Innesto was founded by Joachim de Belgique and Felipe Corcuera. The fund's origin dates back to 2018. Having completed a project to analyse the European search fund landscape together with Professor Royce Yudkoff during his MBA at Harvard Business School, Joachim approached Felipe, who had been active for some time in the search fund world. Together they decided to turn a project into reality. Joachim and Felipe are supported by their three advisors. Angeles, Gerard and Philippe.

Our searcher selection process consists of interviews, reference checks, and, whenever possible, an in-person meeting. Once we commit to a searcher, we pride ourselves on being close to them by having regular check-ins, providing them with guidance, and leveraging our network and expertise to assist them in their search and acquisition process. During the search phase, we have recurring calls every 6 weeks and then on a weekly or biweekly basis once an LOI is signed. Once our searchers acquire a company, we will maintain an open door policy upon the searcher CEO's request and may even sit on the company's board. 

We look for a combination of hard and soft skills. Regarding the hard skills, we look for searchers who have demonstrated professional and academic excellence throughout their careers. As for soft skills, we look for a variety of character traits such as perseverance, persistence, adaptability, a convincing attitude, flexibility, attention to detail, humility, willingness to seek advice and a desire to take an entrepreneurial path to run a company. 

We select our operating companies by looking at a set of criteria. Target industries are typically fragmented, growing and sizeable, and have straightforward operations that are easy to learn. Target companies typically have a clear competitive advantage, recurring & predictable revenues, >10% EBITDA margins, multiple avenues for growth, solid middle management, available financing, owners motivated to sell for non-business reasons, reasonable valuation expectations, and realistic liquidity options in 4 to 6 years.