Acquisition History / Search Funds / United States

Search Fund Acquisitions in United States

149 publicly known companies in United States acquired by search funds.

1. 1Alumistaracquired 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/2026$12.0M
2. 2Alumistar (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
3. 3Betzler 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/2026Not disclosed (all-equity transaction)
4. 4Chinook 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
5. 5Connected 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/2026Undisclosed
6. 6Horizon 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
7. 7Jillson & 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
8. 8Omega 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
9. 9Extended 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
10. 10Gallagher 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
11. 11Thillensacquired 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
12. 12Wu Consultingacquired by Bluffs Edge Partners · Business Services · United StatesSpecialized Biostatistics Support for Clinical Services2025Undisclosed
13. 13AdComp Systems Groupacquired by Miller Family Legacy Partners · Software · United StatesNo public report of an acquisition of AdComp Systems Group by Murdoch Miller / Miller Family Legacy Partners was found. Public profiles describe AdComp as a New York-founded (1989) GovTech/payments software company serving cities, counties, utilities and courts, and one page names Mansur Plumber as founder and CEO, which predates ESP's listed 2024 investment. Seller, sourcing, financing and price 2024Undisclosed
14. 14Air Crew Academyacquired by Harbour Grove · Business Services · United StatesHarbour Grove, an aviation-focused holding company led by partners Alvin Wong and Jordan Huibers, announced a growth investment in Advanced Aircrew Academy (Aircrew Academy) in August 2024. The two became Co-CEOs, while founders Dan Boedigheimer and William Hattler stayed on as Chief Safety Officer and Strategic Advisor respectively. The Charleston, S.C. company, founded in 2006, provides self-pac2024Undisclosed
15. 15Altro Pharmaceuticalsacquired by Aquimont Capital (per ESP listing; Aquimont is described in the release as a healthcare investment firm) · Business Services · United StatesAltro and Amici Pharmaceuticals are sister Long Island companies that source and market generic pharmaceuticals for companion pets and animals. In September 2024, RF Investment Partners announced a platform investment in both, described as flexible debt and equity capital to expand sourcing, manufacturing and distribution. RF partnered with New York healthcare investor Aquimont Capital (co-founder2024Undisclosed
16. 16Amici Pharmaceuticalsacquired by Aquimont Capital (per ESP listing; unverified) · Healthcare Services · United StatesAmici Pharmaceuticals is a Long Island virtual manufacturer of niche generic pharmaceuticals and a sister company of Altro. In September 2024, RF Investment Partners announced a platform investment in Altro and Amici together, described as flexible debt and equity capital for sourcing, manufacturing and distribution. RF partnered with New York's Aquimont Capital (Aron Berke and Nick Lovejoy) and D2024Undisclosed
17. 17Community Resources and Support Servicesacquired by Freda Capital (per ESP partner listing) · Property Management · United StatesESP lists Community Resources and Support Services (CRSS), a provider of housing and support services for cognitively disabled adults in Canada, as a 2024 investment. ESP's partner page names Lisa Hooey as CEO, with the search fund Freda Capital, a Smith School of Business (Queen's University) background and an operating stage since 2022. Public web searches found no press release, trade article o2024Undisclosed
18. 18Comprehensive Mobile Careacquired by Reservoir Partners (per ESP partner listing) · Healthcare Providers · United StatesESP lists Comprehensive Mobile Care, a portable medical specialty provider serving PACE centers, long-term care facilities and veterans homes, as a 2024 investment, and its partner page names Saad Hirani and Tanner Clawson as CEOs under the search fund Reservoir Partners (operating since 2023). A job-board profile describes the company as a family-owned mobile healthcare provider, operating since 2024Undisclosed
19. 19ExpensePointacquired by MKF Continuity · Financial Services · United StatesExpense and spend management solutions2024Undisclosed
20. 20Growth 99acquired by Pracinco Management · Business Services · United StatesManagement Software & Marketing Solutions for Medical Practices2024Undisclosed
21. 21Honolulu Ship Supply Co.acquired by Alpex Capital · Distribution · United StatesProduce distribution and food service supplier for cruise ships, tanker and tug boats2024Undisclosed
22. 22HRtoGoacquired by Kirkmar LLC · Business Services · United StatesFull range human resource services and consulting2024Undisclosed
23. 23Katonah Management Services, LLCacquired by Pando Root Capital · Property Management · United StatesHOA Management Company in the Hudson Valley2024Undisclosed
24. 24Kollath CPAacquired by Savana Partners · Business Services · United StatesProvider of accounting, tax, payroll, and human resource services2024Undisclosed
25. 25Oakmont Educationacquired by Yellow Creek Search · Business Services · United StatesCharter school management company2024Undisclosed
26. 26Premier Tree Specialistsacquired by Century House Partners · Property Management · United StatesComplete residential and commercial tree services2024Undisclosed
27. 27The American Institute of Balanceacquired by Four-Factor Capital · Healthcare Services · United StatesNetwork of Neurodiagnostic & Rehabilitation Balance Specialists2024Undisclosed
28. 28Windmill Wellness Ranchacquired by Magnificent Legacy Capital · Healthcare Providers · United StatesAdvanced therapeutic techniques and Brain Frequency technology used to treat addiction2024Undisclosed
29. 291SEO Digital Agencyacquired by Skyharbor Capital Partners · Business Services · United StatesWe could not find public reporting on how ESP's 2023 investment in 1SEO Digital Agency was put together. The ESP partner listing names John Shoaf (Skyharbor Capital Partners, Columbia) as CEO, but no public source we found confirms that name or fund in connection with 1SEO; the 2026 coverage names BJ Bergey as CEO. The seller, sourcing, price and financing for the original deal are not publicly di2023Undisclosed
30. 30360 Smart Networksacquired by 129 Growth Partners · Business Services · United StatesNo public reporting was found describing how 129 Growth Partners (Terrance Story, HBS) or ESP acquired 360 Smart Networks in 2023. What can be said: 360 Smart Networks is a Roswell, Georgia managed IT services provider founded in 2002. Third-party directories list Plexus Capital (and, per CB Insights, SNH Capital Partners) as investors, but these listings could not be reconciled with the ESP page 2023Undisclosed
31. 31Avesta Ketamine & Wellnessacquired by Founder Focused Capital · Healthcare Providers · United StatesLittle about this deal is public. Deborah Tan, a Harvard Business School MBA who runs the search fund Founder Focused Capital (managing partner since October 2021 per her LinkedIn), is co-CEO of Avesta Ketamine & Wellness, a ketamine infusion clinic group in the Washington DC area. Avesta was founded in 2018 by Dr. Ladan Eshkevari, a nurse anesthetist and former Georgetown professor, who is still 2023Undisclosed
32. 32BelleVie Wellness & Medical Aestheticsacquired by Azalea Growth Partners · Healthcare Providers · United StatesVery little about this acquisition is public. Olivia Utt, a Wharton MBA per ESP's partner listing, runs the search fund Azalea Growth Partners and is shown as CEO of Belle Vie Wellness & Medical Aesthetics, a medical spa group with locations in Cerritos and Costa Mesa, California offering injectables, skin resurfacing and body-shaping treatments. Crunchbase lists nurse practitioner Janell Ocampo a2023Undisclosed
33. 33Big Box Storage LLCacquired by Glass Lake Holdings · Consumer Services · United StatesGlass Lake Holdings, a holding company led by Zack Perry and Brian Vanderheyden (ESP's partner listing shows both as co-CEOs of Big Box), bought Big Box Storage, a San Diego portable storage and delivery company founded in 2003. The sellers were co-founders Brian and Rita Hurley. The sale was run by investment bank SDR Ventures as exclusive sell-side advisor; Brian Hurley said that after a broad p2023Undisclosed
34. 34BroadPeak Partnersacquired by Blue Glass Capital · Software · United StatesToby Kearn, a former ExxonMobil employee who ran its petroleum hedging program and a London Business School graduate per ESP's listing, bought BroadPeak Partners in August 2023, about two years after starting his search. BroadPeak, founded in 2007 by Gordon Allott, sells a no-code software platform that integrates data for commodity trading firms. Pacific Lake Partners announced the deal on Octobe2023Undisclosed
35. 35Canadian Industrial Pumps Ltd.acquired by 302 Capital Partners (per ESP Partners page and Searcher Insights listing; unverified) · Distribution · United StatesCanadian Industrial Pumps, a Surrey, British Columbia seller and servicer of centrifugal, submersible and positive displacement pumps founded in 2000, is led by CEO Troy Minogue, CFA. ESP's Partners page ties Minogue to the search fund 302 Capital Partners, and a Searcher Insights page lists the company as a successful search fund deal under that name. A separate November 2024 LinkedIn announcemen2023Undisclosed
36. 36CatchAll Environmentalacquired by Fairview Succession LLC (Tacoma, Washington; formed 2021 to invest in water and waste services, per Axial) · Business Services · United StatesFairview Succession, a Tacoma, Washington search fund formed in 2021 to invest in water and waste services, acquired CatchAll Environmental in 2023, according to its Axial profile. CatchAll, founded in 2010 and also in Tacoma, does stormwater drainage maintenance such as pipe jetting, storm filter cleaning, pond remediation and video inspection, and PitchBook counts about 19 employees. Fairview po2023Undisclosed
37. 37ElderTreeacquired by Bolivar Progress Partners · Healthcare Providers · United StatesCare management solutions for older adults2023Undisclosed
38. 38Elk Analyticsacquired by Alma Capital Partners · Information Technology · United StatesMonitoring, Detecting & Responding to Critical Cyber Threats2023Undisclosed
39. 39Foster Heating and Coolingacquired by 302 Capital Partners · Business Services · United StatesResidential and commercial HVAC services2023Undisclosed
40. 40LabSharesacquired by Philip Borden · Life Sciences Shared Lab Space · United StatesAcquired by Philip Borden with backing from Pacific Lake Partners2023Undisclosed
41. 41Mudshareacquired by Lionfield Capital LLC · Software · United StatesMarketing technology company that specializes in Peer-to-Peer Texting2023Undisclosed
42. 42North Valley Pediatric Therapyacquired by People First Capital LLC · Healthcare Providers · United StatesProvider of a full scope of therapy services to children and adolescents2023Undisclosed
43. 43Out of the Box Technology LLCacquired by CrestLake Partners · Business Services · United StatesProvider of bookkeeping services specializing in QuickBooks data integrations2023Undisclosed
44. 44Pelvic Health Solutionsacquired by Nine Oaks Partners LLC · Healthcare Providers · United StatesProvider of medical treatment for pelvic floor conditions2023Undisclosed
45. 45Therapy Group of Tucsonacquired by People First Capital LLC · Healthcare Providers · United StatesProvider of medically-based speech, occupational, and ABA therapy services2023Undisclosed
46. 46Westisle Heating and Coolingacquired by 302 Capital Partners · Business Services · United StatesResidential and commercial HVAC services2023Undisclosed
47. 47Aspire Home Healthcareacquired by Birch Heritage Partners (per search fund case-study listing) · Healthcare Providers · United StatesA search-fund case-study listing credits Birch Heritage Partners with acquiring Aspire Home Healthcare, a Morton Grove, Illinois orthopedic in-home care provider founded in 2010. ESP's listing names Michael Simms and Richard Si (both Kellogg) as co-CEOs. The case-study page itself was unreadable, and other directories conflict (PrivateEquityInfo lists Snowdon Partners; CB Insights lists Maven Equi2022Undisclosed
48. 48Cerboacquired by Beachton Capital Partners / Beachton Capital Fund · Software · United StatesCerbo, which makes EHR and practice management software for functional and integrative medicine practices, was acquired by Beachton Capital Fund, according to a Searcher Insights deal listing seen in search results (the page itself was a placeholder when I opened it). ESP's Partners page names Jonathan and Courtney Dunn of Beachton Capital Partners as CEO and President, and lists ESP's investment 2022Undisclosed
49. 49Charter Impactacquired by Mercator Search Group (Denver) · Software · United StatesDenver search fund Mercator Search Group acquired Charter Impact on November 7, 2022, per PrivSource. Charter Impact is a California provider of outsourced accounting, payroll and back-office services for charter schools and education nonprofits. Terms and the seller were not disclosed. Mercator said it planned to track operations more closely, add marketing and expand nationally while preserving 2022Undisclosed
50. 50CITTA Brokerage Co.acquired by The Staverton Group, LLC (owner-operator vehicle, Salt Lake City, founded by Sorenson) · Business Services · United StatesThe Staverton Group LLC, a Salt Lake City owner-operator vehicle founded by Scott Sorenson, acquired CITTA Brokerage Company on December 31, 2022. CITTA is an Ogden, Utah customs brokerage specializing in duty drawback, classification and 301 exclusion piggybacking. Woodbridge International represented the sellers and announced the deal. The sellers are described only as CITTA's owners, and financ2022Undisclosed
51. 51Concierge Plusacquired by Arnell Capital (Chicago-based investment firm) · Software · United StatesIn October 2022, investment bank Origin Merchant Partners announced that Concierge Plus Inc., a Florida-headquartered property-management software provider, had entered a strategic partnership with Arnell Capital, a Chicago-based private investment firm; Origin acted as exclusive financial advisor to Concierge Plus, so the deal appears to have come through a banker-run sale process. ESP lists its 2022Undisclosed
52. 52Eleven Softwareacquired by Ven Capital Partners · Software · United StatesManaged WiFi platform integrating WiFi into property management systems, loyalty databases, CRM’s, and social profiles2022Undisclosed
53. 53Environmental Monitoring and Technologies (EMT)acquired by Fairview Succession LLC · Building Services · United StatesAnalytical laboratory and field sampling services2022Undisclosed
54. 54EvoTextacquired by Aurora Growth Partners · Software · United StatesContent Management System (“CMS”) that allows content publishers to develop, manage, and deliver their content to K-12 public school districts2022Undisclosed
55. 55GLP Canadaacquired by Stratos Growth Partners · Business Services · United StatesHVAC Distribution serving the Canadian market2022Undisclosed
56. 56Objective Management Groupacquired by Fairfield Enterprises · Building Services · United StatesIndustry leader in sales force evaluations and sales candidate screening2022Undisclosed
57. 57PageVaultacquired by Woodland Coast · Software · United StatesSoftware enabling legal professionals to capture web content2022Undisclosed
58. 58Apexacquired by Heritage Operating Partners · Business Services · United StatesNo public report of the acquisition of Apex Leadership Co. was found. A podcast summary describes Jamie Krasnov as CEO and says he founded Heritage Operating Partners, a PE firm focused on franchisors, before joining Apex; a PR Newswire release reports 30% year-over-year growth in Q3 and campaigns at roughly 200 schools. Seller, sourcing, financing and price are not publicly disclosed.2021Undisclosed
59. 59AQC Traffic Controlacquired by BlackRiver Growth Partners (per search fund case-study listing) · Building Services · United StatesA search-fund case-study site lists AQC Traffic Control as acquired by BlackRiver Growth Partners, and a PE directory places AQC in Atlanta serving the Southeast with a search fund owner. The case-study page itself was not readable, so the seller, sourcing, price, financing and co-investors are not publicly disclosed in what we found. ESP's page names Marcus Rush (Stanford GSB) as CEO; no independ2021Undisclosed
60. 60Axero Solutionsacquired by West Fourth Partners (per ESP's partner listing) · Software · United StatesAdam Ilowite and Michael Upex, two search fund entrepreneurs, took over Axero Solutions, an Austin-based intranet and digital workplace software company, in mid-2021. A podcast summary says they began searching in April 2020, searched about 14 months and closed around the end of June 2021 after signing two letters of intent. Axero's August 9, 2021 announcement described the funding as growth inves2021Undisclosed
61. 61Canyonlands Campsacquired by Canyonlands Fund · Travel & Entertainment · United StatesESP lists Canyonlands Camps, an operator of youth summer camps in North America, as a 2021 investment. ESP's Partners page names Caroline Matthews and Connor McCarthy, both Stanford GSB, as Co-CEOs through their search fund, Canyonlands Fund. I searched for press, case studies or announcements about the acquisition and found nothing that describes it: no seller, price, financing, lenders or sourci2021Undisclosed
62. 62CarDataacquired by Spruce Grove Capital (Toronto, founded 2019) · Business Services · United StatesCarData Consultants is an Oakville, Ontario provider of vehicle reimbursement program management for commercial customers. ESP lists a 2021 investment and shows Michael Levine and Sheret Ross, of the Toronto search fund Spruce Grove Capital, as former CEOs. Aggregator sites report that Spruce Grove made a growth investment in CarData in March 2021, amount undisclosed, to fund expansion in North Am2021Undisclosed
63. 63Central Storage & Warehouseacquired by Thomas Street Partners · Business Services · United StatesCentral Storage & Warehouse, a provider of temperature-controlled warehousing in Wisconsin, is held by the Thomas Street Partners search fund, per a Searcher Insights listing that names Sam Krieg and Hill Hamrick. ESP lists its investment as 2021. A 2024 Refrigerated Frozen Foods article identifies Krieg as co-CEO. Older articles from around 2009 show a different CEO, John Winegarden, so the busin2021Undisclosed
64. 64DriveSafeacquired by Alnes Capital LLC (per ESP partner listing); a Preqin preview instead names Trilogy Search Partners as acquirer (unverified) · Consumer Services · United StatesESP lists DriveSafe, which calls itself Colorado's largest driving school, as a 2021 investment, and its partner page names Tariro Goronga (Harvard Business School, Alnes Capital, since 2020) as CEO. DriveSafe operates under Baron Education / Baron Investments, LLC in Greenwood Village, CO, with roughly a dozen locations; a Preqin preview says the company was acquired by Trilogy Search Partners, w2021Undisclosed
65. 65DSD Partnersacquired by Parkhill Capital (per ESP partner listing) · Business Services · United StatesESP lists DSD Partners, a technology solutions and services provider to retailers, distributors and manufacturers, as a 2021 investment, and its partner page names Mark Devooght (Dartmouth, Parkhill Capital, since 2021) as CEO. The company's site confirms Devooght as CEO and says a 2024 merger with GlobalWorx (the page says the company 'Tactiq' completed it) combined two technology providers, reac2021Undisclosed
66. 66Earth Development, Inc.acquired by Crosswalk Capital · Business Services · United StatesVendor procurement company providing commercial facilities management with a specialization in supporting multi-site organizations2021Undisclosed
67. 67Ennoble Careacquired by Circa Health · Healthcare Providers · United StatesHome health and hospice care2021Undisclosed
68. 68Lion Industrial Resourcesacquired by Seneca Trails Capital · Waste Management · United StatesEnvironmental services and industrial waste management2021Undisclosed
69. 69maxRTEacquired by Northern Pine Partners, LLC · Software · United StatesSelf-pay and revenue cycle management services2021Undisclosed
70. 70OneSourceacquired by Search Fund Accelerator · Business Services · United StatesOutsourced IT services for small and medium businesses2021Undisclosed
71. 71PrecisionMed, Inc.acquired by West-Atlantic Partners · Healthcare Services · United StatesPremier biobank and supplier of human biological material for biomedical research2021Undisclosed
72. 72Semifyacquired by Broadtree Partners · SEO/Digital Marketing Agency Services · United StatesAcquired by Broadtree Partners, backed by Dellin Investments2021Undisclosed
73. 73Softripacquired by Forest Park Capital · Software · United StatesBusiness software for tour operators2021Undisclosed
74. 74Sunscape Landscapingacquired by Parkland Field Management · Property Management · United StatesCommercial and residential landscaping services2021Undisclosed
75. 75Tortorella Groupacquired by Big Branch Capital LLC · Property Management · United StatesPool construction and maintenance2021Undisclosed
76. 76Aymiraacquired by Laurel Tree Partners · Healthcare Providers · United StatesSiblings Dennis Lally and Jenna Lally Whigham launched the search fund Laurel Tree Partners in May 2019 and, after a 16-month search, acquired Aymira in October 2020. Aymira, a Charlotte, North Carolina behavioral health agency serving people with intellectual and developmental disabilities (and owner of the OnTarget electronic health record platform), had been founded in 2002 by Lewis Quinn. On N2020Undisclosed
77. 77Cicero Therapiesacquired by Forge Partners · Healthcare · United StatesAcquired by Forge Partners; pediatric speech pathology/OT clinics.2020Undisclosed
78. 78Cicero Therapiesacquired by Forge Partners (a Dealroom profile describes a network of mission-driven pediatric therapy practices in the Eastern U.S., HQ listed in Atlanta) · Healthcare Providers · United StatesCicero Therapies is a behavioral and pediatric therapy provider that ESP lists as a 2020 investment, with Taylor Davidson as CEO and Grant Schafle as President of Forge Partners, both Stanford GSB per ESP's Partners page. A directory describes Cicero as a group of pediatric speech, occupational and behavioral therapy clinics in the eastern and southeastern U.S. and lists Housatonic Partners as its2020Undisclosed
79. 79Contract Sweeping Services, LLCacquired by Broadtree Partners LLC (Saxena is Operating Partner & Principal) · Business Services · United StatesIn January 2021 Broadtree Partners, with True West Capital Partners, bought two Northern California municipal sweeping firms, Contract Sweeping Services and Statewide Construction Sweeping, from second-generation owners Joe and Gina Vella, whose father Leonard founded the businesses. The two were combined under a new holding company, West Sweeping Services Holdings. Senior debt came from Bank Prov2020Undisclosed
80. 80Echosec Systemsacquired by Tusker Fund · Information Services · United StatesCyber threat management services2020Undisclosed
81. 81Facilities Survey, Inc.acquired by Seely Partners Capital · Software · United StatesPremier provider of compliance-oriented asset and maintenance management for hospitals2020Undisclosed
82. 82HRTMSacquired by KeelBoat Capital, LLC · Software · United StatesHR job description management software.2020Undisclosed
83. 83Integrated Computer Systems, Inc.acquired by Sierra Madre Group · Software · United StatesSoftware for first responders enabling computer-aided dispatch, mobile data access and records management.2020Undisclosed
84. 84ISPN, Inc.acquired by 20 South Partners, LLC · Business Services · United StatesTurn-key ISP solutions including rural broadband operators services such as managed server solutions, technical support, hosted email services, network diagnostics and network engineering.2020Undisclosed
85. 85NovoPathacquired by Victoriaside Capital · Software · United StatesSoftware for workflow management at pathology labs.2020Undisclosed
86. 86OneShield Softwareacquired by Goldmatch Capital Partners · Software · United StatesSoftware for the insurance and financial services industries, enabling enterprise-class policy management, billing, claims, rating, product configuration, business intelligence, and analytic solutions.2020Undisclosed
87. 87SafeLogicacquired by Bells and Bear · Software · United StatesEncryption software and services2020Undisclosed
88. 88Statewide Construction Sweeping, LLCacquired by Broadtree Partners · Business Services · United StatesLargest construction sweeping company in California2020Undisclosed
89. 89Swoogoacquired by Eagle Rock Capital · Software · United StatesEvent management software platform.2020Undisclosed
90. 90The Shandy Clinicacquired by Buck Jack Capital · Healthcare Providers · United StatesColorado-based outpatient therapy clinic providing therapy solutions to children with autism.2020Undisclosed
91. 91The Skin Center Holdings, LLC (TSC)acquired by Bridgeway Management LLC · Healthcare Providers · United StatesMulti-site dermatology practice offering a range of skin treatments including Botox, fillers, laser treatments, and cosmetic surgery.2020Undisclosed
92. 92Wolin Design Groupacquired by Lynwood Street Capital, LLC · Software · United StatesWarehouse management software.2020Undisclosed
93. 93Bio Behavioral Instituteacquired by New Endurance Capital · Healthcare Services · United StatesAlmost nothing about how this deal was done is publicly documented. Ryan Crago, through his search vehicle New Endurance Capital (and an IESE Business School background per ESP), is CEO of Bio Behavioral Institute, a Great Neck, New York clinic providing evidence-based treatment for OCD, anxiety and other mental health disorders. Directory sites say the practice dates to 1979 and list Crago as own2019Undisclosed
94. 94Broughton Pharmaceuticals, LLCacquired by SL Group, LLC · Wholesaler · United StatesSL Group, LLC bought Broughton Pharmaceuticals, a Savannah, Georgia wholesale distributor of pharmaceutical and surgical consumables founded in 2002. EdgePoint, an M&A advisory firm, announced the deal and says it was the exclusive financial advisor to Broughton, which suggests the company was sold through an advisor-run sale process. EdgePoint describes SL Group as a New York-headquartered privat2019Undisclosed
95. 95Capin-Vyborny, LLCacquired by NEXU Partners (Dallas, Texas search fund; IESE graduate per ESP) · Business Services · United StatesJean-Paul Destarac runs Capin-Vyborny, a US customs brokerage and logistics firm based in Phoenix, Arizona, as CEO and owner. Before the acquisition he was managing partner of NEXU Partners, a Dallas-based search fund. A Searchfunder event page for a May 19, 2021 'How I Bought This' session with Destarac confirms this background but does not say who sold the company, how it was found, how it was f2019Undisclosed
96. 96Hydro Flow Products, Inc.acquired by Springline Partners, LLC · Wholesaler · United StatesLeading provider of fire hose related products.2019Undisclosed
97. 97Lorman Education Groupacquired by Trailview Partners, LLC · Business Services · United StatesProvider of compliance based corporate continuing education training courses and resources.2019Undisclosed
98. 98Quality Coding Software Solutions, LLCacquired by Ardlock, LLC · Software · United StatesCost management software solutions for the managed care industry.2019Undisclosed
99. 99Redline Automotive Merchandising, LLCacquired by Exit Plan Capital, LLC · Business Services · United StatesPhotography services for dealerships including lot photography, digital marketing, and software solutions.2019Undisclosed
100. 100Stat Pads, LLCacquired by Uinta Capital, LLC · Business Services · United StatesAutomated External Defibrillator program management and safety company2019Undisclosed
101. 101The Vasectomy Clinic Inc. (dba Dr. Snip)acquired by Dhandho · Healthcare Providers · United StatesIndependent vasectomy and men's health care private practice in Seattle.2019Undisclosed
102. 102Utility Cloudacquired by Blue Range Capital, LLC · Software · United StatesSoftware solutions for tracking regulated assets including facilitating field work, inspections, and reporting.2019Undisclosed
103. 103AspenRidgeacquired by Denali Capital Partners (per ESP listing; unverified) · Healthcare Providers · United StatesNo public source was found describing how AspenRidge Recovery, a Colorado drug and alcohol treatment provider, was acquired in 2018. PitchBook calls it PE-backed (founded 2015, Lakewood CO) and PrivateEquityInfo lists WSC & Company as owner, which may not reflect the ESP deal. ESP's listing names Ethan Castro (Kellogg) as former CEO under Denali Capital Partners; nothing found confirms that. Selle2018Undisclosed
104. 104Automotive Business Solutions (ABS)acquired by Cambium Equity Partners (acquired via newly formed ABS Operations, LLC) · Financial Services · United StatesOn September 28, 2018, Cambium Equity Partners bought Automotive Business Solutions, a Westminster, Colorado company that administers repair and labor warranties, roadside assistance and tire warranties for the auto aftermarket. The buyer was a newly formed entity, ABS Operations, LLC. The sellers were co-founders Rick Ruel and Steve Halgren, who started ABS in 2001 and sold after roughly 17 years2018Undisclosed
105. 105AW Site Services Holdingsacquired by Broadtree Partners (acquisition vehicle: AW Site Services, LLC) · Waste Management · United StatesAW Site Services is the vehicle Broadtree Partners used to buy Arwood Waste, a Jacksonville, Florida business that arranges dumpsters, portable toilets and other temporary site services through a vendor network. The seller was founder John Arwood. Talks began in early 2018 and, per court records, Broadtree built its own financial statements because Arwood kept no formal books. The deal was an asse2018Undisclosed
106. 106Botanical Designsacquired by Monroe Hill Growth Partners · Business Services · United StatesEdward McDonnell bought Botanical Designs, a Seattle commercial plantscaping company, in 2018 through a traditional search fund (Monroe Hill) after about 10-12 months of searching from North Carolina. In an interview he describes the sourcing as a hybrid: he courted the founder directly before the deal became brokered. The seller was the founder of a one-branch business with about $11 million reve2018Undisclosed
107. 107Craftsman & Unityacquired by Avon Growth Management (per ESP partner listing) · Manufacturing · United StatesESP lists Craftsman & Unity, a manufacturer of flat and rotary steel rule cutting dies for corrugated box makers, as a 2018 investment (the logo file is named British American Tooling). ESP's partner page names Graham Butler, a Harvard Business School graduate, as former CEO with the search fund Avon Growth Management since 2016. Searches found no press release, trade coverage or searcher write-up2018Undisclosed
108. 108Emporos, Inc.acquired by Elk Capital Partners · Software · United StatesSoftware and Point of Sale solutions for pharmacies.2018Undisclosed
109. 109HealthMark Groupacquired by Holland Course Capital · Business Services · United StatesProvider of health information management and technology services for medical clinics and hospitals.2018Undisclosed
110. 110Kantola Training Solutions, LLCacquired by Ridgeway Growth Capital · Business Services · United StatesDevelops and produces market-leading high-quality anti-harassment online training courses, LMS and training tracking tools.2018Undisclosed
111. 111Kivuto Solutions Inc.acquired by Legado Capital · eCommerce · United StatesSoftware distribution company that specializes in hosted electronic software delivery for education. Through its web-based solutions, the company offers a platform for institutions to distribute educational software.2018Undisclosed
112. 112Navegate Logisticsacquired by Saltspring Capital · Business Services · United StatesSupply chain management software including tools for purchase order coordination and fulfillment and customs compliance.2018Undisclosed
113. 113Paragon Legal Group, LLCacquired by Calyx Capital Partners · Business Services · United StatesProvides embedded attorneys on a project basis to assist with legal overflow work, hiring gaps, interim backfills and special projects.2018Undisclosed
114. 114Peerless Events & Tents LLCacquired by Dunmore Capital Partners · Business Services · United StatesTexas-based party and event rental business providing rental tents, staging, flooring, and tables and chairs.2018Undisclosed
115. 115Ticketech Holdings Inc.acquired by Kata Capital Partners · Software · United StatesProvides integrated, data-driven parking management solutions to garages and parking lots, residential buildings, off-airport facilities, hotels and hospitals.2018Undisclosed
116. 116Applied Data Corporation (ADC)acquired by Silver Field Capital (per ESP listing; not confirmed elsewhere) · Software · United StatesESP's page lists Applied Data Corporation, the fresh-item-management software company now called Upshop, as a Past investment from 2017, with Shamus Hines as CEO. No source found describes the original acquisition: seller, sourcing, price and financing are not publicly disclosed, and Silver Field Capital appears only in ESP's partner listing. Later public events: Prairie Capital VI led a growth re2017Undisclosed
117. 117Castle Tire Recyclingacquired by Castle Capital (per ESP Partners page) · Waste Management · United StatesESP lists Castle Tire Recycling, a tire collection, processing and recycling business, as a 2017 investment that has since been exited. Its Partners page names Chandos Mahon (Columbia) as exited CEO via a vehicle called Castle Capital. Searches turned up only directory entries: Private Equity Info lists a Portland, Oregon company under Search Fund Partners ownership, with no deal date or exit. A d2017Undisclosed
118. 118Financial Insurance Management Corporation (FIMC)acquired by Cork Capital · Financial Services · United StatesProvides auto club memberships that offer consumers roadside assistance and other related consumer protection.2017Undisclosed
119. 119Morningside Translations, inc.acquired by Greenwich Point Capital · Business Services · United StatesProfessional translation services specializing in ISO-certified patent, life sciences and legal translations into 150+ languages.2017Undisclosed
120. 120National Center for Faculty Development & Diversity LLC (NCFDD)acquired by Volley Partners · Business Services · United StatesIndependent professional development, training, and mentoring community for faculty members, postdocs, and graduate students offering on-campus workshops, online professional development training, and virtual mentoring programs.2017Undisclosed
121. 121Blue Sky Networkacquired by Kerwood Capital Partners · Aerospace · United StatesKerwood Capital Partners, a Los Angeles search fund run by Kambiz Aghili and Gregoire (Greg) Demory, acquired Blue Sky Network in a deal announced October 17, 2016. Blue Sky, a San Diego-area company founded in 2001, sells real-time asset tracking over the Iridium satellite network. According to Calabasas Capital, which advised the seller, the deal was a recapitalization in which the founding shar2016Undisclosed
122. 122ComplianceLineacquired by One Praetorian / Praetorian Equity Partners (per search-fund deal database and ESP listing) · Business Services · United StatesComplianceLine, a Charlotte-based compliance hotline and case-management business now branded Ethico, is run by co-CEOs Nick and Giovanni Gallo. A search-fund deal database lists its acquisition as a deal by One Praetorian, and ESP's partner page links the Gallos to Praetorian Equity Partners (Kellogg-linked, since 2014). ESP lists its own investment as 2016. Public sources found do not state how 2016Undisclosed
123. 123Eclipse Cash Systemsacquired by Convex Investing · Financial Services · United StatesFull service ATM Company, offering wholesale ATM products and services.2016Undisclosed
124. 124HousingWireacquired by Riomar Capital LLC · Media · United StatesPublishes news and information for U.S. mortgage markets.2016Undisclosed
125. 125ISI Telemanagement Solutionsacquired by Valent Capital Partners · Telecommunications · United StatesProvides communications management solutions that measure, analyze and optimize usage, content, and expenses.2016Undisclosed
126. 126MST Servicesacquired by Cornerstone Continuity Partners · Healthcare Providers · United StatesMultisystemic therapy services to help in the rehabilitation of juvenile offenders.2016Undisclosed
127. 127Omatic Softwareacquired by Big Tree Capital Partners · Software · United StatesIntegration software company for nonprofits. Software solutions work across CRM platforms to streamline data processes.2016Undisclosed
128. 128Subatomic Digitalacquired by Rivet Capital Partners · Manufacturing · United StatesProvides services that allow owners and distributors of video or print media to monetize their content. The company also provides its services for print media, such as engaging, designing, integrating, and launching.2016Undisclosed
129. 129Chronus Corporationacquired by GreenStreet Growth Management · Software · United StatesChronus, which makes mentoring-program software, was acquired by GreenStreet Growth Management in January 2015, per CB Insights, and Dealroom and Yespress also describe it as a search-fund acquisition of a company that had been bootstrapped since 2007. Seena Mortazavi, a Wharton graduate, led it as CEO; a corporate profile calls him founder and managing director of Greenstreet Growth Management, d2015Undisclosed
130. 130mTAB LLCacquired by Poplar Partners · Information Services · United StatesLeading provider of data analysis and visualization tools.2015Undisclosed
131. 131Planet DDSacquired by District Line Partners · Software · United StatesLeading cloud-based dental practice enterprise management software2015Undisclosed
132. 132Remarkable Health (dba ClaimTrak)acquired by Cedar Lake Partners · Software · United StatesSoftware solutions to behavioral health and human service agencies including clinical, billing, scheduling, medication management / e-prescribing, and reporting for inpatient, outpatient and residential settings. Additionally, it provides systems analysis, business process consulting, operations management, and financial services management.2015Undisclosed
133. 133BNIacquired by Pioneer Equity Partners · Business Services · United StatesThis was a leadership-plus-growth-investment deal rather than a classic search-fund purchase. In December 2014 Business Network International (BNI), the franchised business referral organization founded by Dr. Ivan Misner in 1985, brought in Graham Weihmiller as CEO alongside a growth investment from Pioneer Equity Partners. Weihmiller had earlier bought homecare franchisor Griswold Home Care thro2014Undisclosed
134. 134Caravel Autism Healthacquired by Wolf Point Growth (per ESP Partners page; not confirmed elsewhere) · Healthcare Providers · United StatesESP backed Caravel Autism Health in 2014, and its Partners page lists Mike Miller, a Kellogg graduate, as exited CEO through a vehicle called Wolf Point Growth. I could not find any public account of how that original acquisition was done: seller, sourcing, price and financing are not disclosed in the sources I found. What trade press does show is the later path. Caravel became a Green Bay, Wiscon2014Undisclosed
135. 135Design Communications (DCI)acquired by Light Beam Capital / Manifestations Capital (per ESP partner listing); Zreik says he founded a search fund in 2012 · Information Technology · United StatesCharbel Zreik, a Wharton-trained searcher, founded a search fund in 2012 and bought Design Communications (DCI), a hospitality-focused telecom and data provider that installs hotel phone and network systems. In a 2021 interview he described growing the sales team from 2-3 to 17, adding Wi-Fi to the telephony offer, courting national hotel brands and granting equity to employees. DCI bought EthoStr2014Undisclosed
136. 136Neuro Internationalacquired by Ironclad Capital · Healthcare Providers · United StatesCompany provides neurobehavioral supported living and assisted living programs for persons with head injury / traumatic brain injury (ABI / TBI), as well as spinal cord injury.2014Undisclosed
137. 137PEC Safetyacquired by Eagle Ridge Growth Partners · Software · United StatesProvider of integrated training solutions that enable organizations to more efficiently manage training associated with safety compliance programs.2014Undisclosed
138. 138Windley Ely Professional Corporationacquired by CPS Management Partners · Business Services · United StatesCanadian claims management services firm focused on workers’ compensation, absence management, and occupational health and safety.2014Undisclosed
139. 139Bright Market LLC (dba FastSpring)acquired by Pylon Capital · eCommerce · United StatesIn April 2013, Los Angeles-based Pylon Capital, led by managing partners Chris Lueck and Tom Tzakis, made a significant equity investment in FastSpring, the Santa Barbara e-commerce and billing platform for software companies. It was FastSpring's first outside capital since its 2005 founding, and the four co-founders all stayed, with Dan Engel stepping from CEO to SVP of Marketing and a board seat2013Undisclosed
140. 140Constellantacquired by Perigee Capital Partners, LLC (per ESP partner listing) · Software · United StatesESP lists Constellant (developerprogram.com), which creates and runs developer and partner communities for customers, as a 2013 investment. ESP's partner page names Bhavesh Patel, a Harvard Business School graduate, as CEO with the search fund Perigee Capital Partners since 2012, and a profile site also lists a Bhavesh Patel as CEO of Constellant. No press release, trade article or searcher case s2013Undisclosed
141. 141Recruit Militaryacquired by Longship Partners · Business Services · United StatesRecruiting platform connecting employers with veterans. The company hosts the nation’s largest single-source veteran database with over 1,400,000 members and publishes the nation’s second-largest veteran hiring publication, Search & Employ magazine.2013Undisclosed
142. 142Lecorpioacquired by Accretia Capital · Software · United StatesSoftware solutions to automate, manage, and optimize intellectual property, compliance, and billing processes of corporate legal departments.2012Undisclosed
143. 143Sage Data Holdingsacquired by Knob Hill Partners, LLC · Information Technology · United StatesCybersecurity consulting firm that offers a suite of services including program development, education and training, cyber assessment and tech testing, advisory services, and digital forensics.2012Undisclosed
144. 144Virtual Officewareacquired by Rosemore Capital, LLC · Information Technology · United StatesSoftware solutions that address the clinical, financial, and administrative needs of physician practices.2012Undisclosed
145. 145Advanced Network Solutionsacquired by Inman Square Capital LLC · Information Technology · United StatesNo public source was found on how Advanced Network Solutions was acquired in 2011 or how it later exited. ESP's partner listing names Max Sadler (MIT, Inman Square Capital) as exited CEO, but searches returned nothing confirming that name, the search fund, the seller, financing, or the buyer at exit. All deal details are not publicly disclosed.2011Undisclosed
146. 146RIA in a Boxacquired by Rushmore Partners · RIA Compliance Software / RegTech · United StatesAcquired by Rushmore Partners, backed by BK Growth2011Undisclosed
147. 147Midwest Suppliesacquired by Adirondack Growth Capital LLC · eCommerce · United StatesLargest home brewing and wine making retailer in U.S.2010Undisclosed
148. 148Metro Vein Centersacquired by Albaron Capital Partners · United StatesNational leader in the treatment of varicose veins, spider veins and other venous conditions using the latest minimally invasive technologies.—Undisclosed
149. 149Microdeaacquired by RedLeaf Management Partners · Software · United StatesDocument management and back office automation software for the transportation industry—Undisclosed