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Datum Technologies

The Deal

Bought By
Rafael Alfonzo
Year
2016
Vehicle
Quatrefoil Capital, backed by Anacapa Partners
Kind
Services

A Sarasota, Florida IT services company running restaurant and head-office technology for multi-unit restaurant chains, from point of sale to networks, bought as the business of Datum Corporation.

What Happened Next

Filed for Chapter 11 on October 7, 2019, and by his own account in a business school case of July 31, 2020 it was sold to a competitor for the value of its debt, with all the equity lost.

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

Backed by the Same Firms

Anacapa 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.