Publikacja:

Search Funds Characteristics of a New Group of Investors in Poland for Family Businesses Facing the Lack of Succession

Data

2022
Artykuł
 
cris.legacyid7091
cris.virtual.journalance#PLACEHOLDER_PARENT_METADATA_VALUE#
cris.virtualsource.journalancedc92c553-0411-4522-97d5-b7ef33169392
dc.abstract.plPurpose: To analyze search funds as a new group of investment vehicles in Poland that constitutes a group of potential investors for family companies facing the lack of succession. Methodology: The theoretical part presents family businesses, considers the problem of succession in Poland, and analyzes the literature on available forms of divestment of a family business owner. Moreover, the article presents the roots of search funds creation and their characteristics, which reveals these investment vehicles as theoretically perfect for family businesses without successors. The empirical part presents a study into the sale of a Polish family business to a search fund, which was the first and only search fund deal in Poland until the end of 2020. Findings: The study revealed that the sale of a family business to a search fund should be included in the catalog of possible forms of divestment of a family business owner facing the lack of successors. Originality: The article fills a gap in the literature on family entrepreneurship in the context of selling a business to a search fund in Poland, which has not yet been indicated as one of the methods for owners to exit a business.
dc.contributor.affiliationWarsaw School of Economics
dc.contributor.authorMateusz Biegajło
dc.date.accessioned2025-07-25T16:03:20Z
dc.date.available2025-07-25T16:03:20Z
dc.date.issued2022
dc.date.published2022
dc.description.issue4
dc.description.physical27-52
dc.description.volume30
dc.identifier.doi10.7206/cemj.2658-0845.89
dc.identifier.issn2658-0845
dc.identifier.urihttps://repozytorium.kozminski.edu.pl/handle/item/1716
dc.languageen
dc.relation.ispartofCentral European Management Journal
dc.relation.pages27-52
dc.rightsCC-BY-4.0
dc.subjectsearch fund
dc.subjectfamily business
dc.subjectsuccession
dc.subtypeOriginal
dc.title

Search Funds Characteristics of a New Group of Investors in Poland for Family Businesses Facing the Lack of Succession

dc.typeArticle
dspace.entity.typePublication