Buy and Build Ep 95: American Searcher (and Stand-up Comic) Embarks on a Traditional UK Search Fund – Allison Stuckless, Vericor Capital
Feb 23, 2025
Allison Stuckless, Founder and Managing Partner of Vericor Capital, shares her journey from JPMorgan to launching a search fund in the UK. She discusses the hurdles of fundraising and the importance of authentic investor relationships. With a keen interest in lifecycle services, she reveals opportunities in the evolving funeral industry. Allison also delves into the differences between U.S. and European search fund cultures and emphasizes the power of networking, especially for aspiring women entrepreneurs seeking support in the business landscape.
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From JP Morgan To Search Founder
- Allison Stuckless spent a decade at J.P. Morgan and transitioned through roles from analyst to private banker.
- That corporate experience helped her decide to pursue operating and entrepreneurship via a search fund.
Quit Without Plan, Became A Comedian
- Allison quit without a plan and tried stand-up comedy in London before settling into fintech and business school.
- That creative detour helped her discover what she wanted to build and where she wanted to live.
Self-Funded Search Revealed Red Flags
- Allison ran a self-funded search in the UK and found two compelling deals but later saw big margin red flags in one.
- That experience taught her she needed outside investor objectivity before bidding on larger targets.