Acquisition History / Search Funds / 2019

Search Fund Acquisitions in 2019

15 publicly known companies acquired by search funds in 2019.

  1. 1Agasusacquired by Voke · Computer Leasing/Resale · BrazilVoke's searchers invested in Agasus; revenue grew from ~R$45M to ~R$543M.2019Undisclosed
  2. 2Auronixacquired by Dhandho · IT/Telecom · MexicoCo-invested with Applied Equity Partners, BK Growth, Futaleufu Partners, Partner Ventures, WSC & Company (via Dhandho).2019Undisclosed
  3. 3Bio 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
  4. 4Broughton 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
  5. 5Capin-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
  6. 6Frenkitacquired by A&M Partners · Automotive components · SpainBrake and clutch repair kits manufacturer, Puente la Reina (Navarra); >90% exports Backed by ALZA Capital Partners. Source: http://www.posventa.com/es/notices/2019/03/el-search-fund-a-m-partners-se-hace-con-frenkit-57897.php2019Undisclosed
  7. 7Grupo Logiscenteracquired by Asta Capital · B2B e-commerce / AIDC · SpainMadrid B2B e-commerce distributor of AIDC/barcode/RFID equipment; EUR11.5M revenue, EUR1.8M EBITDA (2018) Backed by Antonio Beltrán, Atiud Capital Center, Cabiedes Inversiones, Fernando Herrero, Istria Capital, JB46, Luis Camilleri. Source: https://searchfundsnews.com/the-entry-of-levata-into-grupo-logiscenter-marks-one-of-the-most-successful-exits-in-spain/2019Undisclosed
  8. 8Hydro Flow Products, Inc.acquired by Springline Partners, LLC · Wholesaler · United StatesLeading provider of fire hose related products.2019Undisclosed
  9. 9Lorman Education Groupacquired by Trailview Partners, LLC · Business Services · United StatesProvider of compliance based corporate continuing education training courses and resources.2019Undisclosed
  10. 10Quality Coding Software Solutions, LLCacquired by Ardlock, LLC · Software · United StatesCost management software solutions for the managed care industry.2019Undisclosed
  11. 11Redline Automotive Merchandising, LLCacquired by Exit Plan Capital, LLC · Business Services · United StatesPhotography services for dealerships including lot photography, digital marketing, and software solutions.2019Undisclosed
  12. 12Stat Pads, LLCacquired by Uinta Capital, LLC · Business Services · United StatesAutomated External Defibrillator program management and safety company2019Undisclosed
  13. 13The Vasectomy Clinic Inc. (dba Dr. Snip)acquired by Dhandho · Healthcare Providers · United StatesIndependent vasectomy and men's health care private practice in Seattle.2019Undisclosed
  14. 14Utility Cloudacquired by Blue Range Capital, LLC · Software · United StatesSoftware solutions for tracking regulated assets including facilitating field work, inspections, and reporting.2019Undisclosed
  15. 15Vozitel and Cristalwareacquired by Syna Capital · Contact-center software · SpainVozitel: omnichannel CCaaS/AI contact-center software; Cristalware: customer-loyalty legal consultancy Backed by Alza Capital Partners, JB46, Kavnish Capital Partners, AIJ Global, Luis Camilleri, Fernando Herrero, Jesús Alonso, Félix Capell, Paz Ambrosy, Robert Monks. Source: https://searchfundsnews.com/another-successful-exit-in-spain-vozitel-joins-the-everfield-ecosystem/2019Undisclosed