Acquisition History / Search Funds / 2024

Search Fund Acquisitions in 2024

31 publicly known companies acquired by search funds in 2024.

  1. 1AdComp 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
  2. 2Adinoracquired by Pleamar Partners · Metal products · SpainValladolid maker of aluminium joinery/hardware for furniture and DIY; ~EUR10M revenue, ~20% EBITDA Backed by ALZA Capital Partners, Alza Capital Partners, Arada Capital Partners, Atiud, Atiud Capital Center, Beka Alpha Search Funds, Tres Coronas Capital, Turtle Capital. Source: https://searchfundsnews.com/pleamar-partners-completes-the-acquisition-of-adinor/2024Undisclosed
  3. 3Air 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
  4. 4Alonso Luz y Gasacquired by Pontem Capital · Installation services · SpainAragón electricity/gas/water installation and maintenance company; 70+ employees, ~EUR5.3M revenue Backed by Alex Tuya, Enrique Locutura, Iniginy Capital, Inversiones Cabiedes, Inversiones Cabiedes (Jose and Luis Martin Gutierrez de Cabiedes), Javier Martín Chocarro, Tomás Barrilero. Source: https://searchfundsnews.com/pontem-capital-acquires-spanish-company-alonso-luz-y-gas/2024~EUR4M (EV)
  5. 5Altro 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
  6. 6Amici 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
  7. 7Azeleracquired by Imagine+ Inversiones · Automotive software / marketplace · SpainSubscription ERP and marketplace for the reused auto-parts industry (280+ authorised dismantlers, 4,000 suppliers) Backed by Ambit Partners, Arada Capital Partners, Promax Capital Investments. Ambit's site data (JS bundle) states 'Nicolas Goni launched his search fund in 2021, Imagine+ ... He acquired Azeler in 2024'. Source: https://www.ambit.partners/2024Undisclosed
  8. 8Azeler Automociónacquired by Imagine+ Inversión · Automotive software · SpainSoftware/marketplace and ERP for scrapyards and recovered auto-parts distributors Backed by SFClub, Ambit Partners. Source: https://www.ambit.partners/our-companies/azeler2024Undisclosed
  9. 9Cartonajes Limousinacquired by Lemnos Capital · Packaging · SpainTolosa (Gipuzkoa) corrugated-cardboard packaging maker, 100+ years old; EUR11M sales Backed by 9T Capital, Atiud Capital, Atiud Capital Center, Beka Alpha Search Funds, Beka Finance (Beka Alpha Search Funds), Itaca Capital Partners, Moonbase Capital. Source: https://searchfundsnews.com/lemnos-capital-acquired-100-of-cartonajes-limousin/2024Undisclosed
  10. 10Community 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
  11. 11Comprehensive 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
  12. 12ELTIacquired by Visconti Capital · Testing, Inspection & Certification · ItalyAcquired by Visconti Capital, backed by SCIPIO Holding Group and ONEtoONE Asset Management2024Undisclosed
  13. 13ExpensePointacquired by MKF Continuity · Financial Services · United StatesExpense and spend management solutions2024Undisclosed
  14. 14Fomento de Franquicias SLacquired by Global Vernius · Laundry services · SpainMadrid laundry services company for the hotel industry Source: https://searchfundsnews.com/spain-surpasses-75-sf-acquisitions-and-is-on-track-to-reach-100-by-the-end-of-2027/2024Undisclosed
  15. 15Growth 99acquired by Pracinco Management · Business Services · United StatesManagement Software & Marketing Solutions for Medical Practices2024Undisclosed
  16. 16Honolulu Ship Supply Co.acquired by Alpex Capital · Distribution · United StatesProduce distribution and food service supplier for cruise ships, tanker and tug boats2024Undisclosed
  17. 17HRtoGoacquired by Kirkmar LLC · Business Services · United StatesFull range human resource services and consulting2024Undisclosed
  18. 18Ibérica Semiconductores de Potencia (ISP)acquired by Kramer Inversiones · Electronics distribution · SpainPower-electronics representative/distributor; EUR13M revenue, 12% EBITDA margin Backed by Beka Alpha Search Funds, Cabiedes Inversiones, Tres Coronas, Mugello Inversiones, León Bartolomé. Source: https://searchfundsnews.com/kramer-inversiones-acquires-iberica-semiconductores-de-potencia-a-leading-power-electronics-distributor-in-spain/2024Undisclosed
  19. 19IMMSAacquired by Reforma Capital · Manufacturing · MexicoAcquired by Reforma Capital; co-invested alongside WSC & Company, Ambit Partners, JB46, Cerralvo Capital.2024Undisclosed
  20. 20Katonah Management Services, LLCacquired by Pando Root Capital · Property Management · United StatesHOA Management Company in the Hudson Valley2024Undisclosed
  21. 21Kollath CPAacquired by Savana Partners · Business Services · United StatesProvider of accounting, tax, payroll, and human resource services2024Undisclosed
  22. 22Metabolic Solutionsacquired by Cedrus Fund · Healthcare ServicesTesting for gene therapy and rare diseases2024Undisclosed
  23. 23Milton Educationacquired by Ada Capital · Edtech · SpainEducational publisher / edtech for English learning, 500+ schools; EUR3.5M revenue, EUR1.5M EBITDA (2023) Backed by Cerralvo Capital, George Jankovic, Kinderhook Partners, Mugello Inversiones, TTCER Partners, Tres Coronas. Source: https://searchfundsnews.com/spanish-sf-ada-capital-acquired-milton-education/2024Undisclosed
  24. 24Oakmont Educationacquired by Yellow Creek Search · Business Services · United StatesCharter school management company2024Undisclosed
  25. 25Pago de Tharsysacquired by Dangalena Capital · Wine · SpainRequena (Valencia) sparkling-wine (DO Cava) producer; ~EUR5M sales, ~EUR1.3M EBITDA Backed by Agirax, Cloudbreak, Mugello Inversiones, Novidam, Tres Coronas, Enrique Locutura, Ignasi Botet, Francisco Javier Peña, José Luis de Mora, León Bartolomé, Gernot Eisinger, Ángel Muñoz, Alejandro Rodríguez Carmona, Bart Van Hoek. Source: https://searchfundsnews.com/dangalena-capital-acquires-the-cornerstone-of-its-build-up-strategy-for-premium-wine-producers-in-spain/2024~EUR8M (EV)
  26. 26Premier Tree Specialistsacquired by Century House Partners · Property Management · United StatesComplete residential and commercial tree services2024Undisclosed
  27. 27Prestige Softwareacquired by Oportuna Capital · Hospitality software · SpainBarcelona hotel-management / PMS software provider (founded 1997) Backed by SFClub. Source: https://searchfundsnews.com/spain-surpasses-75-sf-acquisitions-and-is-on-track-to-reach-100-by-the-end-of-2027/2024Undisclosed
  28. 28Saepio Information Securityacquired by Aurias · Technology/Security · United KingdomAcquired by Aurias, co-invested alongside Ethos Partners & Maven Equity Partners.2024Undisclosed
  29. 29The American Institute of Balanceacquired by Four-Factor Capital · Healthcare Services · United StatesNetwork of Neurodiagnostic & Rehabilitation Balance Specialists2024Undisclosed
  30. 30Trans Sevacquired by Grupo Bocanegra · Logistics · SpainAndalusian freight-transport and logistics company, 100+ vehicles, >EUR8M revenue Source: https://searchfundsnews.com/grupo-bocanegra-executes-acquisition-in-logistics-sector-in-record-time/2024Undisclosed
  31. 31Windmill Wellness Ranchacquired by Magnificent Legacy Capital · Healthcare Providers · United StatesAdvanced therapeutic techniques and Brain Frequency technology used to treat addiction2024Undisclosed