Search Funds are the alternative to a start-up for entrepreneurial MBAs and experienced professionals with relevant management experience. We support entrepreneurs looking to find, invest, operate and accelerate the growth of great, lasting small- and medium-sized enterprises (SME).

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Since early 2017, we have invested in multiple Search Funds around the world. AIGlobal is one of the most active international Search Fund investors outside the United States.

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Our active operating companies are the following:

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Cohort 2017

Infonetica (United Kingdom) managed by RJ Capital Partners

Lanaccess (Spain | España) managed by Sachem Partners

Orotig (Italy | Italia) managed by Tre Cime Capital

Renovation Bern (Switzerland | Schweiz | Suisse | Svizzera) managed by Koru Nachfolge

Vozitel (Spain | España) managed by Syna Capital

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Cohort 2018

NortConsulting (Spain | España) managed by BOGO Inversión

IML (Spain | España) managed by Arista Partners

IPM (Mexico | México) managed by Gueca Capital 

Plásticos Arias (Spain | España) managed by Vigía Capital

Stoque (Brazil | Brasil) managed by Kinase Investments

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Cohort 2019

Cinergia (Spain | España) managed by Sotavento Capital

Kapalua (Spain | España) managed by Navega Capital

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Cohort 2020

Agger Sistemas (Brazil | Brasil) managed by Arco Capital

CarPro Systems (Europe | Europa) managed by Ibérica Partners

Falcon Security Hub (Ivory Coast | Côte d'Ivoire) managed by Africa Search Capital

Moneta Technologies (Mexico | México) managed by Kala Capital

MotionVFX (Poland | Polska) managed by Nextline

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Our active Search Funds are the following:

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Cohort 2020

302 Capital Partners (Canada)

Dymond Capital (United Kingdom)

Emptio Capital (Spain | España)

KCP Search Fund (Poland | Polska)

SDG Transmission (France)

Sillage Transmission (France)

Single Trail Capital (Australia)

SMGO Capital & Management (Czechia & Slovakia | Česko & Slovensko)

Somontano Capital (Spain | España)

Stability Capital (Poland | Polska)

Wahlers & Kabanov Unternehmensfortführung (Germany | Deutschland)

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Cohort 2021

Atlas Mittelstandsnachfolge (Germany | Deutschland)

Bay Street Capital (Canada)

Bitácora Capital Partners (Spain | España)

Bopp & Hahn Mittelstandspartner (Germany | Deutschland)

Bravo Capital Partners (Mexico | México)

Bridge Search Capital (Paraguay & Brazil | Paraguai & Brasil)

Everest Capital (United Kingdom)

Founder Legacy Partners (USA)

Giza Capital Partners (Egypt | مِصر‎)

Grit Capital (Brazil | Brasil)

Hive Capital (America)

Hudson Yards Capital (America)

Imagine+ Inversión (Spain | España)

Kaoba Capital (Colombia)

KSIP - Korea Search Investment Partners (South Korea | 대한민국)

Linden Equity Partners (Mexico)

Lionfield Capital (Hispanic)

Milestone Capital (Russia | Россия)

Nalim Capital Partners (Brazil | Brasil)

Oasis Capital Israel (Israel | יִשְׂרָאֵל‎)

Pontem Capital (Spain | España)

Quercus Transmission (France)

Smokestack (Czechia & Slovakia | Česko & Slovensko)

Springbrook Partners (America)

Viriato Capital (Spain & Portugal | España & Portugal)

Vitta Capital (Brazil | Brasil)

West 88 Partners (Canada)

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Cohort 2022

Greenstorm Capital (Australia)

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Our past Search Funds are the following:

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Cohort 2017

Infini Capital Partners (Colombia)

Koru Nachfolge (DACH)

RJ Capital Partners (United Kingdom)

Sachem Partners (Spain | España)

Syna Capital (Spain | España)

Tre Cime Capital (Italy | Italia)

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Cohort 2018

Albatros Equity (Spain | España)

Arista Partners (Spain | España)

BOGO Inversión (Spain | España)

Light Wave Capital (Brazil | Brasil)

Quantico Capital Partners (Argentina & Uruguay)

Vigía Capital (Spain | España)

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Cohort 2019

Ayerma Transmission (France)

Fritz & Sehr Mittelstandsnachfolge (Germany | Deutschland)

Navega Capital (Spain | España)

JBS Partners (Japan | 日本国)

Signatus Capital (Spain | España)

Sotavento Capital (Spain | España)

Vira Capital (Peru | Perú)​

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Cohort 2020

Africa Search Capital (West Africa | Afrique de l'Ouest)

Arco Capital (Brazil | Brasil)

Galanthus Partners (United Kingdom)

Ibérica Partners (Spain | España)

Saga Capital (Mexico | México)

Zen Capital Partners (Canada)

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Cohort 2021

Ducato Capital (Brazil | Brasil)

Steadfast Horizon (America)

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Search Funds Russia (Поисковые фонды в России)

In September 2019, we launched the initiative Search Funds Russia to bring the Search Fund model to the Russian market.

 

For more information, please, contact our local partner Dmitriy Goloshchapov ([email protected]) of First Russian Search Fund.

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Entrepreneurship through Acquisition (ETA) Programmes

Apart from partnering with entrepreneurs that choose the traditional search fund path, we also work together with a group of selected entrepreneurs from the following ETA programmes:

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SMEVentures (APAC)

Contact: Jake Nicholson (e-mail: [email protected])

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Past AIGlobal-backed entrepreneurs

Rob Gaunt (Australia)

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NCA

Contact: Christian Malek (e-mail: [email protected])

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Current AIGlobal-backed entrepreneurs

Erick Azen (Germany | Deutschland)

Mike Hindi (Switzerland | Suisse | Schweiz | Svizzera)

Rania Missoumi (United States)

Viktor Dimitrov (Hungary | Magyarország)

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Resources

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Research Centres

Stanford Graduate School of Business (GSB)

Center for Entrepreneurial Studies (CES)

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IESE Business School

Entrepreneurship and Innovation Center (EIC)

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Harvard Business School (HBS)

Rock Center for Entrepreneurship

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The University of Chicago Booth School of Business

Polsky Center for Entrepreneurship and Innovation

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Recommended Readings

Stanford CES, Search Fund Primer

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Stanford CES, Search Fund Study: Selected Observations

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IESE EIC, International Search Funds: Selected Observations

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Harvard Business Review, Why You Should Buy a Business (and How to Do It)