
Whitepapers
Transforming the Silent Succession Crisis in the DACH SMEs
As demographic shifts accelerate and succession pathways weaken, Europe’s SME sector faces growing structural pressure. In the DACH “Mittelstand,” thousands of businesses risk closure as founders retire without successors, threatening the foundation of regional prosperity.
This White Paper by bunch and Orbit highlights the Search Fund as a modern solution for business continuity. By pairing ambitious entrepreneurs with long-term investors, Search Funds make ownership transitions smoother and growth more sustainable.
Born in the U.S. and now gaining traction across Europe, the model aligns incentives between investors and operators - preserving the legacy of established SMEs while preparing them for a new generation of leadership.

What's inside
- Legacy Meets Uncertainty - The Silent Crisis of Business Succession
- From Crisis to Catalyst - How Search Funds Fill the Gap
- The Anatomy of a Search Fund
- Paths to Ownership - Securing Funding for an SME Acquisition
- Laying the Foundation - How to Set Up Your Search Fund