Search Funded: The ETA Podcast

22 Episodes
Subscribe

By: Nick Lall

Interviews with acquisition entrepreneurs and investors to distill the best practices for acquiring and operating established businesses.

Is Now The Time for EtA in Emerging Markets?
#1
05/08/2025

New SBA rules are making self-funded search tougher—especially for non-U.S. citizens. In this episode, we explore why it might be time to look abroad and my personal reflections after spending the past few months traveling through the Middle East and Southeast Asia. 


Link to INSEAD Emerging Markets Podcast. 


Episode 21 - Abhi Golhar, Meridian 84
#21
04/29/2025

 Abhi Golhar is an entrepreneur, private equity investor, and nationally recognized speaker specializing in business leadership, innovation strategy, and private markets investing. With a track record of founding, scaling, and exiting multiple companies across healthcare, education, and technology sectors, Abhi brings a deep understanding of operational excellence, M&A, and strategic growth execution.

He is the Managing Partner at Meridian 84, an investment platform focused on lower middle market acquisitions and roll-ups across healthcare, professional services, and automotive sectors. Abhi also leads capital formation initiatives and portfolio company operations, helping business owners and operators achieve transformative growth and s...


Episode 18 - LaSean Smith, CAGR Investments
10/25/2024

Lasean Smith is founder of CAGR Investments, a micro-PE firm that is part family office and part product studio.. Lasean holds a bachelor's in media and computer science from Southern Illinois University, a master's from Arizona State University, an MBA from Georgetown, and a professional screenwriting degree from UCLA. LaSean is also a veteran of the US Navy and has worked at Deloitte, Microsoft, Amazon, and Google, and while doing so deployed over $450 million deployed across corporate R&D, Lasean also holds several patents and has invested in over 12 companies himself at CAGR.

In this episode, we...


Episode 20 - Kevin Bibelhausen, Fruition Capital (and Heritage Fabrics)
#20
08/23/2024

Kevin Bibelhausen is an investor and business owner based in High Point, North Carolina. He frequently consults on digital strategy & operations, is a sought after conference speaker, frequent podcast guest and author. Kevin is passionate about professionalizing the "wild west" that was once SMB acquisitions. 

He has helped dozens of entrepreneurs find, finance and acquire small businesses and escape corporate America. Kevin received his MBA from the Fuqua School of Business at Duke University.

Link to his substack: https://bibelhausen.substack.com/

Interview starts at 9:08.


Episode 19 - Alison Anderson, Succession Matching
#19
05/15/2024


Episode 17 - Gabriel Chick, Service-Tech Corporation
#17
04/12/2024

Gabriel Chick is the President and CEO of Cleveland, Ohio-based HVAC and industrial cleaning services company Service Tech Corporation (STC). Prior to STC, Gabriel served over 4 years as a Field Artillery Officer in the US Army where he led and oversaw a 40+ personnel team. Gabriel is a co-founder of GT Entrepreneurs, which he helped create while enrolled at Carnegie Mellon University's Tepper Business School's full-time MBA program.




Episode 16 - Tom Gilroy, GKG Risk
#16
04/08/2024

In this episode, Tom Gilroy, representing the fourth generation at GKG Risk, shares invaluable insights into the critical role of insurance due diligence in the process of acquiring a business and often-overlooked aspects of insurance in ensuring the long-term success and stability of an acquisition.


Episode 15 - Saumil Jariwala, Feta Fund
#15
04/05/2024

Saumil Jariwala, of Feta Fund, (Founder-focused Entrepreneurship Through Acquisition) joins us on this episode to talk about his mission to  help one thousand entrepreneurs acquire businesses in his lifetime. 

We dive deep into the philosophy behind Feta Fund, highlighting its unique approach to specializing in providing support during the search phase of the EtA journey, as well as stories of EtA entrepreneurs Saumil has helped in their journey to make exceptional financial returns and change employee and customer lives.


Episode 14 - Javier Puig, Arada Capital Partners
#14
11/30/2023

Arada Capital Partners is a multidisciplinary team that invests in search funds across Europe.

Javier Puig, Partner at Arada Capital Partners, joined me to discuss Arada's value add and his journey launching a search fund investor after his MBA.


Episode 13 - Bakari Akil, Graves Hall Capital
#13
11/07/2023

In this episode, host Nick Lall interviews Bakari Akil, Managing Director of Graves Hall Capital. 

They discuss Bakari's unique path to becoming a successful acquisition entrepreneur, including his most recent acquisition of a $30 million burlap bag manufacturing company. 

Bakari also shares his experiences as a lecturer at Cornell and Columbia Business Schools, his founding of New York's largest private equity hedge fund group on meetup.com, and what led him to launch Nomad Noir, a community for black digital nomads. 

Bakari offers extremely valuable insights on leveraging unconventional routes in entrepreneurship and business acq...


Episode 12 - Jose Moreno, AIJ Holdings
#12
09/01/2023

AIJ Global (also known as AIJ Holdings, and formerly known as AI Global) is an international investment group with interests in multiple asset classes, including search funds, private equity, and startup ventures led by highly motivated and talented entrepreneurs.

They bring value by:

(1) Providing ongoing guidance to entrepreneurs,
(2) Working closely with their operating and managing partners through each phase of the project,
(3) Leveraging their global network of experts and collaborators.



Episode 11 - Rafael Dufour, Relais du Dirigeant
#11
08/09/2023

Rafael is a solo traditional searcher looking to acquire an SME in France. He has 11 years of purchasing, sales, business development, strategy, and general management experience in Manufacturing (Steel, Textile) and FMCG (Personal care, Hygiene) industries, and France, Spain, Morocco, China and Australia.

Over the past 8 years, Rafael has built a track record in managing crisis situations as well as organic growth strategies in privately held medium size companies (€20m to €90m of revenues) both as General Manager and Strategy & Business Development Director. 

Rafael is a CFA® Charterholder, he holds an MBA from IESE Business School...


Episode 10 - Round 2 with Ibrahim and Khaled of Moonbase Capital
#10
05/06/2023

Moonbase just raised $5M and Ibrahim and Khaled returned to discuss what they're seeing in the search fund ecosystem.


Episode 9 - Andrew Locke, co-founder of Ambit Partners
#9
03/21/2023

Ambit Partners is a dedicated Search Fund investor, enabling entrepreneurship through acquisition in traditional and developing markets. They combine a global investment mandate with deep SME transacting and operating experience - supporting a portfolio of exceptional entrepreneurs to find, buy, & build enduring businesses around the world.

Subscribe to Search Funded: the ETA Podcast on Spotify or Apple.

This episode originally appeared on the INSEAD Emerging Market Podcast.


Episode 8 - Pete Seligman, Australian search investor
#8
03/07/2023

Pete is a former acquisition entrepreneur himself who now backs  aspiring private business owners by co-investing in their businesses and coaching them to make real progress by: distilling the mission; articulating the strategy; building great teams; and then, designing pragmatic plans to put rubber on the road.

In this episode we discuss the Australian market for search funds and dive deep into how successful searchers navigate acquiring and operating businesses.

Subscribe to Search Funded: the ETA Podcast on Spotify or Apple.


Episode 7 - Dr. Newton Campos, Managing Partner of Newton Equity Partners
#7
03/05/2023

Dr. Campos is the Country Director of IE University in Brazil, Professor of Entrepreneurship at FGV EAESP, Visiting Professor at IE Business School (Spain) and ITA (Brazil) and Founder and Managing Partner of Newton Equity Partners, a company that invests in Small and Medium Enterprises (SMEs) via Search Funds worldwide.

Professionally, Newton's life is driven by reshaping Capitalism through entrepreneurship and technology, preparing leaders to thrive relentlessly in their quest to solve local and global business, environmental and social challenges.

Subscribe to Search Funded: the ETA Podcast on Spotify or Apple.


Episode 6 - Mitsuya Shimura, Founder and Managing Partner of M Capital
#6
02/10/2023

M Capital is the second traditional search fund ever in Japan, where Mitsuya is currently searching for a business to acquire.

Prior to launching his search fund, Mitsuya had an MBA from IE Business school and a Master's in Civil & Environmental Engineering at Waseda University and worked in sales in the construction industry in Japan.

Subscribe to Search Funded: the ETA Podcast on Spotify or Apple.


Episode 5 - Bruce Vann, CEO LuXout Products Incorporated
#5
02/09/2023

Bruce Vann is a self-funded searcher who has acquired 3 businesses since launching his search fund journey in 2019.

LuXout Products Inc. is a stage curtain company and he has vertically integrated it with subsequent acquisitions after first taking over in the middle of the COVID-19 pandemic in 2020.

In this episode Bruce talks about building an employee culture of ownership and excellence and the self-determination that entrepreneurship allows after getting fired from 3 jobs in 4 years.

Subscribe to Search Funded: the ETA Podcast on Spotify or Apple.


Episode 4 - Phil Desrochers, CEO of GLP Canada Ltd.
#4
02/01/2023

Philip Desrocher, along with his search partner Cameron Roblin, acquired GLP Canada (one of Canada's largest HVAC distributors) less than a year after launching their search fund in 2021. 


Episode 3 - Brenden Van Buren, Co-Founder of Generational Transfer Entrepreneurs and President of Pro Max Fence Systems
01/25/2023

Brenden is both a search fund entrepreneur, having acquired Pro Max Fence Systems in 2018, and a search fund investor as co-founder of Generational Transfer Entrepreneurs (GTE), which now has 5 acquisitions under its belt.

Founded in 2017, GT Entrepreneurs (GTE) is a private investment firm that leverages its vast search fund and executive-level expertise to help procure highly favorable outcomes for today's most talented aspiring CEOs. While they primarily look to partner with traditional searchers during their initial capital raise, they also provide gap investment capital to both traditional and self-funded searchers alike.

Subscribe to Search Funded...


Episode 2 - Ibrahim and Khaled Abdel Rahim of Moonbase Capital
#2
11/14/2022

Moonbase Capital is a search fund investment group that invests in and provides hands on support to search fund entrepreneurs in Spain, France, and Italy.

Their model is differentiated by providing their entrepreneurs with an advisory board of business operators, consultants, CEOs, and CFOs.

Subscribe to Search Funded: the ETA Podcast on Spotify or Apple.


Episode 1 - Dustin Johnson of Viva Partners
#1
09/08/2022

Viva Partners is a mission-driven search fund with long term ownership goals. 

The firm is managed by a husband and wife team with a combined experience of +25 years in consulting, startups, investment banking, and private equity. 

Subscribe to Search Funded: the ETA Podcast on Spotify or Apple.