This sounds a lot like the Search Fund model except at scale. Typically in a search fund an entrepreneur raises a small pool of capital for operations and searc

This sounds a lot like the Search Fund model except at scale. Typically in a search fund an entrepreneur raises a small pool of capital for operations and search for a traditional low tech company to acquire where they can optimize operations typically leaning on their MBA education. When a target is found, they make a capital call to the investors and buy out the company. This basically seems like a search fund run at scale. Its actually a cool concept that I suspect is quite profitable. From the article though I don't really know if there is a tech component. It's more like a pure-play private equity company, e.g. finance. That said, there are a lot of interesting opportunities here and probably limited competition.