Search Fund CPAs | Mankato

Entrepreneurship through acquisitions (ETA)

As a search funder seeking to raise and deploy capital, your objective is to acquire a business you can successfully manage and grow. Navigating complex deals can be stressful. Search fund entrepreneurs want to acquire a business based on informed decisions—ensuring the right fit with your strategy, sensible pricing and a successful integration. Boulay provides comprehensive search fund services in Mankato to support you through every stage of the ETA process, helping you achieve your business acquisition and growth goals. While we serve clients throughout the United States and across the globe, our Mankato office is conveniently located on Madison Avenue.

Office Hours
Monday 8 – 4:30 PM
Tuesday 8 – 4:30 PM
Wednesday 8 – 4:30 PM
Thursday 8 – 4:30 PM
Friday 8 – 4:30 PM

How we help entrepreneurs get there

Since 2005, Boulay has been serving the ETA ecosystem, partnering with hundreds of search fund entrepreneurs across the United States, Mexico, Canada and Europe. We assist with acquisitions and offer advice and support throughout every phase of the Search Fund lifecycle and beyond. Boulay’s Search Fund Advisors help your ETA process with:

Accounting and Tax Support During Formation and Deal Sourcing

Implementing financial reporting and payroll systems
Understanding guaranteed payment vs. W-2 employee
Preparing Federal and State tax returns and Forms K-1

Frequent Contact and Conversations Throughout Search Process

Assisting in pre-LOI conversations
Providing perspective in the decision-making process
Helping with initial negotiating points

Acquisition Support

Analyzing expected tax impact on various deal structures
Understanding differences between 338H10, 336E, F-reorganization, and Section 1202 options, as well as stock vs. asset transactions
Conducting Quality of Earnings engagements
Working with searcher, investors, legal counsel and lenders regarding transaction and lending documents
Reviewing fund operating agreement terms

Post Close Accounting

Filing applicable protective elections
Purchase price allocation, funds flow accounting and opening balance sheet presentation
Net working capital true-up assistance
Assistance and preparation with sales and use tax along with voluntary disclosure agreement (VDA)

Annual Compliance Services

Audit and assurance services
Tax planning and compliance services

Customized Support at Every Stage

The ETA process varies for each entrepreneur. We collaborate with you to deliver the search fund accounting services you need, when you need them. We aim to serve as a seamless extension of your team, to help you overcome the accounting challenges you face. Contact us today to discover how our search fund advisors are committed to helping you get there.