Industry Landscape

The search fund industry, a niche within private equity, is experiencing significant growth. Historically, it has delivered attractive returns (e.g., 35.1% IRR, 4.5x ROI), drawing more investors and entrepreneurs. Increased awareness and structured support from firms like Martell Capital Partners are driving its expansion. However, competition is rising, and economic shifts could impact acquisition opportunities and returns. The market continues to mature with increasing professionalization.