How it works
From thesis to IC memo in one workflow.
Delbrix runs every stage of the sourcing and qualification process. You stay focused on the owners worth calling.
01
Define the thesis
Enter industry, geography, revenue range, owner profile, and acquisition criteria. Delbrix structures your brief and uses it to drive every step that follows.
02
Source targets
Delbrix identifies private companies from public records, review platforms, trade directories, licensing boards, and web signals. No paid broker lists.
03
Enrich the company profile
The system gathers website data, reviews, ownership clues, hiring signals, service mix, and other useful context on each target.
04
Score the opportunity
Each company is ranked across market attractiveness, business quality, financial fit, acquisition fit, and likelihood to sell. Every score comes with a rationale.
05
Draft outreach
Delbrix prepares personalized first-touch emails and follow-up sequences based on the company and owner profile. You review every message before it sends.
06
Run initial diligence
Once information is available, Delbrix reviews financials, service mix, customer concentration, owner dependence, capex needs, and potential red flags.
07
Draft the IC memo
The platform turns sourcing, scoring, and diligence findings into a structured investment memo with recommendation, risks, unknowns, and next steps.
Features
Know why a company is worth your time.
Every target comes with a clear score, factor-level rationale, and the assumptions behind the recommendation.
Five-factor qualification
Every company comes with a score and the reasoning behind it.
Your IC won't accept “the model said 8.3.” Delbrix shows exactly why: market dynamics, business quality signals, the financial picture you can infer from public data, the acquisition fit against your stated thesis, and the signals that suggest the owner is ready.
- Defensible score bandsStrong target (8.5+), worth pursuing (7.0 to 8.4), investigate further (5.5 to 6.9), pass (below 5.5).
- Per-factor rationaleOne paragraph explaining each score, sourced and citable.
- Full breakdown on every rowExpand any company in the table to see the factor breakdown inline.
First-touch outreach
Sound like a searcher, not a sales sequence.
Every outreach is drafted from your voice, your fund's positioning, and what's specifically interesting about that company. The follow-up sequence moves automatically and stops the moment the owner replies.
- Tone presetsWarm-professional, direct-operator, peer-to-peer. Adjustable per company.
- Draft, don't auto-sendYou review every email before it goes out. One click to send when ready.
- Tracker built inDraft, Sent, Responded — with timestamps your pipeline tracks.
IC-ready memos
A memo your investment committee will read end-to-end.
Generate a structured investment memo from any qualified company in one click. Recommendation, snapshot, strengths, risks, financial insight, sell-side signals, key unknowns, and a sequenced next-steps plan. Formatted for print and exportable to PDF.
- Print-ready by defaultLetter-size layout with embedded sources, exportable to PDF.
- Editable in-appAdd your own thesis paragraph before sharing.
- Works from partial dataThe system flags what is missing and adjusts confidence level accordingly.
Outcomes
Spend less time sorting leads and more time talking to owners.
3.4×
More qualified targets per week vs. manual sourcing (example)
11 days
Median time from first-touch to first call with an owner (example)
68%
Of generated memos accepted by IC without revision (example)
“
We ran our entire HVAC search through Delbrix. We sourced 14 qualified candidates in three weeks, had 6 owner conversations, and signed an LOI on the second one. The memo it generated was the basis of our IC pitch. Barely edited.
DH
Daniel Hassan
Searcher · Permanence Capital · LOI signed Q1 2026
Pricing
Priced for a partnership of one. Or three.
No per-deal fees, no success fees, no contracts. Cancel any time.
Searcher
$29/ month
For solo searchers running 1 to 2 active theses.
See pricing- ✓Up to 3 active search runs
- ✓100 sourced companies / month
- ✓Five-factor scoring
- ✓Outreach drafts and sequences
- ✓5 IC memos / month
Most popular
Sponsor
$149/ month
For independent sponsors and small teams.
See pricing- ✓Unlimited search runs
- ✓500 sourced companies / month
- ✓Custom scoring weights per thesis
- ✓Reply detection and pipeline sync
- ✓Unlimited IC memos
- ✓3 seats included
Fund
Talk to us
For funds running multiple searchers in parallel.
Contact us- ✓Everything in Sponsor
- ✓SSO and audit logs
- ✓Private data sources
- ✓Custom scoring frameworks
- ✓Dedicated success partner
FAQ
Things searchers ask before signing up.
Where does the company data come from?
Public registries, state licensing boards, review platforms, trade publications, and structured news. We do not resell paid lists, and we do not scrape behind logins.
Is the scoring auditable?
Yes. Every factor score links to the underlying signals it was derived from. You can defend a number to your IC.
Can I bring my own thesis framework?
You can customize the five-factor weights per search run. Care more about likelihood to sell? Adjust the weights and Delbrix re-ranks candidates against it.
Does it auto-send outreach?
No. Outreach is always draft-first. You review every email before it goes out. The send decision stays with you.
Is my pipeline private?
Always. Search runs and pipelines are isolated to your workspace. We do not train on customer data and we do not expose targets across customers.
What happens if a thesis is not producing results?
If a search is not surfacing strong candidates, we will help you reframe the thesis. Adjust sector, geography, or revenue band to improve candidate quality.
The best deals aren't on a list. Go find them.
Run a search against your real thesis. Score candidates across five investor-grade factors and get to the owners worth calling.