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Investors

Search Fund Partners

The longest-tenured dedicated search investor, backing searches and the acquisitions they produce since 2004.

Pacific Lake Partners

The scale player: describes itself as the largest dedicated search investor, with hundreds of searchers backed.

Anacapa Partners

A founder-investor who has personally run searches; a first-call for operator empathy on the cap table.

Trilogy Search Partners

Partner-capital firm valued for operator depth and post-close support over sheer portfolio size.

ETA Equity

Deep pattern recognition on the partnership: a co-founder who has backed over 90 search funds personally.

Endurance Search Partners

A family-office anchor: patient capital, with hundreds of search partnerships already behind it.

Relay Investments

A lead investor in most searches it joins, publishing a 15 to 25% cap table and $1M to $3.5M checks.

Aspect Investors

Led by a former searcher-CEO reporting nearly 200 search-fund investments, with former searchers on the team.

Housatonic Partners

A 1994-founded firm with a dedicated search practice and average holds past seven years; patient capital by habit.

The Cambria Group

Structure-flexible across 300-plus platforms: search fund executives, independent sponsors, co-investments.

Miramar Equity Partners

Dallas family-office capital for search-acquired businesses: 125-plus searches backed, ex-searcher CEOs on staff.

WSC & Company

ETA-focused capital that publishes its target: founder-owned businesses with roughly $2M to $10M of EBITDA.

Futaleufu Partners

Mentorship-first, run by the author of the model's original course; its operator-LPs sit on boards.

Applied Equity (formerly Bradford Brown)

A one-partner Boston shop on many cap tables: eighteen McKinsey partner years in services, SaaS, and data.

Peterson Partners

A two-decade practice whose founder, Joel Peterson, backed Asurion, the model's most-cited early name.

M2O

A Los Angeles family office since 1992: traditional search capital and self-funded gaps from one balance sheet.

Liberty Search Ventures

The dedicated search-fund vehicle of a New York PE firm: 5 to 10% of a search's commitments, not of the deal.

Istria Capital

Europe's dedicated search-fund backer since 2016: 16 searchers across Spain, Germany, the UK, and France.

Vonzeo Capital

The global traditional backer: search and acquisition financed across thirteen named countries.

GT Entrepreneurs

Buys a unit or two of a search fund and publishes the arithmetic, including the multiple it will not pay above.

Ambit Partners

A specialist search investor working seven named regions, from the fund itself through the equity gap.

Footbridge Partners

Publishes the deal it wants in numbers, $1.5M to $7M of EBITDA, and takes three or four entrepreneurs a year.

NextGen Growth Partners

Entrepreneur-in-residence model: search inside the firm on salary, then lead what you acquire.

Novastone Capital Advisors

The operator-led program lane, with a published eight-step selection and a search phase it caps at 24 months.

Brydon Group

The cohort-scale employed program: a search salary, 46 acquisitions, $30M-plus of equity per platform.

Sleeping Giant Capital

Place-based employed search in West Michigan: train first, then search on salary with acquisition capital committed.

WAD Capital

Benelux salaried search on the lane's only published terms: a monthly fee, financing, and vesting equity.

SMEVentures

The Asia Pacific lane: a funded search with a salary, then five to ten years as CEO of what you buy.

TTCER Partners

The Asurion operators' partnership: deal-stage capital and board depth, with no search-phase backing.

Plexus Capital

Structured capital whose $977M seventh fund names search funds, at $5M to $25M initial checks.

Search Fund Accelerator

A cohort of solo searchers, with the equity a searcher earns published and the pay during the search not.

American Operator

Buys the business itself and installs a vetted operator as salaried CEO with day-one equity and a buy-up path.

Teamshares

Buys the company first and recruits a president to run it, and never says on its own site what that president is paid.

CapitalPad

Fills the equity gap on a deal already under LOI through one SPV, at no fee to the searcher.

Smash.vc

Founder-led balance-sheet investor writing minority checks into self-funded deals with a modest equity gap.

Prox Search Capital

Publishes both halves of the dilution question: what it writes, and the ownership range it takes for it.

Entrepreneurial Capital

Capital from the letter of intent onward, with a named program that reads deals for searchers who have none yet.

ETA Funding Partners

Publishes how many investments it expects to make in a year as well as what each one is worth.

New Majority Capital

Self-funded buyers only, at half a million dollars of EBITDA and up, with diligence advanced at zero interest.

Westerly Group

Permanent capital behind an operator rather than a fund with an exit clock, and no size or industry criteria named.