Time is your most valuable asset when searching for a business to acquire. Unfortunately, it also becomes scarce when launching and managing a search company. A111 clears the path for search operators to focus on their number one priority: finding a good company and completing a good acquisition.
Searches often fail before they get started. Setting up entities, raising capital, and developing a search strategy are just a few of the milestones you must address before even getting to the starting line.
After search funds are raised and a company is formed, searchers often struggle to know how to source and execute an acquisition. Months are spent evaluating software, databases, and other tools needed to establish efficient search operations.
Like any other business, search companies need to manage Finance, HR, Marketing, Investor Communications, Technology, and other functions. Many search operators take on all of these roles themselves. Wearing so many hats puts constraints on the amount of time searchers can commit to fulfilling the purpose of the endeavor: finding and completing an acquisition.
A111 clears the path to enable a fast launch. This allows searchers to spend much more time preparing for their search and ramping into their search cadence.
Among other pre-launch activities, A111 streamlines search company formation and raises search funding for search operators.
The most important use of a searcher's time is meeting with prospective sellers. A111 removes many general management activities from searchers' plates, enabling search operators to significantly increase the amount of time they spend searching.
Some operational services provided by A111 include,
• Financial management,
• HR management (hiring and managing interns/staff),
• Marketing management, and
• Technology management.
In traditional ETA models, searchers can spend a lot of time communicating with many different investors who are not close enough to the search process to create value for the search operator. Access to mentors and coaches can be limited and intermittent. A111 advisors stay close to the search process, reducing the effort needed to share extensive updates with many different parties. Our teams have regularly scheduled meetings with A111 management to monitor progress and strategize on search approaches.
Some areas where A111 supports successful ETA include,
• Participating in the search,
• Augmenting deal flow through our network of intermediaries,
• Supporting deal screening and vetting,
• Attending key meetings and presentations,
• Overseeing the transaction process and negotiations, and
• Supporting the capital raise and deal management with a network of debt and equity investors as well as service providers.