Entrepreneurship Through Acquisition
The Search Fund Model
Search Funds are a unique form of private equity that has increased in popularity in recent years. Although around since the early eighties, they have remained a relatively unknown, yet very efficient and successful, model for the transfer, sale, or recapitalization of businesses that are at an inflection point in their corporate timeline.
Often this results in the next generation entrepreneurs, many of whom are seeking their first experience as a CEO, to recapitalize the business with assistance of experienced investors and operators. The concept was first pioneered at some of the top-tier business schools, but has since attracted "searchers" from all walks of life and stages of their career.
This is the story of an entrepreneurial journey - in short, it’s entrepreneurship through acquisition (or "ETA"), and traditionally yields very attractive risk-adjusted returns with aligned incentives for everyone.
More Than Just Investments
Delivering exceptional returns, positively impacting peoples’ lives, and having fun along the way.
We Guide
We guide search fund entrepreneurs through every step of their journey, offering honest and relatable feedback. We understand the challenges of searching, acquiring, and operating a business, and we're here to help entrepreneurs succeed, with their success at the core of everything we do.
We Transform
We transform both the lives of the leaders we support and the businesses we invest in. Search Funds are in our DNA, and we are steadfast in the belief that the model’s strength is in identifying uniquely qualified leaders that can generate amazing financial outcomes.
We Connect
We connect entrepreneurs to an ecosystem of seasoned investors, smart capital, and subject matter experts, providing them with the resources and guidance to acquire the right business at the right price and lead their organizations with confidence.
Entrepreneurs
There are many ways to pursue the path of entrepreneurship, from the bootstrapped startup, to the high-geared world of venture capital, crafting new ideas and opportunities in hopes of building the next great company.
While this may happen for a select few, the reality is the failure rate for startups is high and the pressure on entrepreneurs is even higher to generate results. An alternative path being taken by some who have the desire to run and grow a company, but don’t want to start from scratch is entrepreneurship through acquisition. These future CEOs leverage a search fund to make their dreams a reality.
Looking to run your own company, but don’t want to start from scratch? This may be the path for you. Northspring is always looking to connect with interested candidates for our next searcher cohort.
Investors
Northspring is actively seeking investors interested in allocating assets in private equity with exposure in the lower middle market. As part of the search fund model, making minority investments in micro-cap companies with exponential growth potential, the fund is diversified in established, profitable businesses with an ecosystem that backs the CEOs to support success.
Our typical investor profile includes single or multi-family offices, high-net worth individuals, former searchers, and endowments.
If you would like to learn more about Northspring Partners, we invite you to contact our team.
Please note that Northspring Partners is an SEC registered private equity firm and can work only with Accredited Investors and Qualified Purchasers, as defined by U.S. securities laws. Northspring Partners is prohibited from offering its products to the general public under applicable securities law regulations.