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Lion Industrial Resources

The Deal

Bought By
Vik Bakshi
Year
Not published by any primary source
One backer prints 2019 as its partner-since year and 2021 on its investments list; the index host prints its own 2021 investment; the third backer's card carries no year; all are the backers' dates.
Vehicle
Seneca Trails Capital, backed by Endurance Search Partners, Search Fund Partners and Miramar Equity Partners
Kind
Services

An environmental services company handling industrial waste management and logistics for manufacturers.

What Happened Next

Trading under its own name, with one backer naming him chief executive beside the fund on its partners page and listing the company against 2021, the index host carrying its own 2021 investment, and a third tagging it a search investment.

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

Backed by the Same Firms

Endurance Search Partners

Search Fund Partners

Miramar Equity 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.

These sources name who runs the business and when the firm invested, rather than saying in a sentence that the searchers bought it. One backer names him as chief executive beside the fund on its partners page and lists the company against 2021; the index host carries its own 2021 investment and names nobody; a third tags it a search investment. Nothing says he bought it.