OutSearched

Built for sponsors competing against private equity.

Private equity firms employ teams dedicated to proprietary outbound. In order to compete, you need an edge. We are that edge.

Deal-by-deal economics demand off-market sourcing.

Independent sponsors do not have the cushion of committed capital. You win on entry multiple. The deals that find you through banker channels are the ones you cannot afford to bid on.

Auction-bid deals don't pencil.

By the time a banker takes a deal to market, the multiple is set by competition. Committed-capital buyers can stretch on price. You cannot.

Your network has a ceiling.

Sourcing through warm intros and conferences is real, but it caps out. You see the same deals other sponsors see, on the same timelines.

LPs expect a thesis they could not have sourced themselves.

What capital is paying for is access and conviction. Generic brokered flow is not differentiation. Off-market flow against a sharp thesis is.

You cannot scale outreach while also closing deals.

The hours that go into consistent direct-to-owner outreach are the same hours you need for diligence, structuring, and LP conversations. Something gives.

If banker-led processes are pricing you out, let’s talk through a proprietary sourcing strategy.

Platform mandates and add-on mandates, sized to sponsor economics.

We source platforms at the size most independent sponsors actually transact at, and add-ons sized for the bolt-on strategies that drive returns post-close. Every mandate is built around your sector thesis and the principal’s edge.

$2M to $5M

Target EBITDA

Founder-led businesses you can take to LPs as a defensible thesis. Sourced direct-to-owner, before a banker has a teaser in market.

$500K to $1M

Target EBITDA

Bolt-ons that compound the platform thesis. Sized to fit the platform’s integration capacity and the deal team’s bandwidth.

Every mandate is built around the specifics of your buybox.

Geography

Single market, regional, or national. Mapped to where you want to operate, not where deals happen to be.

Service Lines

Sourced by specific service offering within an industry, not just sector codes. A multi-service business gets evaluated on the lines that matter to your thesis.

Management Layers

Founder-led, owner-operator, or management-team-in-place. We qualify by the ownership structure that fits the transition you want to underwrite.

We can help you source opportunities that support a sharper LP conversation.

Run us as your external sourcing arm, or embed us inside your firm.

Most independent sponsors run Fractional. It is the natural fit when the deal team is the principal and a small bench. Internal BD is for the established sponsors who want a named, white-labeled function under their fund’s brand.

Model 01

Fractional Business Development

Elite origination capability under our brand, run as a confidential outside team. Scaled, multichannel proprietary outbound at the output of an institutional BD function.

Best for principals and small teams who want institutional sourcing output without expanding headcount.
Model 02

Internal Business Development

A trained, managed business development function placed inside your organization. Branded as your firm in all outreach. Integrated with your CRM and process.

Best for established sponsors who want a named internal BD function carrying their fund’s brand into the market.

Let’s decide whether your search needs Internal BD, Fractional BD, or advisory support.

Built for LP-presentable deal flow.

Independent sponsors do not just need to find a deal. They need to find a deal LPs will back. That means proprietary sourcing against a clear thesis, a defensible entry multiple, and a story that maps to the principal’s edge in the market.

Off-market multiples that pencil.

Banker processes drive valuations into territory that breaks deal-by-deal economics. Direct-to-owner outreach gets you to the table before competitive bidding starts.

Sourcing that fits your thesis, not someone else's.

Most sponsors have a sharp sector or geographic focus tied to the principal’s background. We build the mandate around that edge, not a generic LMM buybox.

Deals your LPs could not have surfaced themselves.

What LPs pay you for is access and conviction. The deals we source are not on the screens a passive LP could pull from Grata or Sourcescrub on their own.

If capital wants conviction, let’s build the sourcing process that supports it.

How independent sponsors compare us to the other options.

The honest comparison. Source it yourself, work through bankers, or run OutSearched against your mandate.The honest comparison. Internal hire, banker channels, and OutSearched. Each comes with structural trade-offs.

Option 01

Source It Yourself

Option 02

Banker and Broker Pipelines

Option 03

OutSearched

Let’s discuss how to reach owners before the process gets crowded.

2025 results.

Active mandate performance across the client portfolio.

Proprietary EV Sourced
$ 0 MM+
Across client mandates in 2025
LOIs Delivered
0 +

Across client mandates in 2025

Trustpilot Rating
0
From verified client reviews

Closed transactions and deals under contract are confidential and reported in aggregate at client request.

In their own words.

Outsearched and Nate's team have…

Outsearched and Nate’s team have provided me with valuable assistance during my search.

We have passed on several opportunities after working with them and digging further into asking better questions and reviewing deeper financials

Thomas Heffron
Individual Buyer
Outperformed the Broker Network

I’m an independent sponsor and my goal is to close one business a year. Missed that in 2025 by relying too heavily on brokered deals. With OS we’re on track for three closes by Q1 2026.

Phillip
Independent Sponsor
OutSearched - 10/10

Working with OutSearched is great – Nate is highly responsive and does a phenomenal job from end to end!

Collin Nieman
Individual Buyer
Highly Recommend for PE Rollups

We hired Outsearched to build out our buyside pipeline for a PE rollup. Generally we source that internally but for this particular scenario, we couldn’t find anything worthwhile either online or through direct outreach.

Additionally, our team was fairly unsophisticated with our outreach and it made more sense to find someone who really knows their stuff. We were on the fence about who to go with but Nate and Outsearched are the real deal. They found us multiple high quality companies ready to start conversation and within 5 months we were moving towards LOI.

Highly recommend, they were one of the only companies in the space that seemed to actually know what they were doing, bringing a truly fresh perspective into our buyside campaigns.

Justin Abrams
Individual Buyer
No Stone Unturned

Our BD function was already performing well, but we hired OutSearched under the belief that no matter how well-oiled our machine is, we’re likely still missing great opportunities. Nate proved that quickly.

Within three weeks, we were in active conversations with attractive acquisition targets. The speed, quality, and professionalism of the process stood out.

Could not recommend Nate and his team more highly.

John M
Individual Buyer
OutSearched - Proprietary Acquisition Target Sourcing

Nate and his team have done an incredible job in sourcing off-market acquisition targets for our firm. The OutSearched team worked with our team to build comprehensive target lists based on industry verticals, geography, size, and other pertinent metrics. Their team has provided strong communication throughout the engagement that has benefited us greatly in sourcing actionable acquisition targets. I would highly recommend Nate and his team to anyone that is looking to build their proprietary deal sourcing pipeline

Tom
Individual Buyer
Outsearched got going quickly and kept…

Outsearched got going quickly and kept me well updated on status. They brought several quality deals within the first 60 days or so. I was pleased with the results and enjoyed working with them.

Bill Balliette
Search Fund
Nate and team did a great job!!

Nate and team did a great job generating off-market leads! They were very easy to work with, honest and communicated clearly throughout the entire search process.

Would definitely recommend them and plan to work with them again in the future!

Nick Riley
Individual Buyer
Great outbound capability

Great outbound capability. Submitted an LOI on an actionable target in the first 60 days

Travis Monteleone
Independent Sponsor
My experience with OutSearched

The team at OutSearched got going quickly. They found several deals for me to look at in the first 60 days.

I was skeptical, but three of the first deals were great. They just keep adding deals to my pipeline. Which helps, so I can focus on closing deals.

Not sure what else you can ask from a team. Super hard working and diligent throughout. I could purchase any one of these businesses. Good problem to have, but we have too many options!

Nick Stefanyk
Individual Buyer
Hire Nate. Couldn't recommend more highly

Nate Niehuus at Outsearched is the real deal. Nate has been helping me target small business owners in a very narrow geographic target area. I’m his toughest client (no joke), and yet, in spite of my tough assignment, Nate has done an amazing job working his sourcing magic and generating introductions that have led to quality conversations. This guy relishes a challenge, and he works incredibly hard to deliver. I don’t think he ever sleeps.

Nate brings the unique combination of in-depth technical knowledge (allowing him to keep up with the latest and greatest in sourcing) and high-caliber people skills, honed over many years of commercial real estate negotiations. He knows how to talk to business owners, what questions to ask, how to determine fit, and generally how to run a tight, comprehensive process that is highly efficient and proactive.

In addition, Nate is a super solid dude with integrity and ethics. I trust him 100%.

I’m extremely happy to have Nate on my team. He is a true asset, and I can recommend him wholeheartedly.

Phil
Individual Buyer
What You See is What You Get

Nate and the Outsearched team have been a fantastic asset to The Origination Group’s operations. Since working together with Outsearched, we have been presented with over $300MM in proprietary EV deal flow and are excited to continue building off of our newly developed relationship for years to come.

Johnny Sebastian
Buyside Advisor
An Essential Resource for Our Firm

Nate and his team at OutSearched have played a critical role in helping us uncover and pursue off-market opportunities across several industries. They took the time to understand exactly what we were looking for and built customized prospect lists tailored to our specific parameters. Throughout the entire engagement, their responsiveness and transparency made collaboration seamless. The pipeline they helped us develop has directly translated into meaningful conversations with quality targets. I stongly recommend OutSearched to any firm serious about strengthening its proprietary deal flow.

Danny Ilani
Independent Sponsor
Great experience!

Nate and team did a great job of laying the foundation for our sourcing efforts. We are able to issue 3 LOIs within a few months of getting up and running. Definitely would recommend to any searcher, independent sponsor, or platform looking to acquire at scale.

Stephen X
Independent Sponsor
Quick to First Deal

I’m the founder of The Edelweiss Company and I decided to use OutSearched to help bring deals forward. They were professional, fast, and I have a deal (nearing LOI) on my plate already with less than 60 days of outbound. We’re just getting started with them. Highly recommended.

CJ Jacobs
Independent Sponsor

Independent sponsor clients.

Bring LPs deals they could not have found themselves.

A 30-minute strategy call. We will walk through your thesis, show you how we would build the outreach engine, and tell you whether we are the right fit for your next platform or add-on.