{ "name": "uksearchfunds.co.uk UK Search Funds Register", "title": "UK Search Funds Register", "url": "https://uksearchfunds.co.uk/datasets/uk-search-funds-register/", "csv": "https://uksearchfunds.co.uk/datasets/uk-search-funds-register.csv", "markdown": "https://uksearchfunds.co.uk/datasets/uk-search-funds-register/index.md", "computed_at": "2026-10-29", "license": "https://uksearchfunds.co.uk/terms", "headline": "The UK Search Funds Register carries 2 published figures read from 2 sources' own pages, from 58 to 73 percent, read 28 October 2026.", "quotes": [ "The UK Search Funds Register carries 2 published figures read from 2 sources' own pages, from 58 to 73 percent, read 28 October 2026.", "3 of the 17 named sources read in full publish a figure; 14 publish none, read 28 October 2026.", "UK Search Funds Register, measure new search funds launched worldwide outside the US and Canada in 2024 (IESE 2026 study): median 96 new across 1 source, read 28 October 2026.", "UK Search Funds Register, measure international search funds that had acquired a company (IESE 2026 study): median 216 had across 1 source, read 28 October 2026.", "UK Search Funds Register, measure acquisition rate of concluded international searches (IESE 2026 study): median 73 percent across 1 source, read 28 October 2026.", "UK Search Funds Register, measure core search funds tracked in the US and Canada since 1996 (Stanford GSB 2026 study): median 850 core across 1 source, read 28 October 2026.", "UK Search Funds Register, measure acquisition rate of search funds since 1996, US and Canada (Stanford GSB 2026 study): median 58 percent across 1 source, read 28 October 2026.", "UK Search Funds Register, searcher UK traditional search fund raising capital: minimum EBITDA sought (own post on Searchfunder): median 1,500,000 GBP across 1 source, read 28 October 2026." ], "citation": "\"uksearchfunds.co.uk UK Search Funds Register\", updated 2026-10-29, https://uksearchfunds.co.uk/datasets/uk-search-funds-register/.", "changed_since": null, "national": { "unit": "%", "n": 2, "median": 65.5, "min": 58, "max": 73, "p25": null, "p75": null, "mean": 65.5, "units": { "%": 2, "GBP": 1, "core": 1, "had": 1, "new": 1 }, "published_sources": 3, "named_sources": 18, "read_sources": 17, "not_published": 14, "published_share": 0.176 }, "by_axis": { "measure": { "new search funds launched worldwide outside the US and Canada in 2024 (IESE 2026 study)": { "new": { "n": 1, "median": 96, "min": 96, "max": 96, "p25": 96, "p75": 96, "mean": 96 } }, "international search funds that had acquired a company (IESE 2026 study)": { "had": { "n": 1, "median": 216, "min": 216, "max": 216, "p25": 216, "p75": 216, "mean": 216 } }, "acquisition rate of concluded international searches (IESE 2026 study)": { "%": { "n": 1, "median": 73, "min": 73, "max": 73, "p25": 73, "p75": 73, "mean": 73 } }, "core search funds tracked in the US and Canada since 1996 (Stanford GSB 2026 study)": { "core": { "n": 1, "median": 850, "min": 850, "max": 850, "p25": 850, "p75": 850, "mean": 850 } }, "acquisition rate of search funds since 1996, US and Canada (Stanford GSB 2026 study)": { "%": { "n": 1, "median": 58, "min": 58, "max": 58, "p25": 58, "p75": 58, "mean": 58 } } }, "searcher": { "UK traditional search fund raising capital: minimum EBITDA sought (own post on Searchfunder)": { "GBP": { "n": 1, "median": 1500000, "min": 1500000, "max": 1500000, "p25": 1500000, "p75": 1500000, "mean": 1500000 } } } }, "rows": [ { "source": "IESE: search funds' record expansion", "url": "https://www.iese.edu/insight/articles/search-funds-record-expansion/", "figure": "96 new search funds", "value": 96, "unit": "new", "vat": null, "axis": { "measure": "new search funds launched worldwide outside the US and Canada in 2024 (IESE 2026 study)" }, "retrieved_at": "2026-10-28", "quote": "The international search fund model has achieved record results, with 96 new search funds launched in 2024 as well as 46 acquisitions in 2025, according to the latest report from IESE.", "source_class": "first-party-index", "text_sha256": "6ad5eda5109b53fa497349fca01fe2c9f8dabaad5fabb38adf33ebcb18d98f6c" }, { "source": "IESE: search funds' record expansion", "url": "https://www.iese.edu/insight/articles/search-funds-record-expansion/", "figure": "216 had acquired companies", "value": 216, "unit": "had", "vat": null, "axis": { "measure": "international search funds that had acquired a company (IESE 2026 study)" }, "retrieved_at": "2026-10-28", "quote": "A further 216 had acquired companies, 80 had abandoned their search without acquiring and 17 had deviated from the search-fund model.", "source_class": "first-party-index", "text_sha256": "6ad5eda5109b53fa497349fca01fe2c9f8dabaad5fabb38adf33ebcb18d98f6c" }, { "source": "IESE: search funds' record expansion", "url": "https://www.iese.edu/insight/articles/search-funds-record-expansion/", "figure": "73%", "value": 73, "unit": "%", "vat": null, "axis": { "measure": "acquisition rate of concluded international searches (IESE 2026 study)" }, "retrieved_at": "2026-10-28", "quote": "Together, these two regions account for 88% of known international search funds and 93.5% of international acquisitions as of December 2025. Among concluded international searches, 73% resulted in an acquisition, compared with 79% in the previous study.", "source_class": "first-party-index", "text_sha256": "6ad5eda5109b53fa497349fca01fe2c9f8dabaad5fabb38adf33ebcb18d98f6c" }, { "source": "Stanford GSB: search funds keep offering a proven path", "url": "https://www.gsb.stanford.edu/index.php/insights/search-funds-keep-offering-proven-path-ownership", "figure": "850 core search funds", "value": 850, "unit": "core", "vat": null, "axis": { "measure": "core search funds tracked in the US and Canada since 1996 (Stanford GSB 2026 study)" }, "retrieved_at": "2026-10-28", "quote": "Since 1996, GHCES has tracked over 850 core search funds in the United States and Canada, and charted the field’s evolution.", "source_class": "first-party-index", "text_sha256": "e74b8ef51b2a75277e7d9b8caee400fbd1502717c9ebb5c7ffd4c08deb8493bf" }, { "source": "Stanford GSB: search funds keep offering a proven path", "url": "https://www.gsb.stanford.edu/index.php/insights/search-funds-keep-offering-proven-path-ownership", "figure": "58%", "value": 58, "unit": "%", "vat": null, "axis": { "measure": "acquisition rate of search funds since 1996, US and Canada (Stanford GSB 2026 study)" }, "retrieved_at": "2026-10-28", "quote": "Since the first report in 1996, the aggregate acquisition rate for search funds has been 58%.", "source_class": "first-party-index", "text_sha256": "e74b8ef51b2a75277e7d9b8caee400fbd1502717c9ebb5c7ffd4c08deb8493bf" }, { "source": "Searchfunder: UK traditional search capital raise", "url": "https://searchfunder.com/post/uk-traditional-search-capital-raise", "figure": "£1.5m", "value": 1500000, "unit": "GBP", "vat": null, "axis": { "searcher": "UK traditional search fund raising capital: minimum EBITDA sought (own post on Searchfunder)" }, "retrieved_at": "2026-10-28", "quote": "Raising a UK traditional search fund, £1.5m+ EBITDA, 15%+ margins, focused on Niche Industrials, Industrial Services, Trade Services, and Tech-Enabled Business Services.", "source_class": "secondary", "text_sha256": "028e0ad721490214898791080d90e56ac15b3d1640c578e1fa50e6a680fc0edb" } ], "not_published": [ { "source": "Companies House: Juxon Capital Partners", "url": "https://find-and-update.company-information.service.gov.uk/search/companies?q=juxon+capital+partners", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Companies House: Roxbi Capital", "url": "https://find-and-update.company-information.service.gov.uk/search/companies?q=roxbi+capital", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Companies House: P6 Capital", "url": "https://find-and-update.company-information.service.gov.uk/search/companies?q=p6+capital", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Companies House: Munger Longview", "url": "https://find-and-update.company-information.service.gov.uk/search/companies?q=munger+longview", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" }, { "source": "Stanford GSB: search fund research", "url": "https://www.gsb.stanford.edu/experience/about/centers-institutes/ghces/research/search-funds", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Searchfunder: launch of Roxbi Capital", "url": "https://www.searchfunder.com/post/launch-of-roxbi-capital-a-traditional-search-fund-in-the-uk", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Searchfunder: Juxon Capital Partners launch", "url": "https://searchfunder.com/post/search-fund-launch-in-the-uk-juxon-capital-partners", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Searchfunder: UK-focused partnered search seeking investors", "url": "https://searchfunder.com/post/seeking-investors-uk-focused-fund-experienced-partnered-search-team", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Searchfunder: a B2B SaaS search fund for the UK", "url": "https://searchfunder.com/post/setting-up-a-new-b2b-saas-focussed-search-fund-and-uk-searchers-ceos-exited-owners", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Searchfunder: hiring UK search fund interns", "url": "https://www.searchfunder.com/post/hiring-uk-part-time-search-fund-interns", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Searchfunder: search fund internship", "url": "https://www.searchfunder.com/post/search-fund-internship-11", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Searchfunder: UK search fund experience", "url": "https://searchfunder.com/post/uk-search-fund-experience", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "Gust: P6 Capital", "url": "https://gust.com/companies/p6_capital", "retrieved_at": "2026-10-28", "reason": "every candidate on the page was refused" }, { "source": "M&A Zing: the UK search fund playbook (LT Heritage Partners)", "url": "https://audioboom.com/posts/8866459", "retrieved_at": "2026-10-28", "reason": "read in full and no accepted figure on the page" } ], "sources": [ { "url": "https://find-and-update.company-information.service.gov.uk/search/companies?q=juxon+capital+partners", "label": "Companies House: Juxon Capital Partners", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://find-and-update.company-information.service.gov.uk/search/companies?q=roxbi+capital", "label": "Companies House: Roxbi Capital", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://find-and-update.company-information.service.gov.uk/search/companies?q=p6+capital", "label": "Companies House: P6 Capital", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://find-and-update.company-information.service.gov.uk/search/companies?q=munger+longview", "label": "Companies House: Munger Longview", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.iese.edu/insight/articles/search-funds-record-expansion/", "label": "IESE: search funds' record expansion", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.gsb.stanford.edu/experience/about/centers-institutes/ghces/research/search-funds", "label": "Stanford GSB: search fund research", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.gsb.stanford.edu/index.php/insights/search-funds-keep-offering-proven-path-ownership", "label": "Stanford GSB: search funds keep offering a proven path", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.searchfunder.com/post/launch-of-roxbi-capital-a-traditional-search-fund-in-the-uk", "label": "Searchfunder: launch of Roxbi Capital", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://searchfunder.com/post/search-fund-launch-in-the-uk-juxon-capital-partners", "label": "Searchfunder: Juxon Capital Partners launch", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://searchfunder.com/post/uk-traditional-search-capital-raise", "label": "Searchfunder: UK traditional search capital raise", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://searchfunder.com/post/seeking-investors-uk-focused-fund-experienced-partnered-search-team", "label": "Searchfunder: UK-focused partnered search seeking investors", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://searchfunder.com/post/setting-up-a-new-b2b-saas-focussed-search-fund-and-uk-searchers-ceos-exited-owners", "label": "Searchfunder: a B2B SaaS search fund for the UK", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.searchfunder.com/post/hiring-uk-part-time-search-fund-interns", "label": "Searchfunder: hiring UK search fund interns", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.searchfunder.com/post/search-fund-internship-11", "label": "Searchfunder: search fund internship", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://searchfunder.com/post/uk-search-fund-experience", "label": "Searchfunder: UK search fund experience", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://gust.com/companies/p6_capital", "label": "Gust: P6 Capital", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://audioboom.com/posts/8866459", "label": "M&A Zing: the UK search fund playbook (LT Heritage Partners)", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://searchfunder.com/searchfunds", "label": "Searchfunder: what is a search fund", "license": "the publisher's own terms; quoted for reporting and comment" } ], "methodology": "Every row is a verbatim sentence read from the named source's own page through our fetch service on the date shown, hash-pinned to the stored read (the sha of the page's visible text; the raw page is mirrored to R2). 3 of the 17 named sources that could be read published a usable figure; 14 published none and are recorded as not published, never filled in; 1 could not be read (blocked, dead or unreachable) and count nowhere. The headline figures (median, minimum, maximum, quartiles) are over ONE figure per source in % (a source's median where its page yielded several accepted sentences), so N counts sources, never sentences; 60 candidate sentence(s) were refused by a reviewer with the reason recorded. The fuller derivation this dataset is chartered to grow into (not yet what the figures above are; they are each source's own published figure as read): one row per UK searcher: the fund's name, the searcher's own stated criteria (sector, EBITDA or revenue band, margin, geography), traditional or self-funded, the date of its own statement and its Companies House record; the count by stage and criteria band, against the IESE count of international searchers", "embed": "

58 to 73 percent

2 published figures, UK Search Funds Register, across 2 sources, read 28 October 2026

Source: uksearchfunds.co.uk UK Search Funds Register
" }