Cascade CPA

The Deal

Bought By

Caleb Williams and Fiona Yu

Year

2024

Vehicle

Savana Partners, the searchers' own fund, backed by Northspring Partners, Highland Creek Partners and Legate Partners

Kind

Services

A Wisconsin firm providing outsourced bookkeeping and accounting to small businesses that would otherwise carry the work in-house.

This trade has its own guide: Buying an Accounting or Bookkeeping Practice, which carries what a buyer checks in it and what it sells for.

What Happened Next

Trading under its own name; the searchers' own filing of January 2024 dates the acquisition raise, and two backers carry the company, one naming both co-chief executives.

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

Backed by the Same Firms

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.

• The searchers' own SEC filing sec.gov
• Futaleufu Partners' own account futaleufu-partners.com
• Search Fund Partners' own account searchfunds.net
• Northspring Partners' own account northspringpartners.com
• Highland Creek Partners' own account hlcpartners.com
• Legate Partners' own account, which identifies each company by its website link and its logo rather than by name, and names nobody legatelp.com

These sources name who runs the business and when the firm invested, rather than saying in a sentence that the searchers bought it. One backer's modals name each as co-chief executive of the company; the index host carries the company under its short name against its own 2024 investment and names nobody. Nothing says either bought it.