Search Funds Defined: Pros and Cons

Search funds make good potential buyers for small- and middle-market business owners looking to exit their companies. H. Irving Grousbeck, a professor at Stanford University’s Graduate School of Business, created the search fund concept in 1984, and by 2020, the┬ánumber of search funds┬áhad grown to over 400. Search fund entrepreneurs differ from private equity investors, …

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