Acquisition History / Search Funds

Search Fund Acquisition History

A public record of 119 companies acquired by search funds — individually raised acquisition vehicles that buy and operate a single company. Filter by year or country below, or see thefull company acquisition history for large corporate acquirers.

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All search fund acquisitions

Showing all 119 tracked search fund acquisitions.

1. 14Dreamsacquired by Criluz Capital · Precious metals retail (cash for gold) · SpainAcquired by Criluz Capital (Pablo Paez and Gonzalo Fernandez). Backed by Beka Alpha Search Funds, Celium Capital, Gallium Growth, Legacy Partners, Mayrit Capital Partners, Moonbase Capital, Novadvice, Pinvest Ventures, Secways, Vonzeo Capital. Source: https://searchfundsnews.com/criluz-capital-enters-the-precious-metals-industry-through-spanish-acquisition/2026Undisclosed
2. 2ABC Empilhadeirasacquired by LTP Capital · Forklift and equipment rental · BrazilAcquired by LTP Capital (Marcos Noll Barboza). Backed by 9T Capital, AIJ Global, Albira, Ambit Partners, BM Holdings, Cabiedes Inversiones, Forti Search Fund Partners, KVIV Ventures, KYR Capital, Mazal, Novidam, Paltus Capital, Scipio Holding, TMB3 Fund, Vonzeo Capital. Source: https://searchfundsnews.com/ltp-capital-acquires-abc-empilhadeiras-in-brazil/2026an EV estimated at US$20-25M
3. 3Alumistar (Pacific Cast Products and Performance Aluminum Products)acquired by Bill Balliette (Novastone Capital Advisors operator-led buyout programme) · Aluminium alloy casting · United StatesAcquired by Bill Balliette (Novastone Capital Advisors operator-led buyout programme). Backed by Novastone Capital Advisors. Source: https://searchfundsnews.com/nca-entrepreneur-bill-balliette-acquires-california-based-manufacturer-alumistar/2026$12.0M
4. 4Bautechacquired by AVS Capital · Construction chemicals · MexicoAcquired by AVS Capital (Antonio del Valle Sierra). Backed by 9T Capital, Alza Capital Partners, Benjamin Estrella, Cerralvo Capital, Itaca Capital Partners, JB46, Jose Pablo Fernandez, Leon Bartolome, Scott Asen, Spectra Investments, Ventura Search Capital. Source: https://searchfundsnews.com/avs-capital-acquires-100-of-mexican-bautech/2026revenues of approximately US$10M, with an EBITDA of US$3M
5. 5Chinook Fire Protectionacquired by Stovall Capital · Fire protection contracting · United StatesAcquired by Stovall Capital (Ben Frazer). Backed by Generational Transfer Entrepreneurs, Hadley Family Capital, Heritage Holding, Marion Equity Partners, Martell Capital Partners, Paltus Capital, Reframe Search Partners, Ventura Search Capital. Source: https://searchfundsnews.com/stovall-capital-closed-the-first-alaskan-sf-acquisition-with-the-buyout-of-chinook-fire-protection/2026Undisclosed
6. 6Envases Sanz Beldaacquired by Preludio Partners · Rigid plastic packaging manufacturing · SpainAcquired by Preludio Partners (Andres Garrido and Curro Fita). Backed by Evolutiq, Secways, Spectra Investments, Ventura Search Capital, Vonzeo Capital. Source: https://searchfundsnews.com/preludio-partners-acquired-100-of-envases-sanz-belda/2026EUR11.9M in revenue in 2024 and EUR2.5M in EBITDA
7. 7Grupo Security (Master Security 3000, Gestion y Control de Lorca, Gestion de Seguridad y Control, Ponce y Moya Servicios)acquired by Libertum Capital · Security and video surveillance services · SpainAcquired by Libertum Capital (Juan Bolivar and Jorge Gimenez-Arribas). Backed by Alza Capital Partners, Atiud, Beka Finance, Cerralvo Capital, Enrique Locutura, Istria Capital, Jose Antonio Larraz, Lukas Matzinger, ONEtoONE Asset Management, Tres Coronas, Vonzeo Capital, William Thorndike. Source: https://searchfundsnews.com/libertum-capital-acquires-spanish-grupo-security/2026Undisclosed
8. 8Horizon Undergroundacquired by NCA SF067 · Underground utility construction · United StatesAcquired by David Kirubi (NCA SF067, Novastone Capital Advisors). Backed by Novastone Capital Advisors. Source: https://searchfundsnews.com/nca-entrepreneur-david-kirubi-acquires-californian-horizon-underground/2026Undisclosed
9. 9Jillson & Robertsacquired by Succession Capital · Gift wrap and packaging manufacturing · United StatesAcquired by Succession Capital (Padraig Lawlor). Backed by Altis, CapitalPad, Dan Dorman, Iberia, Novastone Partners US, Pau Cortes, South Highland Ventures (SHV ETA Fund I). Source: https://searchfundsnews.com/succession-capital-buys-southern-california-based-jillson-roberts/2026$11.0M
10. 10Letro, Cartondis and Trelacoacquired by Targos Capital · Corrugated cardboard packaging · SpainAcquired by Targos Capital (Diego Canales and Nicolas Romo). Backed by ALX Hormes Capital, Colca Capital, Grupo Santa Marta, Iberica Investment Partners, JB46, Legacy Partners, Legatum, Pina Capital, Secways, Soare Holdings, Ventus Capital, Vonzeo Capital. Source: https://searchfundsnews.com/targos-capital-acquires-100-of-a-spanish-corrugated-cardboard-packaging-group/2026Undisclosed
11. 11Omega Mouldingacquired by Robert Vero (Novastone Capital Advisors operator-led buyout programme) · Picture frame moulding manufacturing and distribution · United StatesAcquired by Robert Vero (Novastone Capital Advisors operator-led buyout programme). Backed by Cyprium Partners, Farragut Capital Partners, Novastone Capital Advisors. Source: https://searchfundsnews.com/nca-entrepreneur-robert-vero-invests-in-omega-moulding/2026$30.0M
12. 12Renocareacquired by Millet Transmission · Roofing and energy renovation services · FranceAcquired by Millet Transmission (Thibaud Millet-Barbe). Backed by 9T Capital, Cabiedes Capital, EPA Investissement, Innesto Partners, JB46, ONEtoONE Asset Management, Pierre-Arthur Chatard, Ruiz family, The Cromwell Harbor. Source: https://searchfundsnews.com/millet-transmission-acquires-renocare-in-the-french-basque-country/2026$11.6M
13. 13Super's Dianaacquired by Rigi Capital · Animal health / veterinary pharmaceuticals · SpainAcquired by Rigi Capital (Jorge Oriol). Backed by Aurica Search Fund, Institut Catala de Finances (ICF), Itaca Capital Partners, Karim Zahran, Moonbase Capital. Source: https://searchfundsnews.com/rigi-capital-acquires-supers-diana-in-spain/2026$17.4M
14. 14Valdishopperacquired by Cornisa Capital · Last-mile logistics · ChileAcquired by Cornisa Capital (Sebastian Fischer). Backed by 9T Capital, AIJ Holdings, Ambit Partners, Ashford Venture, Cerralvo Capital, N1 Capital, Scipio Holding, TMB3 Fund. Source: https://searchfundsnews.com/cornisa-capital-buys-valdishopper-in-chile/2026Undisclosed
15. 15AlpinEnergieacquired by ASPEON Partners · B2B energy brokerage and solar · AustriaAcquired by ASPEON Partners (Anton Stockert-Seilern and Stephan Poell). Backed by Forti Search Fund Partners, Istria Capital, Moonbase Capital. Source: https://searchfundsnews.com/aspeon-partners-acquires-leading-austrian-b2b-energy-brokerage-alpinenergie/2025a total EV slightly above 5x 2024A EBITDA
16. 16Apoplex Medical Technologies GmbHacquired by Inderwies Unternehmensnachfolge · MedTech SaaS · GermanyAcquired by Inderwies Unternehmensnachfolge. Backed by Alexander Kirn, Alza Capital Partners, Ambit Partners, Istria Capital, Juergen Rilling, Nico Gormsen, Relay Investments, Simon Webster, Thomas Buehler, William Thorndike. Source: https://searchfundsnews.com/third-german-sf-acquisition-in-2025-underscores-continued-focus-on-software/2025$19.1M
17. 17Extended Poweracquired by Decus Capital · Temporary power and generator services · United StatesAcquired by Decus Capital (Marc Decoste, Novastone Capital Advisors). Backed by Dellin Investments, Iberia NCA NF I, Novastone Capital Advisors. Source: https://searchfundsnews.com/decus-capital-nca-entrepreneur-marc-decoste-acquires-extended-power-in-the-usa/2025Undisclosed
18. 18Gallagher Bros Constructionacquired by Three Ridges Capital · Roofing and exteriors contracting · United StatesAcquired by Three Ridges Capital (Jake Burt and Curtis Rother). Backed by Coats Capital, Colton Capital Partners, Grosse Pointe Search Capital, Hadley Family Capital, Heritage Holding, Integral Private Wealth Advisors, JB46, MER Search Capital, Parkland Group, Reframe Capital, Shad Collective, Sleyster Family Capital, The Cromwell Harbor, Ventura Search Capital. Source: https://searchfundsnews.com/three-ridges-capital-acquires-gallagher-bros-construction/2025The EV was approximately $10-12M
19. 19GSE Composystem and Setrosonacquired by Phoenix Rise Capital; Orion Capital · Aerospace and defence ground support equipment · SpainAcquired by Phoenix Aerospace (Phoenix Rise Capital and Orion Capital). Backed by Atiud Capital, Barrilero Legal Angels, Beka Finance, Cabiedes Inversiones, Enrique Locutura, Eugenio Rodriguez, Knudsen family, Leon Bartolome, ONEtoONE Asset Management, Secways. Source: https://searchfundsnews.com/trio-of-searchers-at-phoenix-aerospace-acquires-2-spanish-aerospace-companies/2025$16.8M
20. 20Gutmaracquired by Lauria Partners · Aerospace and defence precision engineering · SpainAcquired by Lauria Partners (Miguel Camino and Alvaro Horstmann). Backed by Hyperion. Source: https://searchfundsnews.com/lauria-partners-the-aerospace-defense-focused-sf-acquires-gutmar/2025Undisclosed
21. 21H. Mears (Furnishers) Ltdacquired by All Interests Aligned · Flooring retail and installation · United KingdomAcquired by All Interests Aligned (AIA) with operator Philip Cefai. Source: https://searchfundsnews.com/aia-completes-its-first-deal-with-the-acquisition-of-h-mears-furnishers-ltd-in-the-uk/2025Undisclosed
22. 22ICEAacquired by Lynx Trail Capital · SEO/SEM digital marketing agency · PolandAcquired by Lynx Trail Capital (Michal Lukasz Kaminski and Constantin Marek). Backed by Amarant Capital Family Office, Claus von Loeper, Constance Gachowski, Edge Partners, Hanan Hallal, Heritage Holding, Joern Schmidt-Staade, Legacy Partners, Marek Dietl, Matthew Liebers, Michal Lapkowski. Source: https://searchfundsnews.com/lynx-trail-capital-acquires-100-of-polish-icea/2025Undisclosed
23. 23Millenium Site Services and Millenium Propertiesacquired by Maple House Capital · Rail repair and refurbishment services · United KingdomAcquired by Maple House Capital (Innocent Udia). Backed by Richard Turner (Blackstone Advanced Technologies LLC), Wavebridge Capital (Giorgi Pailodze). Source: https://searchfundsnews.com/maple-house-capital-acquires-millenium-site-services-in-the-uk/2025a turnover of GBP15M and a Profit after Tax of GBP2.8M
24. 24Napolillo Industryacquired by Fitex Capital · Industrial laundry services · ItalyAcquired by Fitex Capital (Daniele Schiavello and Giulio Marini). Backed by Agirax, Cerralvo Capital, Forti Search Fund Partners, Gernot Eisinger, Innesto Partners, Istria Capital, Jan Woitschaetzke, JB46, Juergen Rilling, Kinderhook Partners, Search Fund Capital, SFClub, Vito Giurazza. Source: https://searchfundsnews.com/italian-fitex-capital-acquires-the-industrial-laundry-napolillo-industry/2025Undisclosed
25. 25Paul Mathew Transport Ltdacquired by Eyal Kaplan (Novastone Capital Advisors operator-led programme) · Specialist transport and warehousing logistics · United KingdomAcquired by Eyal Kaplan (Novastone Capital Advisors operator-led programme). Backed by Novastone Capital Advisors. Source: https://searchfundsnews.com/nca-entrepreneur-eyal-kaplan-acquires-uk-based-paul-mathew-transport-ltd/2025Undisclosed
26. 26Pharmacom Handels GmbH and Binder Pharmaservices GmbHacquired by Lacus Legacy · Pharmaceutical distribution and data services · AustriaAcquired by Lacus Legacy. Backed by Alza Capital Partners, Ambit Partners, The Cromwell Harbor, Evolutiq, Istria Capital, JB46, Lineage, RP Global, Scipio Swanlaab, TTCER Partners. Source: https://searchfundsnews.com/lacus-legacy-closed-one-of-the-largest-sf-acquisitions-in-europe/2025Undisclosed
27. 27Rolfrozacquired by Cedo Capital · Vegetable and fruit processing · PolandAcquired by Cedo Capital (Monika Wincel). Backed by Ambit Partners, Cerralvo Capital, Evolutiq, Innesto Partners, Istria Capital, Search Fund Pioneers, TTCER Partners. Source: https://searchfundsnews.com/cedo-capital-acquires-polish-rolfroz-in-one-of-the-largest-sf-transactions-in-europe/2025Undisclosed
28. 28Stilefacquired by Atlas Partners · Corrugated cardboard packaging · ItalyAcquired by Atlas Partners (Giacomo Maria Garbarino and Stefano Carpano). Backed by Alexander Kirn, Istria Capital, Juergen Rilling, Legacy Partners, Loris Lanzelloti, Marc Bartomeus, Novidam, Paolo Guida, Valmaris Private Investors, Vonzeo Capital. Source: https://searchfundsnews.com/atlas-partners-acquires-an-italian-cardboard-packaging-company/2025turnover of EUR15M in 2024 with a 20% EBITDA
29. 29Thillensacquired by Edessa Growth Partners · Armored car and cash logistics · United StatesAcquired by Edessa Growth Partners (Resit Melik). Backed by Alza Capital Partners, Ambit Partners, Blue Frame Capital, Eric Giesecke, Futaleufu Partners, Housatonic Partners, Kirk Riedinger, Liberty Search Ventures, Milk Street Ventures, Rob Cherun, Sidney Sommer, The Cromwell Harbor, TTCER Partners. Source: https://searchfundsnews.com/edessa-growth-partners-acquires-midwest-armored-services-provider-thillens/2025generates $36.2M in annual revenue
30. 30Visual Counteracquired by Divisadero Capital · People-counting sensors and analytics · SpainAcquired by Divisadero Capital (Fernando Garcia Benavides). Source: https://searchfundsnews.com/divisadero-capital-acquires-spanish-engineering-company-visual-counter/2025Undisclosed
31. 31Zeker & Mobielacquired by Tasman Succession · Plumbing and drain unblocking services · NetherlandsAcquired by Tasman Succession (Alex Gready and Berend Westerveld). Backed by Ambit Partners, Ethos Partners, JB46, Kinderhook Partners, Novidam, Scipio Holding. Source: https://searchfundsnews.com/tasman-succession-acquires-plumbing-company-in-the-netherlands/2025the transaction is estimated to be valued at under EUR20M
32. 32ELTIacquired by Visconti Capital · Testing, Inspection & Certification · ItalyAcquired by Visconti Capital, backed by SCIPIO Holding Group and ONEtoONE Asset Management2024Undisclosed
33. 33IMMSAacquired by Reforma Capital · Manufacturing · MexicoAcquired by Reforma Capital; co-invested alongside WSC & Company, Ambit Partners, JB46, Cerralvo Capital.2024Undisclosed
34. 34Saepio Information Securityacquired by Aurias · Technology/Security · United KingdomAcquired by Aurias, co-invested alongside Ethos Partners & Maven Equity Partners.2024Undisclosed
35. 35LabSharesacquired by Philip Borden · Life Sciences Shared Lab Space · United StatesAcquired by Philip Borden with backing from Pacific Lake Partners2023Undisclosed
36. 36Objective Management Groupacquired by Fairfield Enterprises · IT SaaS · United StatesAcquired via Fairfield Enterprises; global leader in sales force evaluations.2022Undisclosed
37. 37Demarka S.A.acquired by Lemuy Group · Distribution · ChileLemuy Group acquired 80% of Demarka, an industrial labelling and office supplies company.2021Undisclosed
38. 38Falcon Security Hubacquired by Africa Search Capital · Electronic Security · South AfricaAcquired via Africa Search Capital (ASC), backed by Ambit Partners.2021Undisclosed
39. 39IESMATacquired by Signatus Capital · Scientific Instrumentation · SpainAcquired by Signatus Capital (led by Enrique Sales), backed by ITACA Capital Partners and Arada Capital Partners2021Undisclosed
40. 40Semifyacquired by Broadtree Partners · SEO/Digital Marketing Agency Services · United StatesAcquired by Broadtree Partners, backed by Dellin Investments2021Undisclosed
41. 41Cicero Therapiesacquired by Forge Partners · Healthcare · United StatesAcquired by Forge Partners; pediatric speech pathology/OT clinics.2020Undisclosed
42. 42Swoogoacquired by Eagle Rock Capital · Event-Management SaaS · United StatesAcquired by Eagle Rock Capital (CEO Chris Sykes), backed by M2O Inc and Red Forest Capital2020Undisclosed
43. 43Agasusacquired by Voke · Computer Leasing/Resale · BrazilVoke's searchers invested in Agasus; revenue grew from ~R$45M to ~R$543M.2019Undisclosed
44. 44Auronixacquired by Dhandho · IT/Telecom · MexicoCo-invested with Applied Equity Partners, BK Growth, Futaleufu Partners, Partner Ventures, WSC & Company (via Dhandho).2019Undisclosed
45. 45Stoqueacquired by Kinase Capital · IT SaaS · BrazilFirst international investment by AIJ Global, via Kinase Capital (supported by investors in South Africa, Brazil, Spain, USA).2018Undisclosed
46. 46RIA in a Boxacquired by Rushmore Partners · RIA Compliance Software / RegTech · United StatesAcquired by Rushmore Partners, backed by BK Growth2011Undisclosed
47. 47Abound Healthacquired by Laurel Tree Partners · Behavioral Healthcare & Software PlatformNiche healthcare platforms combining tech-enabled workflow with high-demand behavioral health services. Search capital raised: $400K - $600K Search / ~$10M Equity.—Undisclosed
48. 48ACES Monitoringacquired by Cascade Growth · Industrial Garage SafetyMission-critical monitoring hardware and software for commercial garage and industrial safety. Search capital raised: $400K Search / ~$7M Equity.—Undisclosed
49. 49ADB Lux Servicesacquired by Vestran · Industrial maintenance, HVAC and photovoltaic installation services · LuxembourgAcquired by Vestran. Backed by Noveta (Novadvice), Peter's Troop, Alain Jarre, unnamed local family office. Source: https://searchfundsnews.com/vestran-takes-over-adb-lux-services-in-luxembourg/—Not disclosed
50. 50Alberta Construction Training Institute (ACTI)acquired by Lnkd Capital · Safety and construction training · CanadaAcquired by Lnkd Capital. Backed by Sage Capital Partners, JB46, Hadley Family Office, Scipio, The Cambria Group, Martell Capital Partners, Associés Magnum Capital Partners, Gore Range Ventures, Black Sheep Operations, Integral. Source: https://searchfundsnews.com/canadian-lnkd-capital-completes-the-acquisition-of-alberta-construction-training-institute/—Not disclosed
51. 51Allied Electricacquired by Continuum Legacy Partners · Electrical Construction & Engineering ServicesEssential B2B engineering and maintenance services in Middle America with strong contract renewals. Search capital raised: $400K - $600K Search / ~$8M Equity.—Undisclosed
52. 52Alumistaracquired by Novastone Operator-Led Buyout Program · Aluminum alloy casting manufacturing · United StatesAcquired by Bill Balliette (Novastone Operator-Led Buyout Program). Backed by Novastone. Source: https://searchfundsnews.com/nca-entrepreneur-bill-balliette-acquires-california-based-manufacturer-alumistar/—$12.0M
53. 53American Security Systemsacquired by AltEquity · Security solutionsRecurring monitoring fees and maintenance contracts for commercial security installations. Search capital raised: $400K - $600K Search / ~$8M Equity.—Undisclosed
54. 54Anovia Healthacquired by Redwoods Capital · Direct Primary CareSubscription-based employer health clinics eliminating fee-for-service friction. Search capital raised: $450K Search / ~$9M Equity.—Undisclosed
55. 55Apex Leadership Co.acquired by Heritage Operating Partners · K-12 School Fundraising Services & EventsAsset-light tech-enabled fundraising platform serving schools with high re-order rates. Search capital raised: $400K - $600K Search / ~$10M Equity.—Undisclosed
56. 56Aprooveacquired by Evergreen ETA · Enterprise Workflow AutomationCloud-based workflow and marketing proofing SaaS for retail and enterprise marketing teams. Search capital raised: $450K Search / ~$10M Equity.—Undisclosed
57. 57Ausloos Verpakkingstechniekacquired by WAD Capital · Packaging machinery and solutions · BelgiumAcquired by Thomas Muyldermans (WAD Capital CEO-in-Residence). Source: https://searchfundsnews.com/wad-capital-ceo-in-residence-thomas-muyldermans-acquires-ausloos-verpakkingstechniek/—Not disclosed (target ~€18M annual revenue)
58. 58Automotive Businessacquired by Cambium Equity Partners · Auto warranties/roadRecurring revenue vehicle service contracts and roadside assistance administration. Search capital raised: $400K - $600K Search / ~$8M Equity.—Undisclosed
59. 59Axero Solutionsacquired by West Fourth Partners · Intranet Software & Enterprise SaaSHigh-margin enterprise intranet software with strong gross retention and low capex requirements. Search capital raised: $400K - $600K Search / ~$7M Equity.—Undisclosed
60. 60BeeckerCoacquired by Brookline Partners · Process automationEnterprise digital transformation and custom RPA software for back-office workflows. Search capital raised: $400K - $600K Search / ~$7M Equity.—Undisclosed
61. 61Beryllium InfoSecacquired by Berman Capital Investments · Cybersecurity & Compliance ServicesSubscription-based cybersecurity and compliance monitoring for defense and regulated industries. Search capital raised: $400K - $600K Search / ~$5M Equity.—Undisclosed
62. 62Betzler Life Story Funeral Homes and Life Story Networkacquired by Cambridge Memorial Group · Funeral homes and life celebration services · United StatesAcquired by Cambridge Memorial Group (Cole West and John Baker). Backed by TBD Investors, Pacific Lake, Shore Capital, Cerralvo Capital, WSC & Company, The Nashton Company. Source: https://searchfundsnews.com/cambridge-memorial-group-acquires-betzler-life-story-funeral-homes/—Not disclosed (all-equity transaction)
63. 63Blue Angel Clinical Partnersacquired by Endeavor Legacy · Primary HealthcareEssential primary healthcare clinics with recurring patient visits and value-based care tailwinds. Search capital raised: $450K Search / ~$8M Equity.—Undisclosed
64. 64Central Storage & Warehouseacquired by Pathfinder Growth Partners · Cold Storage & LogisticsEssential temperature-controlled warehousing with high switching costs and long-term client contracts. Search capital raised: $450K Search / ~$14M Equity.—Undisclosed
65. 65Centrum Medyczne Primus (CM Primus)acquired by Bold Capital · Healthcare · PolandAcquired by Bold Capital. Backed by Marek Jakubów, Novadvice, SF Club. Source: https://searchfundsnews.com/bold-capital-acquires-primus-group-in-poland/—Not disclosed
66. 66Cerboacquired by Beachton Capital Fund · EHR & Practice Management SoftwareMission-critical EHR SaaS for independent medical practices with near-zero voluntary customer churn. Search capital raised: $400K - $600K Search / ~$8M Equity.—Undisclosed
67. 67Climate Earthacquired by Beacon Search Partners · Ready-Mix Concrete TechSustainable concrete tech and automated EPD software helping builders meet green regulations. Search capital raised: $500K Search / ~$8M Equity.—Undisclosed
68. 68Connected Dealer Services (CDS)acquired by Endurion Capital · Connected vehicle technology and automotive dealer software · United StatesAcquired by Endurion Capital. Backed by Pacific Lake Partners, Ambit Partners, WSC & Company, Hadley Family Capital, Scipio, Moonbase Capital, Applied Equity Partners, Banyan Software Capital. Source: https://searchfundsnews.com/endurion-capital-closes-one-of-the-largest-deals-in-the-sf-landscape/—Undisclosed
69. 69CyberData Prosacquired by Guardian Equity · SMB Cybersecurity ServicesSubscription managed security service provider (MSSP) offering SOC monitoring and compliance. Search capital raised: $450K Search / ~$5M Equity.—Undisclosed
70. 70Desert Servicesacquired by Copper State Partners · Construction Site LogisticsRecurring site logistics, waste management, and regulatory compliance for construction sites. Search capital raised: $450K Search / ~$8M Equity.—Undisclosed
71. 71Dragonfly Pond Worksacquired by Thoroughbred Capital · Stormwater/lak e/pond managementRegulatory-driven stormwater management and lake maintenance with recurring service plans. Search capital raised: $400K - $600K Search / ~$8M Equity.—Undisclosed
72. 72Duco Travel Summitacquired by RNP Growth · Luxury travel events and experiences · ItalyAcquired by RNP Growth. Backed by Istria Capital, Inseta Partners, Cerralvo Capital, The Cromwell Harbor Partnership, Martell Capital Partners, Celium, Spectra Investments, Jurgen Rilling. Source: https://searchfundsnews.com/rnp-growth-acquires-italian-duco-travel-summit/—Not disclosed
73. 73E-Demonstrationsacquired by WAD Capital · Event production and experiential marketing · BelgiumAcquired by Nina Bos (WAD Capital CEO-in-Residence). Source: https://searchfundsnews.com/nina-bos-backed-by-wad-capital-acquires-e-demonstrations/—Undisclosed
74. 74Earth Developmentacquired by Crosswalk Capital · Commercial Landscaping & Snow RemovalContractual, multi-year commercial landscaping and snow removal with high route density. Search capital raised: $400K - $600K Search / ~$6M Equity.—Undisclosed
75. 75Edgar Hausmannacquired by Amboro Capital · Aerospace distribution (tools and consumables) · GermanyAcquired by Amboro Capital. Backed by Ambit Partners, Istria Capital, JB46 Partners, Innesto Partners, Heritage Holding, Legacy Partners, The Cromwell Harbor Partnership, Thomas Bühler, Gernot Eisinger, Martin Frischknecht, Till Bossert, Alexander Kirn, Finn Wulf, James Turner. Source: https://searchfundsnews.com/amboro-capital-acquires-german-distributor-edgar-hausmann/—Not disclosed
76. 76ELK Analysticsacquired by Alma Capital Partners · Cyber SecurityHigh-margin cybersecurity threat research and monitoring software with recurring contracts. Search capital raised: $400K - $600K Search / ~$6M Equity.—Undisclosed
77. 77Energy Ogreacquired by Alenda Partners · Electricity servicesSubscription-based electricity management software optimizing power rates for end-users. Search capital raised: $400K - $600K Search / ~$10M Equity.—Undisclosed
78. 78EURO-M Flexible Packagingacquired by WAD Capital · Flexible packaging films for the food industry · BelgiumAcquired by Sammy Lasseel (WAD Capital CEO-in-Residence). Source: https://searchfundsnews.com/wad-capital-and-sammy-lasseel-acquire-euro-m-flexible-packaging/—Not disclosed (target ~€14M 2024 revenue, ~€1.2M EBITDA)
79. 79Eventus Security Ltdacquired by 720 Fund · Cybersecurity services · IndiaAcquired by 720 Fund. Backed by Ambit Partners, Cerralvo Capital, Relay Investment, TTCER Partners, BK Growth, Brown Robin Partners, Granite Point Partners, Luka Salamunic, Manvendra Saxena. Source: https://searchfundsnews.com/720-fund-closes-the-first-sf-acquisition-in-india/—Not disclosed
80. 80EZ Shipper Racks (EZR)acquired by Toma Capital Management · Retail asset recovery servicesSpecialized returnable packaging and rack management for national retail supply chains. Search capital raised: $400K - $600K Search / ~$12M Equity.—Undisclosed
81. 81Falcon Critical Care Transportacquired by Cascadian Capital · Non-emergency ambulanceRegulated non-emergency medical transportation with steady hospital and hospice contracts. Search capital raised: $400K - $600K Search / ~$10M Equity.—Undisclosed
82. 82Gateway Arch Co., Ltd.acquired by Japan Bullseye Capital · Jigsaw puzzles, trading cards and art-related products manufacturing · JapanAcquired by Japan Bullseye Capital. Backed by AIJ Holdings, Capital Tree, Japan Private Equity Co., M2O Search, Scipio Holding, Inclusion Japan. Source: https://searchfundsnews.com/first-duo-sf-japan-bullseye-capital-acquires-gateway-arch/—Undisclosed
83. 83Gaynes Labsacquired by Apex Search Capital · Packaging & Materials TestingRegulatory-compliant package and material testing lab services for manufacturing and logistics. Search capital raised: $450K Search / ~$6M Equity.—Undisclosed
84. 84Groupe Odontysacquired by Renovatio Capital · Dental care · FranceAcquired by Renovatio Capital. Backed by Vonzeo Capital, Ambit Partners, ONEtoONE Asset Management, SF Club, CIC, Crédit Mutuel, Crédit Coopératif, Bpifrance (debt club deal). Source: https://searchfundsnews.com/french-renovatio-capital-takes-over-groupe-odontys/—~€15M enterprise value
85. 85Grupo Securityacquired by Libertum Capital · Security and video surveillance systems · SpainAcquired by Libertum Capital (Juan Bolívar and Jorge Giménez-Arribas). Backed by Cerralvo Capital, Alza Capital Partners, Vonzeo Capital, BekaFinance, Istria Capital, ONEtoONE Asset Management, Atiud, Tres Coronas, Enrique Locutura, Jose Antonio Larraz, Will Thorndike, Lukas Matzinger. Source: https://searchfundsnews.com/libertum-capital-acquires-spanish-grupo-security/—Enterprise value estimated at approximately €10M
86. 86Honolulu Ship Supplyacquired by Pacific Crest ETA · Maritime LogisticsEssential maritime provisioning and port logistics for commercial shipping vessels. Search capital raised: $500K Search / ~$12M Equity.—Undisclosed
87. 87Investor Machineacquired by Chesapeake Bay Capital · Real Estate Marketing DataData-driven marketing and lead-generation SaaS platform for real estate investors. Search capital raised: $450K Search / ~$6M Equity.—Undisclosed
88. 88ISI telemanagement Solacquired by Valent Capital Partners · Unified CaaS telecomRecurring telecom analytics and communications management software for enterprise customers. Search capital raised: $400K - $600K Search / ~$9M Equity.—Undisclosed
89. 89Ives & Co Solicitorsacquired by River Cam Group · Legal services (consumer legal services, residential conveyancing, wills and probate) · United KingdomAcquired by River Cam Group (Louis Lew). Backed by Lagar Ventures, Cabiedes Capital, Ventus Capital Partners. Source: https://searchfundsnews.com/river-cam-group-acquired-100-of-ives-co-solicitors/—Undisclosed
90. 90KKD GmbHacquired by Konkordia Unternehmensnachfolge · Fleet management and vehicle services · GermanyAcquired by Konkordia Unternehmensnachfolge. Backed by Istria Capital, Alza Capital Partners, Lineage, Forti Search Fund Partners. Source: https://searchfundsnews.com/konkordia-takes-over-german-kkd-gmbh/—Target revenue exceeds €20M; deal price not disclosed
91. 91Lardenoit Finance & Insuranceacquired by WAD Capital · Insurance brokerage · BelgiumAcquired by Mathieu Loquet (WAD Capital CEO-in-Residence). Source: https://searchfundsnews.com/wad-capital-ceo-in-residence-mathieu-loquet-takes-over-belgian-insurance-brokerage-lardenoit-finance-insurance/—Not disclosed
92. 92Le Corpioacquired by Accretia Capital · IP software for legal depts$1.5M - $5M EBITDA, highly sticky B2B SaaS/software serving corporate legal departments. Search capital raised: $400K - $600K Search / ~$5M - $15M Equity.—Undisclosed
93. 93Letro, Cartondis, and Trelaco (corrugated cardboard packaging group)acquired by Targos Capital · Corrugated cardboard packaging · SpainAcquired by Targos Capital (Diego Canales and Nicolás Romo). Backed by JB46, Vonzeo Capital, Grupo Santa Marta, Pina Capital, Iberica Investment Partners, Legatum, Secways, Legacy Partners, Colca Capital, Soare Holdings, ALX Hormes Capital, Ventus Capital. Source: https://searchfundsnews.com/targos-capital-acquires-100-of-a-spanish-corrugated-cardboard-packaging-group/—Undisclosed
94. 94Meridian Titleacquired by Armatage Capital · Real estate titleEstablished regional title agency benefiting from steady real estate transaction volume. Search capital raised: $400K - $600K Search / ~$10M Equity.—Undisclosed
95. 95Metabolic Solutionsacquired by Cedrus Fund · Bioanalytical testing labSpecialized lab diagnostics with high barriers to entry and steady pharma/biotech client demand. Search capital raised: $400K - $600K Search / ~$8M Equity.—Undisclosed
96. 96NCFDDacquired by Volley Partners · Faculty/university professional developmentSubscription-based professional development and mentoring platform for university faculty. Search capital raised: $400K - $600K Search / ~$6M Equity.—Undisclosed
97. 97Nexaacquired by Annison Capital Partners · Virtual receptionist24/7 virtual receptionist and call-answering software with high customer retention. Search capital raised: $400K - $600K Search / ~$12M Equity.—Undisclosed
98. 98Nexploreacquired by Blue Sky Equity · PreK-12 Education ServicesTurnkey STEAM enrichment programs for elementary schools with annual contractual renewals. Search capital raised: $400K Search / ~$5M Equity.—Undisclosed
99. 99North American Trade Schoolsacquired by Trade Wind Capital · Skilled Trades EducationCareer-focused vocational training fulfilling critical nationwide skilled labor shortages. Search capital raised: $500K Search / ~$10M Equity.—Undisclosed
100. 100Out of the Boxacquired by CrestLake Partners · QuickBooks sales/serviceTech-enabled accounting software implementation and recurring support for SMBs. Search capital raised: $400K - $600K Search / ~$7M Equity.—Undisclosed
101. 101Pacific Fertility Centeracquired by West Sands Partners · Fertility clinicHigh-margin fertility treatment and clinical donor agency with strong patient referrals. Search capital raised: $400K - $600K Search / ~$15M Equity.—Undisclosed
102. 102Paragon Legal Groupacquired by Calyx Capital Partners · Outsourced attorneyTech-enabled legal staffing and interim in-house counsel services for enterprise clients. Search capital raised: $400K - $600K Search / ~$11M Equity.—Undisclosed
103. 103Radiation Detection Co.acquired by Pivot Capital Partners · Health Physics & SafetyRegulated radiation monitoring service requiring periodic dosimeter testing and compliance reporting. Search capital raised: $500K Search / ~$12M Equity.—Undisclosed
104. 104Reliable Premium Managementacquired by Midwest ETA · Pay-As-You-Go InsuranceTech-enabled workers' compensation premium audit and pay-as-you-go billing platform. Search capital raised: $450K Search / ~$7M Equity.—Undisclosed
105. 105RouteGenie Technologiesacquired by Greenwich ETA · Medical Transport SoftwareSpecialized dispatch, routing, and billing SaaS for non-emergency medical transportation fleets. Search capital raised: $500K Search / ~$11M Equity.—Undisclosed
106. 106Rowleys of Northwichacquired by Mentmore Capital Partners · Commercial vehicle contract hire and fleet management · United KingdomAcquired by Mentmore Capital Partners. Backed by Triplepoint. Source: https://searchfundsnews.com/mentmore-capital-partners-acquires-rowleys-of-northwich/—£5-10M annual turnover disclosed; deal price not stated
107. 107SAMU (Soins des Arbres en Milieu Urbain)acquired by Ulam Transmission (Dimitri Novikov) · Tree pruning / arboricultural services · FranceAcquired by Ulam Transmission (Dimitri Novikov). Backed by SFClub, Cabiedes, Legacy Partners, 9T Capital, Peter's Troop, Artos. Source: https://searchfundsnews.com/ulam-transmission-takes-over-french-landscaping-company-samu/—Not disclosed (target revenue ~€16M, ~20% EBITDA margin)
108. 108Savaria Ipartechnika Kft.acquired by SF Adastra Capital · Precision manufacturing / machining · HungaryAcquired by SF Adastra Capital. Backed by MagNet Bank (debt, ~50% of enterprise value). Source: https://searchfundsnews.com/nca-entrepreneur-aron-szabo-led-the-buyout-of-savaria-ipartechnika-in-hungary/—Not disclosed (target EBITDA reported at approx. €1.6M)
109. 109Scottish Everlastingsacquired by Heronshaw Group · Artificial florals and home accessories · United KingdomAcquired by Heronshaw Group. Backed by HSBC (debt financing). Source: https://searchfundsnews.com/heronshaw-group-acquired-scottish-everlastings/—Undisclosed
110. 110Shandy Clinicacquired by Buck Jack Capital · Pediatric outpatientOutpatient healthcare services with strong recurring physician referrals and non-discretionary patient demand. Search capital raised: $400K - $600K Search / ~$5M - $15M Equity.—Undisclosed
111. 111Spivey Rentalsacquired by Carson Capital · Traffic safety/portable sanitationEssential equipment rentals for civil infrastructure and construction with steady utilization. Search capital raised: $400K - $600K Search / ~$9M Equity.—Undisclosed
112. 112Strategic Kidsacquired by Palmetto Capital · K-12 School StaffingEducational staffing and afterschool enrichment programs serving school districts. Search capital raised: $400K Search / ~$5M Equity.—Undisclosed
113. 113SunState Pest Managementacquired by Clear Water Equity Partners · Commercial Pest Control / Facility ServicesHigh-density route-based recurring services with contractual revenue and low customer churn. Search capital raised: $450K Search / ~$8M Equity.—Undisclosed
114. 114Termotur and Airnou (Grup Nextclima)acquired by Terra Firma Capital · HVAC (heating, ventilation, air conditioning) services · SpainAcquired by Marc Giné (Terra Firma Capital). Backed by Istria Capital, ONEtoONE Asset Management, Ethos Partners (now Orca Equity Partners), Beka Finance, Cabiedes Inversiones, Luis Camilleri, Secways, Turtle Capital, Xavier Pladellorens. Source: https://searchfundsnews.com/spanish-searcher-buys-2-companies-in-the-hvac-sector/—Undisclosed
115. 115TrueMed LISacquired by Summit Legacy · Lab Workflow SoftwareWorkflow automation SaaS for diagnostic labs managing specimen tracking and result delivery. Search capital raised: $450K Search / ~$7M Equity.—Undisclosed
116. 116TSE Engenharia e Automaçãoacquired by Minerva Capital · Industrial automation and engineering services · BrazilAcquired by Minerva Capital. Backed by Spectra Investments, KYR Capital, TMB3 Fund, Solum Capital, Cabiedes Capital, Cromwell Harbor. Source: https://searchfundsnews.com/minerva-capital-enters-into-tse-engenharia-e-automacao/—Not disclosed
117. 117Upper Handacquired by Wildcat Capital Partners · Sports Management SoftwareAll-in-one management SaaS for sports academies and fitness facilities with monthly subscription fees. Search capital raised: $400K Search / ~$5M Equity.—Undisclosed
118. 118upshopacquired by Silver Field Capital · Fresh food inventory/back-officeMission-critical SaaS optimizing fresh food inventory and waste reduction for grocery chains. Search capital raised: $400K - $600K Search / ~$15M Equity.—Undisclosed
119. 119Wu Consulting Groupacquired by Liberty Search · Pharma Biostatistical ServicesSpecialized CRO biostatistics and clinical data analysis for pharmaceutical companies. Search capital raised: $500K Search / ~$9M Equity.—Undisclosed