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Search Funds knowledge portal

What to look for in a Searcher

Fundamentals of a Search Fund | A practical and personal guide to the traits that matter across the Search Fund journey There are many compelling reasons to become a searcher. You want to lead a company. You believe in entrepreneurship, but prefer acquiring a solid business over…

Search Funds knowledge portal

Search Fund Primer

Fundamentals of a Search Fund | For those contemplating either pursuing a search fund or investing in one, Center for Entrepreneurial Studies has created a practical guide to answer the most frequently asked questions. The primer aims to provide an unbiased view of the…

Search Funds knowledge portal

2024 Search Fund Study: Selected Observations

Fundamentals of a Search Fund | The 2024 Search Fund Study reports on the financial returns and key qualities of search funds formed in the United States and Canada since 1984. Download the 2024 Search Fund study below. Download…

Search Funds knowledge portal

How are Search Funds Different from Private Equity?

Fundamentals of a Search Fund | This article will explore the key differences between Private Equity (PE) and Search Funds. By PE, we refer to everything from large-cap funds (e.g., Blackstone, Carlyle, KKR) to small-cap funds making equity investments as low as €2-3 million. At first glance,…

Search Funds knowledge portal

A Guide to writing your Search Fund PPM

Fundamentals of a Search Fund | Why the Private Placement Memorandum is the cornerstone of your search fund journeyFor aspiring search fund entrepreneurs, the Private Placement Memorandum (PPM) is one of the first formal outputs of the search journey—and perhaps the most important in the early stages.

Search Funds knowledge portal

What is a Search Fund?

Fundamentals of a Search Fund | A Search Fund is an investment vehicle that enables one or two entrepreneurs to search for, acquire, and operate one private, profitable small-to-medium sized business (SME). TerminologyAs with most asset classes in finance, it is important to clarify some jargon to avoid…

News

Stek welcomes Mirre Schager and Anne van Geen

We are delighted to welcome two new colleagues to Stek. Mirre Schager has joined as an associate (not admitted to the Bar) in our Regulatory practice. She advises and litigates in the areas of sector-specific (energy) regulation, administrative and environmental law, and EU law, and is part of Stek’s…

News

Meet us at IBA 2025

Jasper Stek, Jeroen Timmermans, Claudia Beele and Rim Roomberg will represent Stek at the Annual Conference of the International Bar Association (IBA) in Toronto, Canada, from 2 – 7 November 2025. We are looking forward to reconnecting with our colleagues and…

News

Energiewet 2026 – A webinar on opportunities and implications for the energy market

Starting in 2026, the new Energiewet will come into force step by step. It marks the biggest change in Dutch energy legislation since 1998. The Act aims to accelerate the transition to renewable energy and promote smarter use of the congested electricity grid. For businesses, this raises important questions: will…

Publication

The Dutch law on prohibitions on pledge restrictions: some practical considerations

FIP 2025/195 – In this contribution, Merijn Batteram and Kelly Visser-Van der Vooren examine the Act on the Abolition of Pledge Prohibitions (Wet opheffing verpandingsverboden) from a practical perspective. The authors specifically address its meaning and implications for financiers and enterprises in the context of (syndicated) financings, including borrowing base…

News

New Management Team at Stek: A broad perspective for a sustainable future

Twenty years after our founding, Stek is taking a new direction. As of October 2025, our management team will take on a broader formation. Day-to-day leadership will be in the hands of Bernadette van den Broek and Herman Wamelink, combining legal expertise with firm-wide organizational experience. Bernadette has a background…