This panel discussion, led by Vancouver partner Jared Bachynski, considers how search-based acquisitions are typically completed, with close attention to the issues that arise once a deal has been identified and after the transaction has closed. A sampling of these include:
In a self-funded process, when to approach investors;
Potential roles for investors (e.g. as board members vs. non-director mentors);
The critical importance of finding qualified and experienced board members; and
Communicating your vision to your new managers and employees.
Looking ahead, the recent growth of the search model can be expected to continue. How the current collaborative and supportive search fund ecosystem can successfully “scale”, as more searchers and funders are attracted to it, is a key issue for the future.