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BNI

The Deal

Bought By
Graham Weihmiller
Year
Not published by any primary source
The index host prints its own 2014 investment year and a second backer prints 2014 as its partner-since year and on its investments list; both are the backers' dates and nothing read states when he arrived or when the company changed hands again. The company's own release of September 29, 2023 says he served as chief executive since 2014 and steps up to executive chairman, which dates his seat and not the purchase.
Vehicle
Pioneer Equity Partners, backed by Pacific Lake Partners, Endurance Search Partners, Search Fund Partners, The Cambria Group and Applied Equity
Kind
Services

A business referral organization with more than 270,000 members meeting in 9,500 chapters, sold as a membership.

What Happened Next

The index host names him chief executive beside its 2014 investment and marks the company exited; a second backer names him beside the fund on its partners page and lists the company among its past investments. The company's own release of September 29, 2023 says he served as chief executive since 2014 and steps up to executive chairman with a new chief executive recruited. What the backers' exit was is on no page read.

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

Endurance Search Partners

Search Fund Partners

The Cambria Group

Applied Equity

  • Voke · Rene Almeida and João Lima · 2019
  • Navegate · Nathan Dey · 2018
  • Attainia · Mike Rozenfeld · 2016

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.

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 2014 investment and marks the company exited; a second backer names him beside the fund on its partners page and lists the company among its past investments. Nothing says he bought it. The index host's card, lists the company against its own 2014 investment and its own 2019 exit and names nobody.