Acquisition History / Search Funds / 2016
Search Fund Acquisitions in 2016
10 publicly known companies acquired by search funds in 2016.
- 1Blue 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 shar
- 2Cermeracquired by N Capital · Ceramic packaging · SpainWorld-leading manufacturer of ceramic food packaging (yogurt, desserts, ready meals); EUR9M revenue, EUR2M EBITDA at acquisition Source: https://searchfundsnews.com/cermer-which-was-the-third-company-acquired-by-a-sf-in-spain-now-has-a-new-owner/
- 3ComplianceLineacquired 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
- 4Eclipse Cash Systemsacquired by Convex Investing · Financial Services · United StatesFull service ATM Company, offering wholesale ATM products and services.
- 5HousingWireacquired by Riomar Capital LLC · Media · United StatesPublishes news and information for U.S. mortgage markets.
- 6ISI Telemanagement Solutionsacquired by Valent Capital Partners · Telecommunications · United StatesProvides communications management solutions that measure, analyze and optimize usage, content, and expenses.
- 7Lodisnaacquired by Elcano Partners · Transport & logistics · SpainInternational full-truckload road transport operator, Navarra; EUR20.4M sales in 2014 Backed by Acotral. Source: https://www.transportexxi.com/el-fondo-elcano-partners-compra-la-empresa-navarra-de-transporte-internacional-lodisna/
- 8MST Servicesacquired by Cornerstone Continuity Partners · Healthcare Providers · United StatesMultisystemic therapy services to help in the rehabilitation of juvenile offenders.
- 9Omatic Softwareacquired by Big Tree Capital Partners · Software · United StatesIntegration software company for nonprofits. Software solutions work across CRM platforms to streamline data processes.
- 10Subatomic 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.