; nothing is published.
- Best For
- Traditional searchers at the acquisition stage who want operators from the model's biggest outcome on the cap table and are not counting on search-phase funding
- Track Record
- Formed in 2007 by the operators behind Asurion, and says it has played a role in building 200-plus businesses.
- Lane
- Traditional
- Funds
- The deal only
- Based
- San Mateo and Boston.
- Invests
- No investing scope on the pages this review read, so ask whether it will look at a search where you are.
- Buys
- Businesses with organic growth, recurring revenues and attractive cash flow, with no size band or industry named.
- Before A First Call
- A short front page about the firm's own scale and a contact page with an address and a form. No application, no criteria on the searcher, and no statement of what it wants to see first.
- First-Time Operators
- Says in its own words that it backs people running a company for the first time.
- How Long The Search Runs
- No length on the search and nothing about what happens if it ends without a deal, on the pages this review read. Ask what the clock is before you sign anything.
- Published Terms
- No check size, stake or fee on the pages this review read. Most firms on this shelf publish none, so ask early rather than late.
- What A Searcher Gets
- Not published on the pages this review read. It is the figure a searcher most wants and most of this shelf does not print it, so ask before the first call rather than after.
- Roadmap Stages
- 1. Learn & Choose Your Path3. Set Up & Fund the Search
Pros and Cons
Pros
- The team operated and backed Asurion, the model's benchmark outcome, and says so plainly
- A stated long-term lens with mentorship framed as the product, not just capital
- A role in over 200 search-acquired and other businesses is depth few benches match
Cons
- No published claim of funding the search phase itself, so budget your search elsewhere
- Terms, check sizes, and fund structure are not published
- Selective and low-profile, so access runs through the searcher network rather than a process
What Searchers Say
A recurring name on searcher-side investor lists, where the Asurion lineage and board depth are the reasons given for wanting them involved.
How to Approach
Firms do not publish a term sheet you can prepare against, so this is how traditional (investor-backed) search capital comes in, what it weighs, and how to arrive ready.
The Typical Arc
- A first conversation on your background and why search, before any deal.
- A deep dive on your plan: industries, criteria, and how you will source.
- Backing for the search itself, then a fresh underwrite when you bring a live deal.
- A board seat and governance once you close.
What It Weighs
- Whether you will finish a two-year search, not only start one.
- The quality of your thesis and target criteria.
- How you will behave on a cap table over a long hold.
How to Prepare
- Bring a sourcing thesis, not a blank slate. Buyer Profile Builder
- Know which firms lead versus follow, and on what terms. Investors
- Make your operator case on one page. Buyer Profile Builder