

Lacey Wismer
Investor and founder focused on long-duration business ownership, having invested in over 100 search funds and building Hunter Search Capital and permanent-capital structures to back operator-led acquisitions.
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Mar 21, 2026 • 58min
What 100+ Investments Taught Me About Great Acquirers | Lacey Wismer Interview
Lacey Wismer, investor and founder backing operator-led acquisitions and builder of Hunter Search Capital. She discusses buying to own for decades, how 35x and 100x outcomes arise from low entry multiples plus M&A, why the entrepreneur matters more than the business, picking unconsolidated niches with a clear right to win, and the tradeoffs of permanent capital and frugality in long-duration ownership.


