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Top California Search Funds

Explore 277 California Search Funds that source acquisition and investment opportunities on Axial’s M&A platform.

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California Search Funds

277

Active Firms

3,325

TTM Deal Inquiries

$3M-$13M

Core Revenue Range

$700K-$3M

Core EBITDA Range


Industrials 44%
Technology 13%
Business Services 11%
Healthcare 8%
Consumer Goods 7%

Focus: Acquiring One Business | Capital Source: Investor-Backed or Self-Funded | Operating Approach: Stewardship & Growth

Showing 181-200 of 277 Search Funds

Sorted by recent activity

Grayvest Holdings partners with business owners seeking a permanent home for their life's work. Unlike traditional private equity, we acquire businesses to hold indefinitely, allowing management teams to operate with a long-term perspective.Our industry-agnostic approach means we evaluate opportunities based on fundamental business quality, not sector trends. We seek companies with durable competitive advantages and committed leadership teams.

Recent Transactions

This member has no reported closed transactions.

As a seasoned investor/investment banker, I launched MICHI Funds last year to focus on searching and investing in high quality businesses that can sustainably create customer value and enhance ROIC. As a family office / independent sponsor, I am actively evaluating the current lay of the land in lower & middle market businesses where I can potentially takeover the management baton to further enhance customer/shareholder value over time.

Recent Transactions

This member has no reported closed transactions.

Upper Valley Partners is a search fund, an entrepreneurial investment partnership formed to identify, acquire, operate, and grow a single business in the United States. We’re different from traditional investors; while we have the backing of institutions, Upper Valley Partners is founded and led by entrepreneur Ray Rudianto. Ray brings with him unique experiences from growing up around family business, practical skills from the foundational business training he’s received (ex-Bain, operating experience at fintech, HBS), and most importantly differentiated perspectives on leadership…

Recent Transactions

This member has no reported closed transactions.

Former Chief of Staff to the CEO at Hinge Health, where I helped scale the company from ~250 employees through its IPO and led all 3 acquisitions (plus diligence on 20+). Strong operator with a finance backbone: Goldman Sachs investment banking + Stanford MBA.Now deploying personal IPO capital to acquire and operate a business generating $500K–$2M of EBITDA.

Recent Transactions

This member has no reported closed transactions.

Successful operator, built profitable company from 0-$550m revenue in 3 years. Running a search fun process following a successful exit. Self funded with access to significant investment capital if needed

Recent Transactions

This member has no reported closed transactions.

Aveon Capital specializes in acquiring businesses in the finance and accounting sector. We target businesses with valuations between $1 million and $5 million that are US based, turnkey, and have a stable revenue stream and solid reputation. We source deals through our personal & professional networks, local business centers, and direct outreach to existing business owners. We are targeting businesses in the fragmented section of the market where there are no/few dominant players. Utilizing a roll-up merger strategy will allow us to gain market share through the consolidation of like…

Recent Transactions

This member has no reported closed transactions.

Stop Browsing. Start Transacting.

Join 20,000+ members who source deals, connect with counterparties, and close transactions on Axial.
We are a partnership between a passionate entrepreneur and experienced investors. Our goal is to acquire and operate a profitable business and continue its seller’s legacy. Looking to exit your business, but want to make sure your company’s mission and people are taken care of?Our Commitment to YouDEDICATION + RELIABILITYWe are 100% committed to growing your company and preserving your legacy for the long haul. We are dedicated to putting the needs of your customers and employees first. Our operating partner will move to your city and dedicate all her energy to your business. TRUST +…

Recent Transactions

This member has no reported closed transactions.

We are Pioneer Acquisition Group, a traditional search fund co-led by me (MBA, former CFO/Executive Director, and private placement expert with DNA Capital) and David Yepez (CFA, CAIA, and former Portfolio Manager).We aim to deliver 35%+ IRR and 5x+ MOIC. We’re targeting established companies in the SaaS, Healthcare, and Chemical sectors with substantial recurring revenue, free cash flow, and opportunities for AI-driven optimization. 

Recent Transactions

This member has no reported closed transactions.

Looking to acquire business with annual EBITDA 600-800K

Recent Transactions

This member has no reported closed transactions.

I started my career in private equity and, after getting my MBA at Stanford, pursued a self funded search fund and acquired a mental health clinic in Seattle (100% cash upfront) that I operated for a few years. I'm now based in San Francisco and looking to it again.

Recent Transactions

This member has no reported closed transactions.

Thomas Street Partners is an entrepreneurial investment firm created for the sole purpose of acquiring and operating privately held businesses.

Recent Transactions

This member has no reported closed transactions.

Kola Capital Partners LLC (“Kola”) is a private investment partnership (search fund) focused on identifying, acquiring and operating a single business. The firm is funded by a talented group of experienced investors, former CEOs, entrepreneurs and current operators. After purchasing a business, David Obia, the firm’s founder and managing principal, will assume leadership and day-to-day management responsibilities of the acquired company. We will consider investments with the following characteristics:Stable, recurring revenue (Annual revenue of $5 to $50m) Strong margins/cash flow…

Recent Transactions

This member has no reported closed transactions.

Bushrod Partners is a private investment firm focused on small to medium-sized acquisitions. We partner with exceptional companies seeking the next stage of growth. Post-acquisition, we work closely with our portfolio companies to drive measurable value for all stakeholders. 

Recent Transactions

This member has no reported closed transactions.

At Bhatti Inc our portfolio centers around medical billing & DME businesses. We are now looking for further opportunities in this space to acquire more related businesses in our portfolio. We are looking for businesses where we can install an operator to help facilitate and run the business

Recent Transactions

This member has no reported closed transactions.

Chapter House Capital is a privately held investment fund uniquely committed to acquiring and growing a single company.You’ve built an exceptional business. You care deeply about how the next leader upholds the quality of your brand and treats your employees, customers, and suppliers. We are focused on acquiring, growing, and actively managing your company for the long term. Let’s talk.

Recent Transactions

This member has no reported closed transactions.

Jessica is the founder and managing director of Steadfeather Capital (www.steadfeather.com). Steadfeather is a single-acquisition fund offering business owners the opportunity to exit on attractive financial terms with a stable succession plan to preserve their legacy. Post-acquisition, Jessica will assume the role of CEO, with the objectives of maintaining business continuity while driving long-term value creation. Steadfeather is focused on privately held, US-based, B2B services businesses ($5-50M revenue / $2-10M EBITDA) or SaaS businesses ($3-5M in ARR). Jessica's professional experience…

Recent Transactions

This member has no reported closed transactions.

We are a search fund that consists of an ex-investment banker (Citi, Jeffries) and technology executives (Salesforce, Standard AI, IMO). We are looking to acquire and operate a small business for an indefinite period of time. We are generally looking at SMBs in the B2B space based on the West Coast of the U.S. Additional criteria include a minimum of 10 years of solid profits with a diversified base of repeat customers, a simple ownership structure (1-2 owners), sellers looking to retire, and operations in an industry that is unlikely to be disrupted by big tech. 

Recent Transactions

This member has no reported closed transactions.

STEWARDSHIPTO WITHSTAND ALL WEATHERSilver Cove Capital is looking to acquire and operate a small or medium-sized business in the greater Los Angeles area.

Recent Transactions

This member has no reported closed transactions.

Currently seeking acquisitions of $1-5M EV with $1-20M revenue.Focused on established, essential-services B2B companies with recurring / repeat demand, low tech disruption risk, and strong barriers to entry. Examples of categories we are interested in:• Water filtration / softening installation & monitoring• Commercial janitorial & cleaning service companies• Portable restroom rental operators• Backup generator service / maintenance / rental providers• Niche facility maintenance (e.g. pools, hotel drapery, commercial upholstery)• Cold storage / refrigeration service &…

Recent Transactions

This member has no reported closed transactions.

Stackallan Partners is a self-funded search firm founded by Patrick McGonagle with the purpose of acquiring one business in Northern California. Patrick has spent the past decade in the energy industry identifying opportunities for growth then leading teams to achieve it. His goal now is to operate a small business and ensure continued success through its next phase of life. Patrick is a Bay Area local currently living in San Francisco and willing to relocate to manage the business full time. Alongside a team of experienced advisors, he can move quickly to finalize a deal.

Recent Transactions

This member has no reported closed transactions.


Frequently Asked Questions

How are Search Funds in this directory ordered?

Firms in the California Search Funds directory are ordered based on recent deal activity on Axial. The default order reflects observed market signals rather than a subjective ranking of firm quality.

What information is included in each Search Fund profile?

Each profile provides information about the firm’s areas of focus, transaction criteria, and relevant activity on Axial’s M&A platform. Together, these details provide a clearer view of where a firm is active and the types of companies and opportunities most relevant for it.

What company sizes are most common for California Search Funds?

Based on activity on Axial’s M&A platform, the core revenue range for California Search Funds is $3M-$13M, with a core EBITDA range of $700K-$3M. Company size can be an important indicator of fit, as firms often concentrate their experience, resources, and transaction activity within particular segments of the market.

How important is location when evaluating Search Funds?

Location can be an important consideration, but it does not necessarily define where a firm is active. Firms based in California may bring regional knowledge, local relationships, and experience with businesses in the area, while many also pursue opportunities across a broader geographic footprint. Geography is best considered alongside sector focus, company size, and relevant transaction activity.

Do all Search Funds in this directory operate exclusively in California?

Not necessarily. A firm’s location does not always define its geographic reach. Many Search Funds based in California are active across multiple regions, while firms based elsewhere may also participate in the California market. Location can provide useful context, but it should not be interpreted as a firm’s geographic boundary.

How do I compare Search Funds in California?

When comparing Search Funds in California, consider factors such as sector focus, size range, and recent transaction activity. These characteristics vary across the 277 firms included in the directory and can help identify firms that align with your needs.

How do I connect with California Search Funds?

Axial can help you identify and connect with firms based on your objectives and what you are looking to accomplish. The process varies depending on your role and transaction needs. If you are interested in connecting with firms in the California Search Funds directory, you can request information here.


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