Acquiring, Operating & Preserving SME Legacy in China.
Our Approach
We are the First Search Fund in China backed by over 14 world-class institutional and private investors,
looking for ONE enduring business legacy in China to buy, build and grow.
We focus on preserving and sustainably growing your legacy,
ensuring continuity for your employees, stakeholders and your brand.
Our Difference
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We are not a Private Equity firm with lots of portfolios. We are dedicated to put all our efforts on ONE business, with full time CEO and active daily operation.
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We are believer of long-term holds. With long term capital backed, we are not eager to exit, instead, we keen to accompany your legacy to stay to its mission.
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We can offer you a simple full exit and/or have you stay on board as a co-investor, and accompany us in our journey.
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We aim to take care of your employees, suppliers, and customers, preserve your brand, culture and treat it like own kid.
Investment Criteria
Industry
High organic growth potential > 10%
Fragmented large market
Low risk of technological obsolescence
Financial
Annual EBITDA > $1.0 million
EBITDA Margin > 15%
Cash Flow Positive for 3 years
Business
Contractual Recurring Revenue > 70%
Low customer concentration and churn rate
Light Asset
Personal
Majority Controlled > 70%
Motivated sellers
Meet Our Team
Snow has over 6 years of experience in KPMG, Asset Management companies and family business, covering broad sectors such as financial services, healthcare, advertising and manufacturing industries, accumulated expertise in deal valuation, debt financing, credit assessing and operating.
Snow originated from Wenzhou, China. She comes from a family of entreprenuers. Influenced by her pragmatic, down-to-earth, entrepreneurial father, she is dedicated to go for Search and entrepreneurial paths for decades. She is founder of ReBox, alumni of Enactus, and member of Zhejiang Chamber of Commerce.
Snow holds Advance Management degree from Yale School of Management in USA, MBA degree from Fudan University and BSc in Management from NAU in China.
Credible Institutional and Private Investors
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Ambit Partners
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Cabiedes Partners
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Vonzeo Capital
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3E Capital
First Search Fund Institution Investor in China
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Richmond View Ventures
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Yao WenPing
Global Partner of Fosun Group, Chairman of Fintech Group
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Yao Zhiyong
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Lin Zhongyao
Serial Entrepreneur, VP of Nanjing Wenzhou Chamber of Commerce
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Will Thorndike
Managing Partner of Housatonic Partners
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Gideon Wilk
HBS Alumni, CFO of ezTaxreturn
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Frederik Fleck
Serial Entrepreneur, Angel Investor in Portugal
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Pete Seligman
Australian Search Investor and Organizer of APAC EtA Forum
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Rafael & Felipe Ruiz
Ruiz Family Office Spain
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Andrew Freiman
Investor of Cromwellharbor
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Su YiZheng
Entrepreneur in Hangzhou, CN