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Unit 5, 110 Hay Street Subiaco WA 6008

Second Squared

We champion Search Funds in Australia.

We actively work with Searchers, investors, business owners and industry to create and nurture an eco-system in which Search Funds thrive.

We invest behind “talented-entrepreneurs” to find, buy and grow an existing business that is ready to be taken to the next level.


Do you have what it takes to be a Searcher? We work…


Are you an investor? We believe in backing the person first. The…

Business Owners

Are you a business owner? Despite a desire to exit in the…

The search fund concept

A search fund is an investment vehicle, which allows aspiring entrepreneurs the opportunity to search for, acquire, manage and grow a company. The search fund concept originated in 1984 in the US and has become increasingly well known among business schools and private investors.

Australian Searchers

Entrepreneurship is not just about startups, or developing the next best app or product. It’s also about growing value by thinking differently in any business, including one that you buy to build.

In Australia there is a unique opportunity with the estimated market value of businesses with baby-boomer owners that will need to change hands in the decade is ~$3.5 trillion. This is a massive shift in control and value which will impact the prosperity of the Australian economy (Dr Richard Schrapnel, Pitcher Partners 2014).

For many of these businesses, the ideal purchaser is a talented entrepreneur who can take them to the next level, maintain legacy, and grow value.

+75% of Australian SME and family businesses have no succession plan. Leaving an estimated $3.5 trillion gap in the market (Source: 2014 Swinburne University)

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