The $295m Search Fund Exit
Sandy Paige struggled to raise a search fund as a mid-career executive, then grew EBITDA by 7x and exited for 9 figures.
Topics in Sandy’s interview:
Delaying search due to timing
Hurdles he overcame to raise funds
Why he chose traditional search
How he got a good deal on purchase price
Renting space to animal research labs
Importance of hiring the right senior team
Similarities between his company and WeWork
Terrifying risks with the real estate dynamics
Advice for searchers over 40
Selling to competitor Charles River Laboratories
References and how to contact Sandy:
Explora Biolabs…
The skinny
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