Search Acquisitions Record
The Deals
O&W Heat Treat
2025 · Ali Platon and Chris Goyen · Physical operations
A Connecticut aerospace heat-treating job shop.
RouteGenie
2025 · Cameron Craig · Software
Dispatch software for medical transport fleets.
Strategic Kids
2025 · Graham Brockington and Andy Morrow · Services
Staffing and enrichment programs for schools.
Thillens
2025 · Resit Melik · Physical operations
Armored car and cash logistics, out of Chicago.
Maher Services
2025 · Daniel Chase and Laurent Firlotte · Physical operations
New England well drilling and pump service.
Wu Consulting
2025 · Steven Tan · Services
Outsourced biostatisticians for drug trials.
CyberData Pros
2025 · Keith Burns · Services
Fractional security chiefs for small firms.
Desert Services
2024 · Tim Haitaian · Physical operations
Phoenix site services, water trucks to roll-offs.
Ryzer
2024 · Tim Heath and Michael Kahn · Software
An events platform for sports camps.
ELK Analytics
2023 · Daniel Baiz and Camilo Garces · Services
Security monitoring for smaller companies.
LabShares
2023 · Philip Borden · Physical operations
Shared laboratory space for Boston biotech.
Spivey Services
2023 · Wade Chipps · Physical operations
Traffic safety and portable sanitation rentals.
FileOnQ
2023 · Christophe Michotte · Software
Evidence and property tracking for police.
Page Vault
2022 · Alex Sappington and Luke Suydam · Software
Web evidence capture for litigators.
Concierge Plus
2022 · Mauricio Gonzalez · Software
Resident management software for condo boards.
Triyam
2022 · Luka Salamunic · Software
Legacy health record archiving for providers.
Meternet
2022 · Bryson Smith · Services
Sub-metering for California housing communities.
Cardata
2021 · Sheret Ross and Michael Levine · Software
Reimbursement software for employee-owned fleets.
Central Storage Warehouse
2021 · Hill Hamrick and Sam Krieg · Physical operations
Temperature-controlled warehousing since 1947.
Ennoble Care
2021 · Kush Das · Healthcare
House-call primary and hospice care.
Risk Mitigation Consulting
2021 · Vince Kuchar · Services
Mission-assurance and cybersecurity audits.
Montis Financial
2021 · Tucker Donahoe and John Yanchek · Services
Financial planning for New England clients.
Prelude Dynamics
2021 · Tommy Jackson · Software
Clinical trial software for animal health.
maxRTE
2021 · Carla Larin · Services
Insurance discovery for hospital billing teams.
Abound Health Group
2020 · Jenna Whigham and Dennis Lally · Healthcare
Behavioral health services in Charlotte.
Clariti
2020 · Cyrus Symoom and Jake Dancyger · Software
Permitting software for governments.
NovoPath
2020 · Promise Okeke · Software
A records system for pathology labs.
Radiation Detection Company
2020 · Ryan Turk · Physical operations
Dosimeter badges and dose history.
Crown Health
2020 · Nikita Sunilkumar · Healthcare
Mobile primary care for senior living.
Pacific Fertility Center Los Angeles
2019 · Brittany Collins and Miles Collins · Healthcare
Fertility and reproductive care in Los Angeles.
Kantola Training Solutions
2018 · Scott Mackenzie and Sarah Rowell · Software
Compliance and harassment-prevention courses.
Morningside
2017 · Roland Lessard and Thomas Klein · Services
Patent translation and language services.
Richmond Alarm Company
2017 · Brian Vanderheyden · Physical operations
Alarm installation and monitoring in Virginia.
Circle Surrogacy
2017 · Steuart Botchford and Sam Hyde · Services
Surrogacy journeys, coordinated end to end.
MST Services
2016 · Josh Glade and Logan Greenspan · Healthcare
A tested therapy program for at-risk youth.
FieldEdge
2015 · Steve Lau and Rameez Ansari · Software
Field-service software for contractors.
Remarkable Health
2015 · Peter Flick · Software
Behavioral-health records, rebuilt with AI.
Aegis Treatment Centers
2014 · Alex Dodd · Healthcare
California opioid treatment clinics.
Krueger-Gilbert Health Physics
2014 · Keith Burns and Michael Curry · Healthcare
Outsourced medical physics for imaging.
ParaRev
2014 · Jerry Connelly · Services
Hospital revenue recovery in Illinois.
FastSpring
2013 · Chris Lueck · Software
Payments for software sellers.
Raptor Technologies
2012 · Jim Vesterman · Software
School-safety software, out of Houston.
RIA in a Box
2011 · Will Bressman and G.J. King · Software
Compliance software for investment advisers.
HemaSource
2010 · Todd Tracey · Physical operations
Consumables for blood collection centers.
OnRamp
2009 · Lucas Braun and Ryan Robinson · Physical operations
Austin colocation and compliant-cloud hosting.
Griswold Home Care
2009 · Graham Weihmiller · Services
Non-medical home care, franchised nationally.
Fastener Distribution Holdings
2007 · Scott Tucker and Jim Tucker · Physical operations
Aerospace fastener distribution in California.
ProService Hawaii
2007 · Ben Godsey · Services
Honolulu's largest outsourced HR firm.
Smith Alarm Systems
1989 · David Dodson · Physical operations
A Dallas alarm company, and the model's first proof.
Vector Disease Control International
Year not published · Jay Davis and Jason Pananos · Physical operations
Mosquito control, grown by acquisition.
Echosec Systems
Year not published · Jeff Oldenburg · Software
Open-source intelligence on public data.
ITpipes
Year not published · Nader Bebawy · Software
Pipeline-inspection software for utilities.
BSU Electronics
Year not published · Leyla Sudbury · Physical operations
Circuit-board assembly, out of Austin.
PEC Safety
Year not published · Colby Lane · Services
Contractor safety training, taken national.
Scribbles Software
Year not published · Chris Lueck and Ben Knoll · Software
Student records for school districts.
Sunscape Landscaping
Year not published · Nick Seger · Physical operations
Commercial landscaping and grounds care in Austin.
United Pet Care
Year not published · Aaron Oaks · Services
Pet-health savings, sold as a workplace benefit.
The American Institute of Balance
Year not published · Carlo Arroyo · Healthcare
Balance and dizziness specialists, out of Tampa Bay.
Léargas Security
Year not published · LJ Campbell · Software
A security operations platform for infrastructure.
Paragon Legal Group
Year not published · Trista Engel and Jessica Markowitz · Services
In-house counsel placed on a project basis.
CITTA Brokerage
Year not published · Scott Sorenson · Services
Customs duty drawback recovery, out of Ogden.
Advanced Aircrew Academy
Year not published · Jordan Huibers and Alvin Wong · Software
Web-delivered training for flight operations.
Emission and Cooling Solutions
Year not published · Troy Beebe · Physical operations
Diesel aftertreatment parts and service.
No-IP
Year not published · Suchit Rout · Software
Dynamic DNS and remote access, out of Reno.
gFour Marketing
Year not published · Felipe Ros · Services
Repeat-customer marketing for home services.
APA Medical Equipment
Year not published · Tommy Shelton · Physical operations
Home medical equipment, out of Minneapolis.
Pelvic Health Solutions
Year not published · Beixi Li · Healthcare
Pelvic floor treatment, under a searcher.
AdComp Systems Group
Year not published · Murdoch Miller · Software
Payments and software for local governments.
Travelmax
Year not published · Malcolm Collins and Simone Collins · Services
Travel booking and management, out of Miami.
Energy Ogre
Year not published · Taylor Mattingly and John Watson · Services
Finds Texans a cheaper electricity plan.
Spanish Schoolhouse
Year not published · Evan Meehan · Physical operations
Spanish immersion preschools in Texas.
Fraxion
Year not published · Stanton Jandrell · Software
Purchasing and spend control, end to end.
What Searchers Actually Bought
Of the 72 deals here, 24 are software, 9 are healthcare, 20 are services and 19 are physical operations. Physical operations means the revenue depends on crews, vehicles, plant or inventory: contract manufacturing, cold storage, a heat-treating job shop, parts distribution, site services.
5 of them sit in a trade this site writes a buy guide for, and that gap is not the one it looks like. Searchers do buy physical businesses. They mostly do not buy the home services and Main Street trades a self-funded buyer competes for, and the ones who do are the hardest deals in the world to verify.
Which is the same market seen through a different publicity regime. Somebody who buys a plumbing company issues no announcement and neither does the seller, so the purchase is verifiable to almost nobody. Somebody who buys a software company is announced by the investors on the way in and by the acquirer on the way out, which is two independent sources arriving without being asked. This record takes nothing on one source, so it fills up with the deals that generate two.
Alone or With a Partner
45 of these were bought by one person and 27 by a pair or a team. That is the whole of what this record can say about it: the partnered deals here are older on average, so comparing how many of each have sold would measure how long each group has had rather than anything about searching with somebody.
Whether Anybody Gets Out
24 of these have a published liquidity event. 19 were outright sales, 2 were majority sales where the searcher reinvested and stayed on, and 3 were recapitalizations that returned capital without changing who runs the place. The other 48 record none, which for most of them is because the searchers still run the company and for some is only that nobody has published a sale.
15 of the outright sales name both years. The middle one came 4 years after the purchase, the quickest at 1 and the longest at 10. Read that as a census of what gets published and not as a sample of what happens: the holding period a searcher signs up to is set by the investors and the debt, and a searcher who bought and quietly still owns is easier to leave out of a record like this than one who sold to a name you recognize.
Who Is Behind Them
The backing firms these deals cite, and how many each is behind: Pacific Lake Partners (29), Futaleufu Partners (20), Search Fund Partners (17), WSC & Company (17), Anacapa Partners (10), Endurance Search Partners (7), Trilogy Search Partners (7), Housatonic Partners (5), Northspring Partners (3), Relay Investments (3), Von Zeo Capital (2), Blue Frame Capital Partners (1). A deal can name more than one, and the biggest names here are the firms that publish a portfolio rather than the firms that back the most searchers.
Method & Source
A record joins when both ends of the journey can be read in primary sources: the backer's or searcher's own account of the purchase, and the exit buyer's announcement where the company has traded on. Each deal's own page links the sources it rests on. Nothing here is drawn from a rumor, a database of unnamed transactions, or our own inference about what a price must have been. It is small on purpose and grows when a deal verifies rather than when it is rumored, and the exit ends of these journeys live on Buyers.
What those sources are, counted: 121 are the backer's own account, 35 are the company's own account, 19 are the acquirer's announcement, 15 are the searchers' own account and 1 is a third party's record of the deal. The weighting is the shape of the world rather than a preference: a company almost never announces that it was bought, and its backer almost always does.
What it deliberately leaves out: deals where a fund bought the company and appointed an operator to run it. Those are a real route into ownership and several are worth knowing about, but the sentence this page makes is that a searcher bought a business, and a sponsor purchase is a different one. Where a searcher's own vehicle is named as the buyer, self-funded or backed, it belongs here.