OCTOBER, 2025 (TORONTO, ONTARIO): Today Mineola Search Partners announced the launch of its second fund, which will again be investing in in Search Funds, the entrepreneurs who run them, and the businesses that they acquire. Target companies will operate within the North American lower-middle market, and will generally be seeking new ownership to provide founder liquidity, employee continuity, and to propel the company into its next phase of growth.
Steve Divitkos, Mineola’s Founder, added the following:
“At a macro level, small businesses are as important as they are ubiquitous: Companies with fewer than 100 employees represent more than 90% of all businesses within North America, tend to be overlooked by traditional sources of institutional capital, and are now changing hands at the highest rate in recorded history owing to the retirement of the baby boomer generation of business owners, less than 10% of whom have formalized succession plans in place.”
Divitkos continued, “At a micro level, I can say with confidence that nobody knows what it’s like to be an entrepreneur or CEO unless you’ve been one. Personally and professionally, we face both challenges and opportunities that few others can relate to. Though many understand the rewards of company leadership, few understand the arduous journey that’s often required to get (and stay) there. Of all of my responsibilities at Mineola, what I value most is the opportunity to work directly with entrepreneurs and CEOs, helping them largely through sharing my own experiences and lessons learned while occupying the very same seat.”
About Mineola Search Partners
Headquartered in Toronto, Canada, Mineola Search Partners invests in Search Funds, the entrepreneurs who run them, and the businesses that they acquire. To learn more, please visit www.mineolasearchpartners.com.