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Blue Sky Network

The Deal

Bought By
Kambiz Aghili and Gregoire Demory
Year
2016
Vehicle
Kerwood Capital Partners, backed by Endurance Search Partners, Search Fund Partners, Aspect Investors, WSC & Company, The Cambria Group and Applied Equity
Kind
Software

A maker of satellite-based tracking, communication and fleet management systems for aircraft, vessels and vehicles.

What Happened Next

Sold to ACR Group, whose release of May 9, 2022 announced the acquisition, the year the index host dates its own exit. One backer names one searcher as former chief executive and the other as president beside the fund.

The searchers held it 6 years, from 2016 to 2022.

Bought at exit by ACR Group, whose page carries that firm's own announcement of it.

Backed by the Same Firms

Endurance Search Partners

Search Fund Partners

Aspect Investors

WSC & Company

The Cambria Group

Applied Equity

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.