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Krueger-Gilbert Health Physics

The Deal

Bought By
Keith Burns and Michael Curry
Year
2014
Vehicle
Seneca Creek Partners, backed by Anacapa Partners, Search Fund Partners and The Cambria Group
Kind
Healthcare

A Towson, Maryland provider of outsourced diagnostic medical physics, whose physicists run the mandated compliance testing of imaging equipment for hospitals and private practices.

What Happened Next

Took growth capital from Blue Sea Capital in May 2019, which built a national platform around it with Curry as chief executive and Burns as president.

They recapitalized 5 years in, in 2019, without handing over the company.

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

Backed by the Same Firms

Relay Investments

Endurance Search Partners

Anacapa Partners

Search Fund Partners

The Cambria Group

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.

These sources name who runs the business and when the firm invested, rather than saying in a sentence that the searchers bought it. The pairing rests on the row's other sources: a person named beside the company elsewhere. The index host's card, lists the company against its own 2014 investment and its own 2019 exit and names nobody.