LineDrive
The Deal
- Bought By
- Michael Abdella
- Year
- 2021
- Vehicle
- Mauve Capital Partners, backed by Sleeping Giant Capital, whose page pairs him with the company
- Kind
- Services
An outsourced sales and marketing firm partnering with manufacturers and distributors in industrial safety and facility productivity, in the backer's words, founded in 2000 in Itasca, Illinois.
What Happened Next
Still held: the backer's operating-companies page lists the company among its operating companies with him as chief executive. The company's own May 2021 release calls the deal a partnership and an investment, never a purchase, and says he joins its leadership team as chief executive while a founder stays as president.
The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.
Backed by the Same Firms
Sleeping Giant Capital
- Pondera Advisors · Kelly Conway · 2025
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.
- Sleeping Giant Capital's own account sleepinggiantcapital.com
- The company's own account prnewswire.com