#241: Tim Ludwig - Partner @ Majority Search - A Deep Dive on Search Funding

Tim is a Partner at Majority Search, a private equity firm focused on helping top mid-career professionals pursue entrepreneurship through acquisition (EtA). He is a veteran search fund investor who has backed over 80 search funds and first-time CEOs since 2007 and purchased three companies directly. Before Tim began investing in search funds, he was an executive at a diversified real estate company, consulted with Arthur Andersen and a middle-market manufacturing company, founded two online publishing companies, and held positions with Dell and a venture-backed start-up. Tim graduated from The College of Wooster, received his MBA from the University of Michigan, and lives in San Diego with his wife and two teenage children.

On this episode, Chris and Tim discuss:

A deep dive into the search fund industry and how it’s matured over time.
What Tim has learned from interviewing 100’s of CEO’s.
How Majority Search structures deals that align incentives.
Lessons from valuing 1000’s of small businesses.

Follow Chris on Twitter: https://www.Twitter.com/FortWorthChris
Follow Chris on LinkedIn: https://www.linkedin.com/in/chrispowersjr/
Learn more about Chris Powers & Fort Capital: https://www.FortCapitalLP.com
Follow Fort Capital on LinkedIn: https://www.linkedin.com/company/fort-capital/

Majority Search: https://www.majoritysearch.com/
Tim on Twitter: https://twitter.com/tsludwig
SearchFunder.com: https://www.searchfunder.com/
Who by Geoff Smart: https://amzn.to/3x0vQmD
The Threat of a Reference Check: https://bit.ly/3ARu9sH

Listen & Subscribe on Spotify: https://open.spotify.com/show/7oIeNSaSJ4zkTQOXiedyOr?si=dEM48cSPQ9OIQ1HiD8sjrg

Listen & Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-fort-with-chris-powers/id1410549811