A Network of Serial Acquisition Entrepreneurs and Investors.
We are a network of over 8,500 investment professionals, operators, and capital providers building serial acquisition platforms.
We Don't Think Small.
The internet is full of pitches on how to buy a local cash-flowing business. That is not what we do. Road To Carry is built for professionals executing institutional buy-and-build strategies rooted in the playbooks of serial acquirers like Constellation Software and TransDigm. If your goal is scale, you belong in this network.
Accelerator
Transforming mid-career professionals into serial acquisition entrepreneurs.
Conferences
Gathering of top institutional limited partners, family offices, and serial acquisition founders.
For Investors / Capital Providers
Accessing a vetted network of investment professionals, M&A professionals, and proven operators building institutional-grade serial acquisition platforms.
Our Thesis
Bridging tier-one capital with experienced investors and operators building platforms via disciplined serial acquisition strategies.
The Deployment Crisis.
Private equity is sitting on record levels of unallocated capital. While billions continue to flow into this asset class, funds struggle to deploy it efficiently in the crowded middle market private equity. The bottleneck for institutional finance is no longer raising money. It's finding executable deal flow at reasonable valuations.
Global Private Equity Dry Powder
Source: S&P Global Market Intelligence.
Average Purchase Multiple (EV/EBITDA)
Source: Stanford GSB, Cambridge Associates, CapitalIQ, Pitchbook.
The Buy-and-Build Arbitrage.
This deployment crisis creates opportunities for serial acquisition entrepreneurs. By acquiring foundational SMBs at efficient multiples and systematically scaling them into institutional-grade platforms, entrepreneurs unlock buy-and-build value creation. The playbook is there, but investors and operators need to execute.
The Direct Alpha Solution.
Family offices and tier-one allocators recognize this arbitrage. Rather than committing to blind-pool PE funds, they are actively shifting capital to back individual serial acquisition entrepreneurs—whether that's through an independent sponsor model, a holdco model, a search model, or an emerging fund model.
Billionaire Family Offices' Intention to Increase Exposure In the Next 12 Months
Source: UBS Billionaire Survey 2025.
Built by Investors, for Investors.
Meet the Team
Edwin Yun
Founder of Road To Carry
Before building the serial acquisition community, Edwin was a private equity investor at Providence Equity and Tailwind Capital. While pursuing his own acquisition entrepreneurship, Edwin decided to build this community to accelerate mid-career professionals transition to acquisition entrepreneurship.
Road To Carry Accelerator
An 8-week, cohort-based accelerator transforming mid-career investors and operators
into serial acquisition entrepreneurs.
Taught by investors with proven acquisition track records. Select participants will pitch their acquisition theses to our network of investors.
8 weeks, part-time/async compatible, 100% online with in-person events.
Next Cohort Starts in June 2026
Applications Open for June Cohort9.3 / 10
Average Cohort Rating
$20,000+
In estimated value
according to past participants
5+ Months
Of time saved
according to past participants
Our investor partners collectively manage over $1B
The Capstone: Direct Access to Tier-One Capital
We strongly encourage every participant to develop their investment thesis throughout the accelerator. At the end of the program, we will collect your pitch materials and distribute them directly to our network of investor partners.
Alumni Perspectives
What took me 12 months of learning/talking to others could have been compressed in this program; I wish I had this one year ago.
Former Head of Origination at Vista Equity
Overall the content was unique, differentiated that you won’t find anywhere else.
SVP of M&A at Holding Company
Do it. It provides structure, helps you think through what investors are looking for, how to structure the fund, provides a network, and helpful resources to get going.
Former VP at Mid-Market PE Turned Full-Time Acquisition Entrepreneur
I came out with much more clarity: what pool of capital is right for me, kickstart investor conversations, what concrete next steps are, having an ecosystem around you who are supportive and collaborative.
Former Investor at CD&R
My biggest hesitation was that as a non-MBA operator, I was closed out from raising money in an ecosystem that felt like it was made for MBAs. My peers, instructors, and investors made it clear that I more than deserve a seat at the table.
VP of Ops at a PE-Backed Company
If you have a genuine interest in this path but don't know where or how to start, do it. You will make valuable connections and learn.
VP at Mid-Market PE
You meet some amazing people and learn about how viable (and attractive) this path is.
VP of M&A at PE-Backed Company
Without a doubt, it is the network and the individuals that I met and the connections I was able to make. I think in many ways this is what has brought me a lot closer to making this a reality.
Founder/CEO of $20M HVAC Platform
Confidence that the capital is out there. Now met several LPs who are in the ecosystem for the strategy I'm pursuing.
SVP at Real Estate PE
I’ve considered this direction for years but hadn’t yet taken concrete steps, and this felt like the right opportunity to do so. The program gave me the tools, network, and confidence to move forward.
Investment Banker
Best & fastest way to understand how LPs underwrite rollups so you are ready to follow that path, including access to those LPs.
Former VC Partner Turned Operator
10/10 experience, well worth the $$
Former PE Professional Turned Operator
Being in close proximity to success individuals who have 'completed deals, exited' is the best learning experience that you can get.
Former PE Professional Turned Full-Time Acquisition Entrepreneur
Relationships and confidence and a sense of urgency by seeing all these people move on serial acquisitions.
Former VP at LMM PE, HBS Grad
Best thing that came out of camp was a better understanding around what investors want and that they are willing to talk. I think a lot of early stage acquirers always question 'do they want to talk?', 'is my idea good enough?' but coming out of the program and just hearing how they like to engage was really impactful for the future.
Former PE Professional Turned Full-Time Acquisition Entrepreneur
Where Our Alumni Worked
The Curriculum: Launching and Scaling a Serial Acquisition Platform
Taught by Experienced Investors and Serial Acquisition Entrepreneurs
Dan Millen
Partner at Reef Pass Investors
Robert Brown
Managing Partner at Reef Pass Investors
Charles-Henry Beglin
Co-Founder of Builders Associés and Simago
Bart Wouters
Managing Partner at Strada Partners
Nicholas De Poorter
Partner at Strada Partners
Pedro Russell
VP at Shore Search and Lecturer at MIT Sloan
Dirk Sahlmer
Partner at FE International
Trey Knighton
Founder of GPE Advisory
Alex Prokofjev
Founder of RollUpEurope
Edwin Yun
Founder of Road To Carry
Part 1
Core Modules
| Module | Description / Focus |
|---|---|
| Structuring the Platform | Puts & Takes Across Search, HoldCo, and Indy Sponsor Models |
| Passing the IC | Thesis Stress-Testing and Team Building |
| Brand-First Origination | Building A Programmatic Sourcing Engine, the Technology Stack, and The Narrative That Wins Deals |
| Designing for Exit | Creating an Exit-Ready Platform from Day 1 |
Part 2
Exclusive Investor Info Sessions
Throughout the 8-week accelerator, participants will attend private, off-the-record sessions with active capital allocators deploying 8-figure equity checks.
Part 3
Elective Deep-Dives
| Peer-to-Peer Networking Sessions |
| Pitch Preparation Sessions |
| AI-Powered Roll Ups |
| Additional Specialized Electives (TBD) |
Admission is Strictly Vetted.
To ensure a high-conviction cohort for our investor network, we review each application and only select up to 60 participants per cohort.
Apply to launch your serial acquisition journey today. Learn from and meet experienced investors.
Applications Open for June 2026 CohortMarch 31, 2026 • New York City
The New York Serial Acquirer Conference
A gathering for capital providers, serial acquirers, mid-career professionals exploring serial acquisition entrepreneurship, and serial acquisition investors building the next buy-and-build serial acquisition platforms.
$40B+
AUM Represented
160+
Emerging Managers, Acquisition Entrepreneurs, & Allocators / LPs
50+
Marquee Allocators / LPs across indy sponsor, holdco, search, and family offices
Conference Agenda
| 10:00 AM - 12:30 PM | Private 1:1 Investor Meetings for Accelerator Participants |
| 12:30 PM – 2:00 PM | Registration and Networking over Lunch Buffet |
| 2:10 PM – 2:20 PM | Opening Remarks |
| 2:20 PM – 2:50 PM | "The Modern Serial Acquirer: What It Really Takes to Build at Scale"feat. Bryan Rand (Founder, CEO, Rand & Co Holdings) |
| 2:50 PM – 3:20 PM | "What America's Most Prolific Mid Market PE Firms Are Doing To Support The Next Generation of Serial Acquirers"feat. Cameron Perkins (Partner, Shore Search Partners) |
| 3:20 PM – 3:45 PM | Coffee Break & Networking |
| 3:45 PM – 4:15 PM | "The HoldCo Playbook: How the Ecosystem Is Evolving—and Where the Opportunities Are"feat. Robert Brown and Dan Millen (Reef Pass Investors) |
| 4:15 PM – 4:45 PM | "How Investors and Entrepreneurs Build Platforms Together"feat. Rich Littlehale (CEO, Telos North) and Frankie Costa (Founder & CEO, Meridian Fleet Services) |
| 4:50 PM – 5:00 PM | Closing Remarks |
| 5:00 PM – 6:00 PM | Networking Mixer |
Featured Speakers
Bryan Rand
Founder & CEO, Rand & Co Holdings
Cameron Perkins
Partner, Shore Search Partners
Robert Brown
Managing Partner, Reef Pass Investors
Dan Millen
Partner, Reef Pass Investors
Rich Littlehale
Managing Partner, Telos North
Frankie Costa
Founder & CEO, Meridian Fleet Services
Why Speak at Our Conference
Upcoming Events
Oct 2026
U.S. Conference (TBD)
Mar 2027
New York Serial Acquirer Conference
Our Community Newsletter
Road To Carry
Join community of 8,500+ serial acquirers and investors. In-depth research, actionable deal flow, and events to help you build a thesis, raise capital, and acquire.
Proprietary Access for Institutional LPs & Family Offices
Get first-look access to experienced serial acquisition entrepreneurs and co-investment opportunities as part of our vetted network of family offices and institutional capital providers.
Request AccessPre-Vetted Entrepreneurs & Managers
Access top-tier investment and operator talent from our network of 8,500 mid-career professionals
Proprietary Deal Flow
Direct introductions to entrepreneurs and managers actively raising capital for independent sponsor, HoldCos and search platforms focused on serial acquisition strategies
Private Summits
Exclusive invitation to 1:1 meetings with select managers and entrepreneurs at our global conferences
Trusted by Top Allocators
Investor Insights
Allocator Testimonials
"Simply put, it was a fantastic experience. I was able to reconnect with old friends and build meaningful relationships with new operators and investors."
$4.5B AUM Allocator
"I had high hopes coming into the event and they were exceeded. The community you are bringing together is truly unique and I couldn’t be more honored to be a part of it."
$330M AUM Allocator
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