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ASI Group

The Deal

Bought By
Dave Ritchie
Year
2025
Vehicle
Backed by Pacific Lake Partners, Mineola Search Partners, ETA Equity and Trilogy Search Partners
Kind
Physical operations

A Stoney Creek, Ontario contractor running remotely operated vehicle inspections, commercial diving and biofouling management for hydro, nuclear, oil and gas, utility, construction and manufacturing customers.

What Happened Next

Trading under its own name, with the index host naming him chief executive beside its 2025 investment, a second backer pairing him with the company on its own portfolio, and a third labeling 2025 the year acquired.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

Pacific Lake Partners

Mineola Search Partners

ETA Equity

Trilogy Search Partners

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts rather than inferred.

These sources name who runs the business and when the firm invested, rather than saying in a sentence that the searchers bought it. The index host names him as chief executive beside its 2025 investment; a second backer pairs him with the company on a tile; a third labels 2025 the year acquired and names nobody. Nothing says he bought it.