Proprietary dealflow is a system, not a lucky break
Colin van Eck · 22 April 2026
Most searches start with the easiest channels: broker platforms, advisors, your own network. Nothing wrong with that, but it is shared dealflow. What lands there lands with everyone, usually with a price expectation already set.
Proprietary dealflow is the opposite: companies that are not for sale yet, approached before anyone else gets there. It produces better conversations, but it demands volume and repetition. And that is exactly where most searchers get stuck.
Why it breaks by hand
A two year search needs hundreds of approaches a month, every month, alongside the conversations, the data room and the financing. That works for the first two months. By month four the list building has slipped, and by month six the pipeline has stalled.
It is not a discipline problem. It is work that should not sit with a person in the first place: combing through registers, enriching companies, finding owners, tracking follow ups.
What a system does instead
A sourcing engine keeps that part running, including the week you spend inside a due diligence. New companies that match your criteria surface on their own, enriched and ranked, with an approach ready for your approval.
What is left for you is the part you wanted: talking to owners, valuing, negotiating. The rest is machine work, and machine work belongs in a machine.