Started as SBA Searcher, Built to a PE Fund

High amount of trust. This guy's super sharp. His background is in corporate finance, so that's a background I don't have.

The other one was my partner in, in the manufacturing company, so we'd been working together. Super impressive guy. He did primarily real estate development prior to this.

Wow. How about that? Sellers.

So that was kind of the beginning of it. Bo and I. Who's the hostage guy? The cop? Real estate development.

He owned a construction company. Met through a mastermind that we were both part of, that we'd both been part of since 2019. And as when he and I decided, kind of looked at each other and said it's time I kind of, we, we try to do it first, just the three of us.

And had some glaring gaps in our capabilities very early on. One of them was the, the capital raising side. And serendipitously there was another member of our mastermind group that was, had been doing investor relations and capital raising and private equity for 10 years prior.

And at an event I was telling him what we were doing and he was sort of thinking about making a change too and just the timing really worked out there. And the same thing happened with Paresh, who was a physician, longtime physician, Cleveland Clinic. Ended up getting into a gastro practice that did go through that private equity, traditional private equity roll up model bought by Apollo and then…

He was the president of that group. So he had done a kind of big boy M and A stuff. He was getting out of that and going to acquire his own small business.

So we were just collaborating, helping each other out. And at some point we just said let's just do this together. So that's how the five of us came together.

I would say the skill sets that we each bring are unique. For sure. There's a little bit of overlap, but for the most part we've got pretty clear roles. And then the time that we have spent making sure we are aligned on direction, vision, culture, values, our operating agreement, it's, it's crazy.

Super important. Glad we've done it. But we always check ourselves and make sure everything's feeling good in the right direction. Economics in a small 25 million dollar fund like you said, aren't life changing for any one of us. But the vision's bigger than just the fund one.