Insights & Research

Search Fund Intelligence

Practical analysis from real operators—grounded in the latest academic research and frontline deal experience across Spain and the US.

Search Funds · Spain

Search Funds in Spain: A Practical Guide for Entrepreneurs

Why Spain has become one of Europe's most active search fund markets, and what operators need to know before launching.

Succession · Strategy

Winning Seller Trust in Spanish Business Succession

In a market where 85% of companies are family-owned and many lack succession plans, trust is the real currency of deal-making.

Due Diligence · Financial

Working Capital Traps Every Search Fund CEO Should Know

The due diligence blind spots that turn promising acquisitions into cash-flow nightmares. A practical framework from the operator's chair.

Deal Structure · Finance

Seller Notes and Earn-Outs: When to Use Each in a Search Fund Acquisition

A structuring guide for bridging valuation gaps, aligning incentives, and closing deals that work for everyone.

Operations · Leadership

The First 100 Days: An Operator's Playbook After Acquisition

How to build trust, establish operational cadence, and avoid the pitfalls that derail new CEOs in their critical opening months.

Financing · Spain

Bank Financing for SME Acquisitions in Spain: What Credit Committees Want

Navigate Spain's bank lending landscape for search fund deals—from SPV structures and financial assistance rules to credit committee expectations.