Simple Agreement for Future Equity (SAFE) Anyone ever see companies use SAFE agreements when making investments?

I was speaking with the SVP of CorpDev and he mentioned that he was finding a bunch of smaller more tactical targets that would be an interesting add on to our company, but were not meaningful in terms of revenue. Our company is PE-owned, so they largely take care of the bigger acquisitions. Since the deals the SVP find are interesting, but too small, he made the comment that he wished there was some type of call or warrant option on these companies. I know a SAFE doesn't necessarily accomplish this but seems like it could be a potential solution? I would love to hear opinions on any potential deal structures! More detail can be provided as well.

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