Forio

The Deal

Bought By

Drew Marx

Year

2024

Vehicle

Backed by Hunter Search Capital, Pacific Lake Partners and Novidam

Kind

Software

A maker of custom and ready-to-run simulations used in corporate and executive training and in business school courses.

What Happened Next

Trading under its own name, with two backers naming him as chief executive beside their own 2024 investments and neither dating the purchase.

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.

• Hunter Search Capital's own account huntersearchcapital.com
• Pacific Lake Partners' own account pacificlake.com
• Novidam's own account novidam.com
• A third party's record of the deal searchfundsnews.com

These sources name who runs the business and when the firm invested, rather than saying in a sentence that the searchers bought it. Two backers name him as chief executive beside their own 2024 investments: one on a page of his own that describes the product, the other on its company page with a status of active. Nothing says he bought it.