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The $295m Search Fund Exit

The $295m Search Fund Exit

Acquiring Minds · Will Smith

September 25, 20231h 30m

About this episode

Sandy Paige struggled to raise a search fund as a mid-career executive, then grew EBITDA by 7x and exited for 9 figures. Topics in Sandy’s interview:Delaying search due to timingHurdles he overcame to raise fundsWhy he chose traditional searchHow he got a good deal on purchase priceRenting space to animal research labsImportance of hiring the right senior teamSimilarities between his company and WeWorkTerrifying risks with the real estate dynamicsAdvice for searchers over 40Selling to competitor Charles River LaboratoriesReferences and how to contact Sandy:LinkedInExplora BiolabsLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition Lab

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Topics

entrepreneurshipentrepreneuronline businessSMBacquireacquisition