E475 – Current & Critical – Cordell Jacks, Entrepreneurship Through Acquisition: Search Funds, Regenerative Business Models and the Silver Tsunami
“Regeneration is about aligning our economy’s highest principles with our ecology. If we don’t figure out how to do that, infinite growth and a finite resort planet doesn’t work, and all indicators tell us we’re heading for some trouble.”
With 91% of Canadian businesses lacking a succession plan, the retirement of baby boomer business owners creates both risks and opportunities. Cordell highlights the role of Search Funds as a scalable solution to this challenge, offering entrepreneurs the opportunity to acquire and grow SMEs with mentorship, financial support, and a framework that mitigates the risk of startup failure. By focusing on businesses with strong foundations and the potential for positive impact, Search Funds help preserve economic value while integrating sustainable and inclusive practices. Cordell also shares how Regenerative Capital Group’s "entrepreneurship through acquisition" approach focuses on acquiring viable businesses and ensuring they thrive long-term. This strategy drives market growth, supports employee ownership, and encourages diverse leadership—all while contributing to a regenerative economic future.