Pioneer Capital
We specialise in providing funding for successful individuals
who wish to complete a management buy-in and need support whilst
they are searching for and negotiating an acquisition.
We do this by establishing individual search funds - a proven
two-stage model for private equity investment. In the first stage,
a group of professional investors back an entrepreneur to search
for a target company to acquire. In the second stage, upon completing
the acquisition, the entrepreneur becomes the CEO of the company.
The objective is to place an excellent, motivated entrepreneur
in an attractively valued company and fully align their interests
with those of investors.
We back entrepreneurs who are capable of completing acquisitions
in the £5-£100m range, using private individuals to fund deals
at the smaller end and private equity funds for larger transactions.
Target companies will typically have sustainable market positions,
histories of stable cash flows and long-term opportunities for
improvement and growth. The search fund model is particularly suited
to buy and build strategies in fragmented sectors.
Our search funds aim to provide owners and managers attractive
liquidity options, growth capital and managerial resources, through
a change in ownership structure, while ensuring the company's legacy.
Our search funds provide financial support, advice and contacts
to allow entrepreneurs to exclusively focus on the process of buying
an independent company. We work closely with the entrepreneurs
and investors in the search funds to ensure effective acquisition
strategies, search techniques, management disciplines, financial
strategies, and a breadth of other activities that are crucial
to the success of the search process and the ultimate management
and development of the acquired companies.
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