Search Fund Coalition

Thanks to all who joined for our November panel! Such an important, insightful conversation.

?? Miami Searcher & SMB Happy Hour ?? Thank you to everyone who joined us for the South Florida ETA & SMB Happy Hour in Miami! From networking over drinks to discussing the future of ETA, it was amazing to see the 50+ of you come together in this vibrant and growing community. We’re grateful to each of you for making this event a success, and we hope to see you build on these connections in the months to come! Stay tuned for more exciting events in South Florida. (Coming very soon!! ??) Special thanks to Carlo Santelli and our incredible partners Sarah Andrews / Live Oak Bank and Daniel Macks / STREAM Capital Partners, LLC for making this event possible.

Join us next week! Free ticket code: STREAM1124

?? Join us in Miami THIS Thursday! ?? Sign up: https://lu.ma/sflhh1124 Search Fund Coalition is excited to host a South Florida ETA & SMB Happy Hour in Miami?this Thursday, November 14th! This is a great opportunity for Searchers, Sponsors, SMB Operators, and the South Florida SMB community supporting ETA to connect and network over drinks in a casual setting. This event is free for all, thanks to our partners STREAM Capital Partners, LLC and Live Oak Bank Sarah Andrews Daniel Macks + Carlo Santelli + Roman Beylin Don’t miss out, we look forward to seeing you there!

?? Partner Spotlight ?? We’re excited to highlight STREAM Capital Partners, LLC as this month’s featured partner. As a national leader in sale-leaseback advisory with over $20 billion in transactions, STREAM continues to expand globally, bringing top-tier real estate solutions to clients across various industries. For Searchers and Sponsors looking at larger, Non-SBA Deals,? a sale-leaseback can be a powerful tool—unlocking the value of real estate assets to inject cash into your acquisition or fuel business growth, while still allowing you to operate from the same property through a long-term lease. If you’re looking to scale with larger deals (like $10M+ acquisitions), a sale-leaseback could help free up capital and reduce the need for other forms of financing. Reach out to Daniel Macks to learn how STREAM Capital Partners, LLC can help make your next big deal a reality.

Thanks to all who joined us earlier this week for this month’s panel - Tales From The Search: Operator’s Table. Adriana Mu?oz, Kaustubh Deo, and Ryan Doyle carefully dissected the journey from searching for a business to running one. They didn’t hold back on sharing their real-world experiences — from the early challenges during the transition, to building confidence as owners. Here are some of our takeaways: 1. Asymmetrical information – prepare to not get the full picture 2. Models won’t be right – do your best to forecast and bring an umbrella just in case 3. Seller reliance is real – 20 years of industry experience is more expensive than you think Huge thanks to our panelists for pulling back the curtain on the ups, downs, and everything in between. And thank you to everyone who joined and made this event such a success! Special shoutout to our partners who make these events possible: Oberle Risk Strategies / August Felker First Internet Bank / Jared W Johnson Rejigg / Alex Hinch Appletree Business Services / Patrick Dichter STREAM Capital Partners, LLC / Daniel Macks

We can't wait for next week! Who's joining us?! ?? https://lu.ma/sfctales1024

Join us on the 15th for a deep dive into the beauty and the pain of life post-acquisition. Real life searchers who bought real life businesses will be sharing their real life experiences. No filters. Come for the real deal! https://lu.ma/sfctales1024 free searcher ticket w/ code OBERLE1024

??Partner Spotlight ?? We are thrilled to present Appletree Business Services for this month’s partner spotlight. For over 30 years, they have helped business owners solve financial challenges with a clear and practical approach. From LOI to exit, Appletree offers comprehensive services including QofE assessments, bookkeeping, payroll processing, and tax services to ensure financial accuracy and success every step of the way. They are dedicated to efficiency and client-first service. For Searchers, this partnership allows you to focus on scaling your businesses without worrying about tax liabilities or ways to maximize tax deductions. As a bonus, they also maintain complete transparency with upfront fees and regular reviews so there are no surprises down the road. Overall, if you wish to accelerate growth, maximize efficiency, and boost profitability for your small business, contact the team for a free consultation call, or reach out to Patrick Dichter to learn more!?

?? Bigger Searcher Deals = Bigger Creative Solutions ?? We had a great turnout at our September panel earlier this week! Thank you to the 120+ folks who joined us live, and a huge thank you to our amazing panlists Eli Albrecht, Shannon Jones, and Carlo Santelli for the incredible conversation. We really dove deep on this one, and there were some incredible insights shared. Here are a couple of our favorites: ?? Use IOI vs LOI Strategically: Eli gave the perfect breakdown on the differences between the two, stressing that pre-LOI relationships can make or break the deal. Although IOIs provide less exclusivity and no definite deal structure, they’re a great way to establish credibility. ????Embrace the Advisor Advantage: Larger deals bring more complexities which require specialized knowledge. Shannon stressed the importance of a strong advisor team—they can prevent steep broken deal fees and help navigate creative financing options. ?? Understand Seller Motivations: Approaching sellers with curiosity and empathy is crucial. Carlo noted that emotional attachment often influences sellers, particularly in larger legacy transactions. Understanding what they value beyond price can yield valuable insights. Thank you to our partners who make these events possible: Oberle Risk Strategies / August Felker First Internet Bank / Jared W Johnson Appletree Business Services / Patrick Dichter Aspen HR / Mark Sinatra Rapid Business Plans / Ross McClellan Rejigg / Alex Hinch