Michael Girdley (@*Girdley)*) & Bill D’Alessandro (@*BillDA)*), are joined by Steve Ressler (@*steveressler)*) to talk about best practices when running a search, his search fund *The Brydon Group)*, buying opportunities in the SMB space, what do the best search funders do, top CEO’s skills, and more.
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-----Show Notes:
**(01:09) - Cloudbookkeeping.com(2:20) - What do the more intelligent search funders do to pitch you?(4:14) - What are good reasons to do a search fund?(6:24) - How would you segment the search fund prototype?(8:29) - How can you tell if a senior executive will be an operative one?(11:22) - What do you look for in a searcher?(14:14) - Tell us about the Brydon Group and what you’re doing (19:40) - What’s the profile you look for? What type of deals do you look for?(21:40) - How do you structure deals? What about the financing?(25:08) - How do you think about debt for this kind of search? How does the equity side work?(28:34) - What do you look for in a searcher?(33:52) - Why do you go for $2 to $5 MM EBITDA range deals?(36:47) - Where are the winds blowing in the private markets?(38:45) - Do you think that Covid put pressure on the sellers, burnout syndrome, that kind of stuff?(42:04) - What are the craziest things you’ve seen from searchers?-----Links:* *https://www.linkedin.com/in/ressler/)* * https://www.brydon.com/for-searchers) * [email protected]) -----**Additional episodes you might enjoy:
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