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With over 10 years of professional experience in Australia, the UK, Europe, and the Nordics, Ryan Ebert has spent time in both bootstrapping start-ups and working with corporates. He co-founded three startups in the healthcare space, successfully selling two of them: Healthlogic and PHW Group. He also spent part of his career at the global healthcare insurance company Bupa, where he led a turnaround that delivered 33% over-budget performance. Later, he joined health-tech company Physitrack as Chief Commercial Officer, where he achieved 101% year-over-year growth. After discovering the search fund model last year during his studies at Cambridge University, Ryan saw it as ideal for those whose skills are best used to grow a business rather than start one from scratch. This led him to launch Great Innings.
The fund is inspired by his love of cricket, with the ethos that the longer an innings goes, the better it becomes -just like a good small business. The premise is to succeed the business owner and continue the ‘Innings.’ He has successfully raised more than A$600k from numerous key Australian investors such as WayFinder Capital, Dorado Capital, Pete Seligman, Douglas Cook, Charlie Lancaster, and other family offices and entrepreneurs new to the search fund model. Additionally, he has attracted international investors such as Scipio Holding, Marc Bartomeus, AIJ Global, Frank & John Kenny and Hadley Family Office. With a strong background as an operator, he will leverage his investors’ expertise for support on the M&A side during the search phase.
Ryan is looking to acquire an existing private company in Australia with an initial enterprise value between A$20M and A$40M. Although industry-agnostic, Great Innings will initially focus on care businesses (health, pet, child, aged, telehealth, and imaging/diagnostics) and adjacent sectors, and tech services, due to Ryan’s expertise in these areas. He has already signed his first LOI for a smart home automation company.
