Search Fund Accelerator Reviews | Glassdoor

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Search Fund Accelerator Reviews

Updated 17 Nov 2019

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3.3
60%
Recommend to a Friend
73%
Approve of CEO
Search Fund Accelerator CEO Timothy Bovard (no image)
Timothy Bovard
17 Ratings
Pros
  • "Small teams with ample guidance from Searchers(in 18 reviews)

  • "There are constant opportunities to learn about different aspects of the private equity process(in 15 reviews)

Cons
  • "Experience dependent on who your searcher is(in 12 reviews)

  • "The internship is unpaid and work may be a bit monotonous at times(in 12 reviews)

More Pros and Cons
  1. "Equity Analyst Itern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Search Fund Accelerator part-time for more than a year

    Pros

    -I had really great time working with my team at SFA. -Learned lot of concepts and technicalities about Private Equity business.

    Cons

    -The management failed to fulfil the promises of extra workshops. -Unpaid

    Search Fund Accelerator2018-03-13
  2. "Hard work, but promising with deal potential"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Private Equity Analyst 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Search Fund Accelerator full-time for less than a year

    Pros

    –Small teams with ample guidance from Searchers –Exposure to and research on many different industries –Potential for due diligence work and deal experience –Laid back office environment, very startup-ish

    Cons

    –Pay is...bad –Any deal done is going to be with a small company, so not much exposure to financial professionals outside of SFA management & investors –Work can get very tedious

    Advice to Management

    It would be nice to have more workshop/exercise-type activities for Analysts with minimal industry experience, e.g. Excel bootcamps, DD practice, modeling work based on data from past deals, etc. Also, bump the pay a touch. It hardly seems unreasonable to expect a higher rate than you get at this point.

    Search Fund Accelerator2019-11-13
  3. "Worked as an Private Equity intern and it was not worth it. Did not gain as much as I thought I would."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Neutral Outlook
    Disapproves of CEO

    I worked at Search Fund Accelerator

    Pros

    Free Snacks No other real pros

    Cons

    Unpaid Not much learning opportunities as they make it seem to be Rarely any workshops

    Search Fund Accelerator2019-11-18
  4. "Don't waste your time--not a valuable place to spend an internship"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Intern in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Search Fund Accelerator part-time for less than a year

    Pros

    No pay = little rules

    Cons

    Unpaid, little direction, cold emailing--Law suit by City of Boston for no compensation to interns.

    Advice to Management

    This company won't survive.

    Search Fund Accelerator2019-09-27
  5. "Cheap labor sustains the operation. Sued by interns for no pay. Do not apply."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst in Boston, MA
    Doesn't Recommend
    Negative Outlook

    I have been working at Search Fund Accelerator full-time

    Pros

    Boston lawsuit brought by unpaid employees working as interns.

    Cons

    The entire labor force of the firm predicates itself on cheap labor usually by using international students in Boston who need to find work while in the States. The entire culture of analysts at SFA is one of grinding through tedious work with the intentions of getting a better job after their searcher (manager) buys a company. The CEO of SFA prides himself on this fact, but the truth of the matter is that most... analysts don't stay very long because of the terrible pay, the overall lack of communication within the firm, and really no other benefits or advantages of staying at the firm for 6 to 18 months. Despite the company being so small, the communication is sporadic and not very effective, mostly due to understaffing and management trying to run as lean an operation as possible.

    Show More

    Advice to Management

    Give your "analysts" the pay they deserve for helping future CEOs find a business. Without cheap labor the whole operation is unsustainable.

    Search Fund Accelerator2019-09-23
  6. Helpful (1)

    "This is a terrible job. Don't come."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Search Fund Accelerator full-time for more than a year

    Pros

    there is no advantage, no salary, no benefits, no insurance, no transportation allowance. There is no benefit. you just work for the company with your own money.

    Cons

    For an intern, you won't get any salary. That means you're going into a bad economic crisis. For full-time analysts, your salary is very low, only about $10 per hour (after tax). The company has little business and no reputation. You don't want to include it in your resume. In short, this is not a good company. do not come.

    Advice to Management

    do not come.

    Search Fund Accelerator2019-04-12
  7. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Search Fund Accelerator part-time

    Pros

    Amazing experience, learned alot. Internship really depends on who your searcher is so make sure you connect with him/her

    Cons

    Unpaid and you could have a bad searcher who doesn't train interns.

    Search Fund Accelerator2018-10-05
  8. "Rewarding Experience"

    StarStarStarStarStar
    Intern 
    No opinion of CEO

    I worked at Search Fund Accelerator for less than a year

    Pros

    - Learn more about search funds/private equity. - Workshops with guest speakers.

    Cons

    - UNPAID - Redundant work. Literally finding emails for hours

    Search Fund Accelerator2018-07-12
  9. "Great Learning Opportunity for Interns"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Intern in Boston, MA

    I worked at Search Fund Accelerator for less than a year

    Pros

    Great learning opportunity, working closely with the team leader and everybody is willing to help you grow

    Cons

    No compensation for intern positions

    Search Fund Accelerator2018-06-04
  10. "Private Equity Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Search Fund Accelerator part-time

    Pros

    Great environment! Everyone is extremely friendly and works to help you succeed

    Cons

    Unpaid, however the experience is very valuable

    Search Fund Accelerator2018-02-27
Found 31 reviews