The Search Fund Podcast Beire Exhibitions: Corbin Butcher
Oct 15, 2021
Corbin Butcher, a search fund entrepreneur and former US Marine, shares his inspiring journey of launching the first search fund in the Czech Republic with his wife. He discusses the pivotal role of operating experience and partnership in overcoming investor skepticism rooted in the nation’s communist history. Corbin also reveals unexpected challenges during the acquisition of Beire Exhibitions, including navigating legal hurdles. He reflects on innovative strategies implemented during the pandemic and ambitions for future investments in Central Europe.
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Unconventional Beginnings
- Corbin Butcher's non-traditional path included studying German Literature at Hamilton College and serving in the Marines.
- He felt a need to give back and gain diverse experience outside the typical finance/consulting route.
First Czech Search Fund
- Corbin Butcher and his wife launched the first search fund in the Czech Republic.
- They saw this as a competitive advantage, despite the market's small size.
Shoebox CRM
- Upon acquiring Beire Exhibitions, Corbin and Ivana discovered a CRM system consisting of shoeboxes filled with business cards and notes.
- This highlighted an opportunity for digitalization and process improvement.