Acquisition History / Search Funds / 2013
Search Fund Acquisitions in 2013
3 publicly known companies acquired by search funds in 2013.
- 1Bright 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 seat
- 2Constellantacquired 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 s
- 3Recruit Militaryacquired by Longship Partners · Business Services · United StatesRecruiting platform connecting employers with veterans. The company hosts the nations largest single-source veteran database with over 1,400,000 members and publishes the nations second-largest veteran hiring publication, Search & Employ magazine.