What are you searching for?
Because it’s not easy
Who you search with matters
Nobody tells you when you've had a good search day. Deals fall through, sellers go cold, and weeks can pass without a meaningful response. The work is isolating in a way that's hard to explain until you're inside it. That's why the people you choose to build with matter as much as the business you choose to buy.
We back a small number of searchers each year, not because we can't do more, but because real support requires real time. When we're in, we're really in. From our first conversation about your search to your first 100 days as an operator and well beyond, we stay close to the work and close to you.
Meet our searchers
Every searcher has a story. While each is forging a unique path, they all share a determination that inspired us to back their search.
Supporting Your Search
It starts with a conversation
Anyone selling a perfectly repeatable playbook is either oversimplifying or still has a lot to learn. We bring a framework, not a script. The process stays personal because you are a person. Before spreadsheets, before targets, before momentum-for-momentum’s-sake, we talk.
Raising Your Fund
The right investors will be there when things get complicated. We help you think through not just who to approach, but what you’re actually looking for: what to ask, what to listen for, and how to build a cap table that supports you through the full arc of search and operation.
Search Setup
Before you send a single outreach email, we help you lay the infrastructure underneath the search. Industry thesis, target criteria, sourcing channels, outreach systems—we’ve built these before, and we’ll help you build yours. With our support, you’ll develop the judgement to know a good target when you see one.
Search Process
Search is lonely in a way that’s hard to explain until you’re in it. Nobody tells you when you’ve had a good day. Deals fall through. Sellers go cold. Weeks pass without a response. We stay close during this phase, not to micromanage, but because we know what it feels like when you need someone to pick up the phone and say: keep going.
Closing + Operation
When a deal gets real, everything accelerates and the noise gets louder. Legal, compliance, seller psychology, deal structure, what to negotiate, and what to let go. We’ve been in these rooms. We know which battles matter. We’ll help you stay clear-headed, move decisively, and close the right deal the right way.
Operating + Growing
The close is only the beginning. The first 100 days involve everything from shaping your culture to developing trust on your team. We bring the operational experience of having scaled from few locations to many, from zero infrastructure to systems that hold. We’re not done when the deal is signed. We’re just getting started.
Meet Our OperatorsAnatomy of a Search Success
Our Metro Vein journey
When we acquired Metro Vein Centers, we didn't just run the playbook. We actively rewrote it. Nine years later, we’re proud to say our outcome thus far is among the most successful in search fund history—and still growing!
CEO-in-Residence
For a select few, we go all in together
The CEO-in-Residence path is for those who want one partner fully committed to them, from searching to scaling, with real governance authority and permanent capital behind them. We work this way with one or two people a year, because this level of commitment only works when it's given completely.
Chris Callander (center) is a CEO-in-Residence with TBD.
We search for operators with heart
We are operators first, proven in the field, not just on paper. We build differently by fueling insight, creativity, endurance, and the type of innovation that comes from hands-on work and courage.
See how we operate