Blog

The Search Fund Blog

More than 60 essays on the search itself, the fundamentals, raising capital, deal mechanics and the ANZ market. Drawn from thousands of deals reviewed and a decade inside the model.
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Podcast: Formeds: Waldemar Pilch
Search Process

Podcast: Formeds: Waldemar Pilch

Jake Nicholson
·
June 30, 2026
Why 43% of Searchers Never Acquire a Business
Search Process

Why 43% of Searchers Never Acquire a Business

Sawyer Tadano
·
June 29, 2026
How Working Capital Works (And Why It Matters More Than You Think)
Deal Mechanics

How Working Capital Works (And Why It Matters More Than You Think)

Jake Nicholson
·
May 29, 2026
Podcast: TWS & WF Energy Controls: Jason Hew
Search Process

Podcast: TWS & WF Energy Controls: Jason Hew

Jake Nicholson
·
April 29, 2026
Why Hockey Sticks Break
Fundamentals

Why Hockey Sticks Break

Sawyer Tadano
·
April 29, 2026
How to Sequence Your Search Raise Investor Conversations
Raising Capital

How to Sequence Your Search Raise Investor Conversations

Jake Nicholson
·
March 31, 2026
Buy vs. Build: Which Kind of Entrepreneur Are You?
Fundamentals

Buy vs. Build: Which Kind of Entrepreneur Are You?

Sawyer Tadano
·
February 25, 2026
Podcast: BNI & Griswold Home Care: Graham Weihmiller
Search Process

Podcast: BNI & Griswold Home Care: Graham Weihmiller

Jake Nicholson
·
February 17, 2026
The Macro Case for ETA in ANZ: What 3 Charts Tell Us About the Next Decade
Market Landscape

The Macro Case for ETA in ANZ: What 3 Charts Tell Us About the Next Decade

Sawyer Tadano
·
January 27, 2026
Podcast: Khaokho Talaypu & KT Chan
Search Process

Podcast: Khaokho Talaypu & KT Chan

Jake Nicholson
·
January 12, 2026
The capital flywheel: how competition in Aussie banking is fuelling ETA
Deal Mechanics

The capital flywheel: how competition in Aussie banking is fuelling ETA

Jake Nicholson
·
December 3, 2025
The Emerging ANZ Search Fund Opportunity
Market Landscape

The Emerging ANZ Search Fund Opportunity

Sawyer Tadano
·
October 30, 2025
Podcast: Water Direct: Adam Johnson
Search Process

Podcast: Water Direct: Adam Johnson

Jake Nicholson
·
July 1, 2025
Investors Don't Want a Bored (or Broke) CEO
Raising Capital

Investors Don't Want a Bored (or Broke) CEO

Jake Nicholson
·
May 29, 2025
How red is the flag on a very young target company?
Fundamentals

How red is the flag on a very young target company?

Jake Nicholson
·
April 28, 2025
Podcast: SEYSES: George Berczely
Search Process

Podcast: SEYSES: George Berczely

Jake Nicholson
·
April 15, 2025
The Two-Year "Interview": Turning Search Fund Investors into Your Biggest Champions
Raising Capital

The Two-Year "Interview": Turning Search Fund Investors into Your Biggest Champions

Jake Nicholson
·
March 20, 2025
Do You Need to be a Zookeeper to Buy a Zoo? (The Importance of Industry Experience in Search Funds)
Fundamentals

Do You Need to be a Zookeeper to Buy a Zoo? (The Importance of Industry Experience in Search Funds)

Jake Nicholson
·
February 20, 2025
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Podcast

The Search Fund Podcast

All episodes →
Jason Hew

TWS & WF Energy Controls: Jason Hew

Episode
17
·
45:00
Graham Weihmiller

BNI & Griswold Home Care: Graham Weihmiller

Episode
16
·
56:01
Adam Johnson

Water Direct: Adam Johnson

Episode
15
·
53:06

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