The searchers
UK search funds: the searchers, and the businesses they say they want
Updated
No register of UK search funds exists. These are searchers that have said so themselves, on their own posts and profiles, with what each says it wants to buy.
What UK searchers say they are looking for
A UK traditional search fund raising capital on Searchfunder says it wants businesses with £1.5m or more of EBITDA and margins of 15% or more, in niche industrials, industrial services, trade services and tech-enabled business services.
Source: Searchfunder: UK traditional search capital raise
P6 Capital describes itself as a search fund seeking to acquire and operate one UK business with £5m to £25m of annual turnover and an EBITDA margin above 15%.
Source: Gust: P6 Capital
UK searchers that have announced a launch
Roxbi Capital announced its launch as a traditional search fund in the UK on Searchfunder.
Source: Searchfunder: launch of Roxbi Capital
Juxon Capital Partners announced its launch as a UK search fund on Searchfunder.
Source: Searchfunder: Juxon Capital Partners launch
What a search fund buys
Stanford GSB reports that nearly 60% of search funds acquire a company, typically within less than two years of starting to search.
Source: Stanford GSB: search funds keep offering a proven path