Has anyone looked at putting together a small group of partners or investors to buy small businesses? I’ve seen a couple of threads about buying one individually, but I’m more interested if anyone has had success in small groups. For family reasons, I need to retain health insurance.

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I’m working with a small group of friends who are execs at other firms but have been wondering this same thing for this community. A lot of intelligent people out there with money to invest!

My experience is it would need to be more of a small scale VC than an active ownership of a small business.

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Like an REIT or like the origins of a PE M&A firm?

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Isn’t that similar to what Bain capital does (although theirs is a bit bigger scale)?

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I suppose it is. I’d be less inclined to buy for the purpose of selling. More buying to diversify my income

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I am interested in the idea too

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This is called a search fund these days and lots of people are doing it!

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Interesting. Following.

Have heard talks but not seen anything concrete. Would be interested myself

Wouldn’t it be better to join a small VC team?

Kind of led to the PwC scandal
In Australia. Just kidding - but it did. 😅

Same here. Attending a few deals focused events and trying to put together a deal in services and good. Would be very valuable to have experts who'd want to co-invest and provide advice.

How/where are you finding such events?

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