FieldEdge
The Deal
- Bought By
- Steve Lau and Rameez Ansari
- Year
- 2015
- Vehicle
- Highland Creek Partners
Field-service management software for home contractors, bought as dESCO out of a Fort Myers business founded in 1980.
What Happened Next
Sold to Advent International in March 2018 and merged with Clearent; the searchers' own firm reports eight times its money and an 85% internal rate of return.
The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.
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.