Tim Schumacher

Yes, we have a few small investors, but first and foremost, yeah, we're just kind of a going concern.

Also, we don't flip our companies.

I think it's really important.

If someone sells a business to SaaS Group,

We intend to run this business indefinitely.

We want to preserve the legacy of the founder.

We want to preserve the name, preserve what made the company strong.

Sure, we're going to improve on a lot of things where we think there are some holes to fill, but we really cherish those individual small companies which are filling a niche which most SaaS founders provide.

Um, and we don't intend to sell the company.

So also there's no, there's no fund lifetime of, Hey, within seven, seven to 10 years, we have to sell the companies again, those sorts of things.

Um, we're just happy keeping the companies.

I know there was one lead, but there were mainly a lot of individuals.

Yeah, it's complicated because obviously some of that is always trapped in subsidiaries and everything.

But we always strive for profit margins somewhere 20% to 30%.

No, that's a great question, but we want to see the potential to get there, but it doesn't have to be there on day one.

So we've bought some super profitable businesses, some businesses where there's basically just one founder doing all the work with a 95% profit margin.

We've seen those, but we've also seen insanely unprofitable businesses, two even which we bought out of bankruptcy, which we then restructured.

and obviously everything in between.

But yeah, no, as long as there's a decent ARR and it's a great product, I think by now we can live with anything.

Cross Talon out of French bankruptcy and Zenloop out of German bankruptcy.