The $295m Search Fund Exit
Sep 25, 2023•1 hr 31 min
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
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 timing
- Hurdles he overcame to raise funds
- Why he chose traditional search
- How he got a good deal on purchase price
- Renting space to animal research labs
- Importance of hiring the right senior team
- Similarities between his company and WeWork
- Terrifying risks with the real estate dynamics
- Advice for searchers over 40
- Selling to competitor Charles River Laboratories
References and how to contact Sandy:
Learn more about Walker Deibel's done-with-you buy-side advisory:
Connect with A-players who can run your business remotely:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
For the best experience, listen in Metacast app for iOS or Android